Dan Kaercher

Dan Kaercher

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Closed

$435,000

($165,567 down)
FHA

1600 Summertime Dr, El Cajon, CA 92021

2
1
893 sqft
PITI Monthly
$1,562.07 /mo

Listing courtesy of: Samantha O'Brien, eXp Realty of Southern California, Inc.

Assumed Rate

2.74%
7.15%

Principal & Interest

$1,203 /mo
$1,993 /mo

What's Special

MODERN
RENOVATED

A stunning home that's perfect for a first-time buyer! Reimagined from top to bottom with exquisite attention to detail. The interior features sleek Legno Italian porcelain tile floors complemented by plush new carpet in the bedrooms. The designer kitchen is a chef’s paradise, showcasing custom cabinetry, Carrara River Quartz countertops with a striking waterfall edge and hand painted tiles on the peninsula. The bathroom has been completely renovated and an updated laundry space combines style and functionality for everyday needs. Modern amenities such as recessed lighting throughout, a smart Nest thermostat and AC ensure comfort and efficiency at every turn. You'll also enjoy being an end-unit, the garage and 3 parking spaces total! The complex includes a pool and is VA approved!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.74
Remaining Loan Term
25 years, 11 months
Monthly PITI
$1,562.07/mo
Estimated Loan Balance
$271,189
Cash to close
$165,567
Interest Paid
$31,540

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: ForcedAir, NaturalGas
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Community

Construction

Type & Style
  • Stories: 1
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Composition
Condition
  • Year Built: 1974
Details
  • Builder:

Community & HOA

Community
  • Subdivision: El Cajon
  • Features: Pool
HOA
  • Has HOA: Yes
  • HOA Name: ASPM
  • HOA Amenities: Unknown
  • HOA Fee: $500
  • HOA Frequency: $Monthly
Location
  • Region: El Cajon

Financial Details

  • Price per Sqft: $487.12
  • Tax Annual Amount: $5437.5
  • On Market Date: 2025-01-07T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $165,567 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $165,567!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$269,433
Your Cash$165,567
Total Purchase Price:$435,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,203/mo
Traditional @ 7.5%
$2,067/mo
You save $864/month ($10,370/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 250000524SD

Listing From:

Last updated: 2025-04-02T17:52:38.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

2.74%
7.15%

Principal & Interest

$1,203 /mo
$1,993 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $165,567 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $165,567!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$269,433
Your Cash$165,567
Total Purchase Price:$435,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,203/mo
Traditional @ 7.5%
$2,067/mo
You save $864/month ($10,370/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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