Dan Kaercher

Dan Kaercher

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Closed

$929,000

($612,881 down)
FHA

191 E City Place Drive, Santa Ana, CA 92705

1
3
1,505 sqft
PITI Monthly
$3,171.3 /mo

Listing courtesy of: Matthew Shinn, Shinn Real Estate Group

Assumed Rate

3.5%
7.15%

Principal & Interest

$1,788 /mo
$2,689 /mo

What's Special

DINING
SPACIOUS
MODERN
PATIO
LANDSCAPED

Welcome to one of the most innovative urban enclaves of Orange County! This stylish and sophisticated loft offers a unique modern appeal and an attractive floor plan, made complete with high, lofted ceilings, large overhead rolling door and an officially zoned commercial space on the first level. Many homeowners either lease out the space to other businesses or use it themselves for their own business or personal use. The second floor offers a spacious dining room, powder room, and a kitchen with plenty of counter space and cabinetry. The kitchen leads into the large family room with lofted ceilings and a large glass and steel commercial roll-up garage door, which allows for plenty of natural light during the day and a beautiful view of the urban environment at night. The patio has enough room for seating and other decor to enjoy the view while having your morning coffee. On the third floor is a large primary en-suite that won't fail to impress. Living in a City Place loft gives you the feeling of living a metropolitan lifestyle in the country of Orange — a perfect balance of modern day minimalism and old-fashioned comfort. The City Place community offers a small landscaped area to walk your dogs or have lunch and chat with your neighbors. And don’t forget, when in a pinch for a meal, the loft is a short minute’s walking distance of Mother's Market, The Olive Garden, Coffee Bean & Tea Leaf, Chipotle, and Habit Burger Grill to name a few. The City Place Lofts are situated in a highly desirable locale of Santa Ana and city of Orange adjacent — at the intersection of the 5 and 22 freeways, across from the Main Place Mall, and at the heart of many popular business, residential and retail centers. 191 E City Place Drive is the perfect choice for a comfortable, convenient and modern lifestyle for the sophisticated individual.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.5
Remaining Loan Term
20 years, 3 months
Monthly PITI
$3,171.3/mo
Estimated Loan Balance
$317,843
Cash to close
$612,881
Interest Paid
$121,942

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Private
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 3
  • Home type: Condominium
  • Architectural Style: Contemporary
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2005
Details
  • Builder:

Community & HOA

Community
  • Subdivision: ,City Place
  • Features: Park
HOA
  • Has HOA: Yes
  • HOA Name: City Place Maintenance Corp
  • HOA Amenities: Unknown
  • HOA Fee: $417.62
  • HOA Frequency: $Monthly
Location
  • Region: Santa Ana

Financial Details

  • Price per Sqft: $617.28
  • Tax Annual Amount: $11612.5
  • On Market Date: 2024-10-01T00:00:00.000Z
Inquire about this property

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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 $612,881 (66%)
You can enter any amount below - secondary financing will cover the difference if needed.
66%
$

You cover the entire equity of $612,881!

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

Loan Breakdown

Assumed Mortgage3.5% Sellers Rate
$316,119
Your Cash:$612,881
Total Purchase Price:$929,000

Assumed vs Traditional Mortgage

Assumed @ 3.5%
$1,788/mo
Traditional @ 7.5%
$2,789/mo
You save $1,001/month ($12,017/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC24203460

Listing From:

Last updated: 2025-01-18T19:07:07.000Z

© , 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

3.5%
7.15%

Principal & Interest

$1,788 /mo
$2,689 /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 $612,881 (66%)
You can enter any amount below - secondary financing will cover the difference if needed.
66%
$

You cover the entire equity of $612,881!

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

Loan Breakdown

Assumed Mortgage3.5% Sellers Rate
$316,119
Your Cash:$612,881
Total Purchase Price:$929,000

Assumed vs Traditional Mortgage

Assumed @ 3.5%
$1,788/mo
Traditional @ 7.5%
$2,789/mo
You save $1,001/month ($12,017/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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