Dan Kaercher

Dan Kaercher

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Closed

$1,185,000

($766,733 down)
VA

3170 Cherry Ln, San Luis Obispo, CA 93401

3
2
1,746 sqft
PITI Monthly
$2,103.76 /mo

Listing courtesy of: Shonda Merrill, Merrill & Associates Real Estate

Assumed Rate

2.83%
7.15%

Principal & Interest

$1,887 /mo
$3,090 /mo

What's Special

SHOPPING
DINING
SPACIOUS
MODERN
LUXURY
GRANITE COUNTERTOPS
FIREPLACE
WALK-IN CLOSET
PATIO
COZY
SOLAR PANELS

Welcome to 3170 Cherry Lane in San Luis Obispo, located in the highly desirable Serra Meadows neighborhood. This modern, spacious home offers 3 bedrooms, 2 bathrooms, and 1,746± square feet of thoughtfully designed living space. Built in 2015, this home boasts an open floor plan filled with natural light, creating a bright and airy atmosphere great for modern living. The inviting living room has a gas fireplace for cozy evenings, and a layout that seamlessly flows into the kitchen and dining area. The kitchen is a chef’s dream, complete with modern cabinetry, granite countertops, a large island, a walk-in pantry, and stainless-steel appliances. The dining room overlooks the expansive backyard with convenient glass sliding door access. Enjoy the luxury of a sizable primary bedroom suite with a spacious bathroom featuring dual sinks, a bathtub, a step-in shower, a separate toilet room, and a large walk-in closet. The second bedroom offers backyard access through sliding glass doors, while the third bedroom is equally spacious and bright. A full hall bathroom accommodates guests and visitors with ease. Step outside into your backyard oasis, complete with a brick-laid patio, artificial grass, and underground drains. The side yards are equally functional, with one side boasting a rock patio and the other brick-paved patio. Additional amenities include an indoor laundry room with cabinetry and a sink. The home is pre-wired for solar panels, and ducting has already been installed for future A/C installation. Located near the scenic South Hills Open Space and within walking distance of hiking trails, the SLO Public Market, and local shopping and dining, this home is an amazing blend of comfort, convenience, and outdoor adventure. Don't miss the opportunity to make this exceptional home your own!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.83
Remaining Loan Term
25 years, 9 months
Monthly PITI
$2,103.76/mo
Estimated Loan Balance
$420,956
Cash to close
$766,733
Interest Paid
$52,498

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: SeeRemarks
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Unknown

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2015
Details
  • Builder:

Community & HOA

Community
  • Subdivision: San Luis Obispo(380)
  • Features: Curbs, Hiking, StormDrains, StreetLights, Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name: Serra Meadows
  • HOA Amenities: Unknown
  • HOA Fee: $58
  • HOA Frequency: $Monthly
Location
  • Region: San Luis Obispo

Financial Details

  • Price per Sqft: $678.69
  • Tax Annual Amount: $
  • On Market Date: 2024-10-18T00:00:00.000Z
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 $766,733 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $766,733!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$418,267
Your Cash:$766,733
Total Purchase Price:$1,185,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$1,887/mo
Traditional @ 7.5%
$3,205/mo
You save $1,318/month ($15,816/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NS24215654

Listing From:

Last updated: 2024-12-05T03:48:59.000Z

© , 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

2.83%
7.15%

Principal & Interest

$1,887 /mo
$3,090 /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 $766,733 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $766,733!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$418,267
Your Cash:$766,733
Total Purchase Price:$1,185,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$1,887/mo
Traditional @ 7.5%
$3,205/mo
You save $1,318/month ($15,816/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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