Dan Kaercher

Dan Kaercher

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Closed

$789,000

($140,896 down)
FHA

323 Markell Lane, Fallbrook, CA 92028

4
3
3,116 sqft
PITI Monthly
$5,450.4 /mo

Listing courtesy of: Kyle Andrade, Allison James Estates & Homes

Assumed Rate

6.1%
7.15%

Principal & Interest

$3,951 /mo
$4,403 /mo

What's Special

REMODELED
LOCATION
SERENE
DINING
MODERN
LUXURY
FIREPLACE
VAULTED CEILINGS
PATIO
MOUNTAIN VIEWS
CHARMING

Welcome to your dream home in the heart of Fallbrook, where luxury meets tranquility on a sprawling lot. As you drive up to this stunning property, you’ll immediately notice the expansive front yard, a canvas ready for your personal touch. Imagine the endless possibilities for landscaping, from vibrant flower beds to a charming garden. Step through the inviting entrance and be greeted by soaring vaulted ceilings that create a sense of grandeur and space. The open floor plan seamlessly connects the living, dining, and kitchen areas, where a wood-burning fireplace adds warmth and ambiance. The kitchen is a chef's delight, featuring sleek KitchenAid appliances, freshly painted cabinets, and new overhead fixtures. Explore further to discover beautifully remodeled bedrooms, each showcasing new textures, paint, and lighting. The great room is truly the heart of this home, offering a spectacular space where family and friends can come together. With its soaring vaulted ceilings and abundant natural light, this expansive area is perfect for both lively gatherings and quiet moments. Enjoy the comfort of heated floors as kids play and laughter fills the air. The open, airy design ensures this room is not just beautiful but functional, making it the ideal spot for creating cherished memories. Venture outside to your private retreat, where a magnificent pool awaits. The pool area is framed by a covered patio, ideal for lounging or hosting gatherings. The backyard also boasts a refurbished seating area, a chicken coop for up to nine chickens, and a lush garden with nearly 70 fruit-bearing queen palms, pomegranate, avocado, and dwarf apple trees. The home is designed with thoughtful upgrades, including a new white commercial asphalt roof that reduces temperatures by up to 20 degrees, a 30-panel solar system (fully owned), and a new 200-amp electrical panel. Fallbrook is more than just a location—it's a lifestyle. Enjoy proximity to Clemmens Lane County Park and breathtaking 140-degree mountain views with snow-capped peaks in winter. Experience local charm with the annual Avocado Festival, vibrant Farmers Markets, the Grand Tradition Estate/Gardens, and a selection of wineries and farms. This home embodies the best of Fallbrook living, combining modern comforts with serene natural beauty. Don’t miss your chance to own this exceptional property.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.1
Remaining Loan Term
29 years, 0 months
Monthly PITI
$5,450.4/mo
Estimated Loan Balance
$650,696
Cash to close
$140,896
Interest Paid
$39,553

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: WoodBurning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: Private

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Asphalt
Condition
  • Year Built: 1960
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Mountainous
HOA
  • Has HOA: No
Location
  • Region: Fallbrook

Financial Details

  • Price per Sqft: $253.21
  • Tax Annual Amount: $9862.5
  • On Market Date: 2024-09-26T00:00:00.000Z
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 $140,896 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $140,896!

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

Loan Breakdown

Assumed Mortgage6.1% Sellers Rate
$648,104
Your Cash$140,896
Total Purchase Price:$789,000

Assumed vs Traditional Mortgage

Assumed @ 6.1%
$3,951/mo
Traditional @ 7.5%
$4,568/mo
You save $617/month ($7,400/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24189119

Listing From:

Last updated: 2024-12-13T19:14:26.000Z

© , 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

6.1%
7.15%

Principal & Interest

$3,951 /mo
$4,403 /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 $140,896 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $140,896!

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

Loan Breakdown

Assumed Mortgage6.1% Sellers Rate
$648,104
Your Cash$140,896
Total Purchase Price:$789,000

Assumed vs Traditional Mortgage

Assumed @ 6.1%
$3,951/mo
Traditional @ 7.5%
$4,568/mo
You save $617/month ($7,400/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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