Dan Kaercher

Dan Kaercher

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Closed

$680,000

($155,849 down)
VA

5277 Santa Margarita Street, San Diego, CA 92114

3
2
1,152 sqft
PITI Monthly
$2,535.79 /mo

Listing courtesy of: Sarah Anderson, Keller Williams Realty

Assumed Rate

2.99%
7.15%

Principal & Interest

$2,369 /mo
$3,800 /mo

What's Special

LOCATION
SPACIOUS
PUBLIC TRANSPORTATION
HISTORIC
CHARMING
INVESTMENT OPPORTUNITY

Welcome to your future oasis in the heart of San Diego! This beautifully maintained 3-bedroom, 2-bathroom home sits on an impressive quarter+ acre lot offering amazing views, with a unique blend of comfort, space, and opportunity! Step inside to find a bright and cheerful floor plan with many smart home features and upgraded appliances and a spacious covered outdoor living area providing plenty of space for living, working and hosting guests. With over 11,000 Sq Ft of land, there’s room to create your dream backyard, add a pool, or even potential of adding additional living unit or ADU to the property. VA eligible buyers also may have opportunity to assume the existing historically low interest rate of only 2.25%! Enjoy SoCal life in the home located just minutes from public transportation, downtown, beaches and outdoor activities and more. Whether you're looking to settle into a charming home with room to grow, or seeking an investment opportunity with development potential, this property has it all. The combination of a large lot, assumable low-rate VA loan, and prime location makes this home a rare find in Today’s market. Don't miss out - homes like this in Encanto don’t last long.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.99
Remaining Loan Term
26 years, 2 months
Monthly PITI
$2,535.79/mo
Estimated Loan Balance
$525,211
Cash to close
$155,849
Interest Paid
$61,901

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: ForcedAir, NaturalGas
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile, Vinyl

Exterior

Fencing
  • Fencing: ChainLink
Roof
  • Roof: Composition, Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Composition, Shingle
Condition
  • Year Built: 1953
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, StreetLights, Suburban
HOA
  • Has HOA: No
Location
  • Region: San Diego

Financial Details

  • Price per Sqft: $590.28
  • Tax Annual Amount: $
  • On Market Date: 2024-08-14T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $155,849 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $155,849!

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

Loan Breakdown

Assumed Mortgage2.99% Sellers Rate
$524,151
Your Cash$155,849
Total Purchase Price:$680,000

Assumed vs Traditional Mortgage

Assumed @ 2.99%
$2,369/mo
Traditional @ 7.5%
$3,942/mo
You save $1,573/month ($18,873/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PTP2404841

Listing From:

Last updated: 2024-09-26T23:24:50.000Z

© , 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

2.99%
7.15%

Principal & Interest

$2,369 /mo
$3,800 /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 $155,849 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $155,849!

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

Loan Breakdown

Assumed Mortgage2.99% Sellers Rate
$524,151
Your Cash$155,849
Total Purchase Price:$680,000

Assumed vs Traditional Mortgage

Assumed @ 2.99%
$2,369/mo
Traditional @ 7.5%
$3,942/mo
You save $1,573/month ($18,873/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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