Dan Kaercher

Dan Kaercher

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Closed

$1,050,000

($0 down)*
FHA

Potential short sale please verify with your agent.

707 Summit Road, Watsonville, CA 95076

3
N/A
1,740 sqft
PITI Monthly
$5,996.63 /mo

Listing courtesy of: Trevor Feichtmann, Intero Real Estate Services

Assumed Rate

2.55%
7.15%

Principal & Interest

$4,906 /mo
$8,332 /mo

What's Special

INVESTORS
SERENE
DECK
VACATION HOME

"2 HOMES" Nestled in the picturesque landscape of Watsonville, 707 Summit Road offers a perfect blend of serene country living and offers a tranquil lifestyle. This exquisite 7.60 Acre property is an ideal retreat for those seeking peace, privacy, and a connection with nature. This home offers 3 bedroom 2 full baths in the main house and boasts 1,740 square feet of living space, and is equipped with a backup generator, well water, and septic system . The additional 1200 square foot ADU (not permitted) offers 3 bedrooms and 2 full baths. Property includes many unique amenities that include an attached 2 car garage, horse round pen w/small stable, plenty of room for RV storage, workshop/stable, barn/tack room, deck off the rear of main home with amazing views of the ocean on a clear day, and more. Just minutes from Mount Madonna School, Mount Madonna Retreat Center and the Kim Son Meditation Center. This is a one of a kind property could be your vacation home, retreat and much more! A must-see for families, investors, or people looking to live the country lifestyle!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.55
Remaining Loan Term
26 years, 7 months
Monthly PITI
$5,996.63/mo
Estimated Loan Balance
$1,153,090
Cash to close
$0
Interest Paid
$103,380

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 0
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: FamilyRoom, WoodBurning
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition, Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Ranch
Materials
  • Unknown
  • Roof: Composition, Shingle
Condition
  • Year Built: 1978
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Watsonville

Financial Details

  • Price per Sqft: $603.45
  • Tax Annual Amount: $
  • On Market Date: 2024-07-17T00:00:00.000Z
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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage2.55% Sellers Rate
$1,050,000
Your Cash$0
Total Purchase Price:$1,050,000

Assumed vs Traditional Mortgage

Assumed @ 2.55%
$4,906/mo
Traditional @ 7.5%
$8,642/mo
You save $3,736/month ($44,831/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81968652

Listing From:

Last updated: 2024-12-05T03:37:47.000Z

© , 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

2.55%
7.15%

Principal & Interest

$4,906 /mo
$8,332 /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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage2.55% Sellers Rate
$1,050,000
Your Cash$0
Total Purchase Price:$1,050,000

Assumed vs Traditional Mortgage

Assumed @ 2.55%
$4,906/mo
Traditional @ 7.5%
$8,642/mo
You save $3,736/month ($44,831/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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