Michael Graham

Michael Graham

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$950,000

($691,078 down)
VA

1616 Paraiso Ave, Spring Valley, CA 91977

4
3
2,255 sqft
PITI Monthly
$2,891.82 /mo

Listing courtesy of: Adepeju Sanni, First Choice Funding and Real Estate

Assumed Rate

2.48%
7.15%

Principal & Interest

$1,686 /mo
$2,499 /mo

What's Special

SPACIOUS
MODERN
EFFICIENT
SOLAR PANELS

Don’t miss your chance to own this beautiful and spacious 4-bedroom, 3-bathroom home with ocean views, built on a 6,676 sqft flat lot. With 2,255 sq ft of open-concept living, this modern retreat features a spacious layout filled with natural light, a stylish kitchen, and a generously sized backyard ideal for entertaining or relaxing. Energy-efficient solar panels provide power for the home and your vehicles—offering sustainable living and long-term savings. Located just 13 miles from Downtown San Diego with quick freeway access, this property combines space, style, and convenience.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.48
Remaining Loan Term
15 years, 5 months
Monthly PITI
$2,891.82/mo
Estimated Loan Balance
$285,260
Cash to close
$691,078
Interest Paid
$32,953

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Electric, EnergyStarQualifiedEquipment, ForcedAir
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

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

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Shingle
Condition
  • Year Built: 2013
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Spring Valley
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Spring Valley

Financial Details

  • Price per Sqft: $421.29
  • Tax Annual Amount: $11875
  • On Market Date: 2025-05-01T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $691,078 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $691,078!

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

Loan Breakdown

Assumed Mortgage2.48% Sellers Rate
$258,922
Your Cash:$691,078
Total Purchase Price:$950,000

Assumed vs Traditional Mortgage

Assumed @ 2.48%
$1,686/mo
Traditional @ 7.15%
$2,571/mo
You save $886/month ($10,627/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 250026298SD

Listing From:

Last updated: 2025-05-02T12:34:41.000Z

© , 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

2.48%
7.15%

Principal & Interest

$1,686 /mo
$2,499 /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 $691,078 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $691,078!

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

Loan Breakdown

Assumed Mortgage2.48% Sellers Rate
$258,922
Your Cash:$691,078
Total Purchase Price:$950,000

Assumed vs Traditional Mortgage

Assumed @ 2.48%
$1,686/mo
Traditional @ 7.15%
$2,571/mo
You save $886/month ($10,627/year)

*Secondary financing rates are an estimated value based on input

Follow Us
exp realty
Agent/Broker
Michael Grahamexp realty(480) 628-9392michael@grahamgroupaz.comMLS

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than exp realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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