Cheryl Riley

Cheryl Riley

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$379,000

($305,253 down)
FHA

317 N Melrose Drive UNIT B, Vista, CA 92083

1
1
892 sqft
PITI Monthly
$1,104.91 /mo

Listing courtesy of: John Mayberry, Real Property Management

Assumed Rate

3.8%
7.15%

Principal & Interest

$486 /mo
$705 /mo

What's Special

DINING
FIREPLACE
VAULTED CEILINGS
BALCONY
CHARMING
COZY

This upper-level unit is filled with natural light and offers a welcoming layout with vaulted ceilings and a cozy fireplace in the living room. The kitchen comes fully equipped with a stove, refrigerator, dishwasher, and microwave, plus a charming dining nook that opens to a large private balcony—perfect for relaxing or entertaining. The generously sized bedroom features three closets, including a walk-in and a closet with built-in shelving. You'll also find a large linen cabinet and an oversized vanity in the bathroom, along with a convenient in-unit washer and dryer. This condo includes a one-car garage and access to resort-style community amenities like a pool, spa, and tennis court. A great opportunity to own in the desirable Melrose Park community.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.8
Remaining Loan Term
17 years, 3 months
Monthly PITI
$1,104.91/mo
Estimated Loan Balance
$75,246
Cash to close
$305,253
Interest Paid
$43,789

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • 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: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Community, Fenced, InGround, Association

Construction

Type & Style
  • Stories: 1
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1981
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Sidewalks, Pool
HOA
  • Has HOA: Yes
  • HOA Name: Melrose Park
  • HOA Amenities: Unknown
  • HOA Fee: $540
  • HOA Frequency: $Monthly
Location
  • Region: Vista

Financial Details

  • Price per Sqft: $424.89
  • Tax Annual Amount: $4737.5
  • On Market Date: 2025-04-10T00:00:00.000Z
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 $305,253 (81%)
You can enter any amount below - secondary financing will cover the difference if needed.
81%
$

You cover the entire equity of $305,253!

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

Loan Breakdown

Assumed Mortgage3.8% Sellers Rate
$73,747
Your Cash:$305,253
Total Purchase Price:$379,000

Assumed vs Traditional Mortgage

Assumed @ 3.8%
$486/mo
Traditional @ 7.15%
$731/mo
You save $245/month ($2,938/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NDP2503483

Listing From:

Last updated: 2025-04-10T22:47:25.000Z

© , 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

3.8%
7.15%

Principal & Interest

$486 /mo
$705 /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 $305,253 (81%)
You can enter any amount below - secondary financing will cover the difference if needed.
81%
$

You cover the entire equity of $305,253!

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

Loan Breakdown

Assumed Mortgage3.8% Sellers Rate
$73,747
Your Cash:$305,253
Total Purchase Price:$379,000

Assumed vs Traditional Mortgage

Assumed @ 3.8%
$486/mo
Traditional @ 7.15%
$731/mo
You save $245/month ($2,938/year)

*Secondary financing rates are an estimated value based on input

Follow Us
American Allstar Realty
Agent/Broker
Cheryl RileyAmerican Allstar Realty(602) 353-7375cheryl.m.riley@gmail.comMLS BR655878000

© 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 American Allstar 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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