Cheryl Riley

Cheryl Riley

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$879,900

($234,103 down)
FHA

3627 Otter Brook Loop, Discovery Bay, CA 94505

5
3
3,435 sqft
PITI Monthly
$4,520.48 /mo

Listing courtesy of: Mollie Nierhake, WR Properties

Assumed Rate

2.88%
7.15%

Principal & Interest

$2,894 /mo
$4,708 /mo

What's Special

GATED COMMUNITY
FRESH PAINT
DINING
SPACIOUS
FIREPLACE
WALK-IN CLOSET
THEATER ROOM
PRIVATE BACKYARD
COZY
FULLY FURNISHED

Welcome to your Lakeshore retreat in Discovery Bay! This beautiful home features 4 bedrooms, 3 bathrooms, plus a 5th bedroom currently used as a fully furnished theater room with surround sound and 6 recliners. Enjoy high ceilings, an open floor plan, a cozy front room with fireplace, formal dining, and a spacious kitchen with island, nook, and a second fireplace in the living room. Step outside to your private backyard with a solar-heated pool—perfect for relaxing or entertaining. Upstairs includes a large loft and a luxurious primary suite with surround sound and an oversized walk-in closet. The home offers a full bedroom and bathroom downstairs, ideal for guests or multi-gen living. Features include 7 mounted TVs, new ADT system with 4 cameras, new refrigerator, washer, dryer, and an extra fridge and freezer in the garage. Fresh paint, new grass, dog run, and a massive 4-car garage with RV space and storage racks. Located in a guard-gated community with pool, basketball courts, walking paths, and 24/7 security. Live where you play—Discovery Bay living at its best!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.88
Remaining Loan Term
26 years, 9 months
Monthly PITI
$4,520.48/mo
Estimated Loan Balance
$651,140
Cash to close
$234,103
Interest Paid
$63,001

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Unknown
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom, LivingRoom
  • Flooring: SeeRemarks

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 4
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: InGround, Association

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Tile
Condition
  • Year Built: 2003
Details
  • Builder:

Community & HOA

Community
  • Subdivision: LAKESHORE
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: LAKESHORE HOA
  • HOA Amenities: Unknown
  • HOA Fee: $205
  • HOA Frequency: $Monthly
Location
  • Region: Discovery Bay

Financial Details

  • Price per Sqft: $256.16
  • Tax Annual Amount: $10998.8
  • On Market Date: 2025-04-11T00:00:00.000Z
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 $234,103 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $234,103!

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

Loan Breakdown

Assumed Mortgage2.88% Sellers Rate
$645,797
Your Cash$234,103
Total Purchase Price:$879,900

Assumed vs Traditional Mortgage

Assumed @ 2.88%
$2,894/mo
Traditional @ 7.15%
$4,883/mo
You save $1,989/month ($23,872/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 41093112

Listing From:

Last updated: 2025-04-12T03:00:37.000Z

© , 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

2.88%
7.15%

Principal & Interest

$2,894 /mo
$4,708 /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 $234,103 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $234,103!

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

Loan Breakdown

Assumed Mortgage2.88% Sellers Rate
$645,797
Your Cash$234,103
Total Purchase Price:$879,900

Assumed vs Traditional Mortgage

Assumed @ 2.88%
$2,894/mo
Traditional @ 7.15%
$4,883/mo
You save $1,989/month ($23,872/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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