Jeanne(Kerry) Davidson

Jeanne(Kerry) Davidson

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$689,900

($317,906 down)
VA

1493 Portello Way, Lincoln, CA 95648

4
2
2,136 sqft
PITI Monthly
$1,830.47 /mo

Listing courtesy of: Richard R West, Franklin West Real Estate

Assumed Rate

2.9%
7.15%

Principal & Interest

$1,664 /mo
$2,700 /mo

What's Special

MODERN
WALK-IN CLOSET
MASTER SUITE
PATIO
LANDSCAPED
SPRINKLER SYSTEM
SOLAR PANELS
NO HOA

This Lincoln home has it all! Stunning, Single Story, 4-bed, 2-bath home in Lincoln, CA, offering 2,136 sq ft of living space on a premium .19-acre lot with no HOA! This meticulously maintained property boasts a well-kept pool with security alarms on sliding doors and garage side entrance, providing peace-of-mind for your beloved children and pets. Enjoy maximum energy efficiency with (33), 300-watt solar panels (103% productivity) and modern comforts like a tankless water heater and insta-hot water. The majestic master suite features a walk-in closet large enough to double as an office. Easy to clean tile and laminated floors flow throughout... no carpets here! Custom shutters enhance the ambiance, while a private sprinkler system provides additional peace of mind. The large, ultra-premium lot includes an easy to maintain desert landscape in front, all-inclusive and completely landscaped in back, a large 10'x10' Storage Tuff Shed, and a 15' strip for RV or boat parking on the South side. With no neighbors on one side thanks to a 75-ft easement, this home offers unmatched privacy for suburban living. Backyard patio equipped with (2) natural gas hookups for a barbecue and fire pit, ideal for entertaining. Make an appointment to tour this move-in-ready gem today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.9
Remaining Loan Term
26 years, 11 months
Monthly PITI
$1,830.47/mo
Estimated Loan Balance
$445,518
Cash to close
$317,906
Interest Paid
$34,587

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central, Whole House Fan
  • Heating: Central, Fireplace(s), Solar w/Backup, Gas, Hot Water, Natural Gas
Features
  • Materials: Stucco, Wall Insulation
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room, Gas Piped
  • Flooring: Simulated Wood, Stone, Tile, Quartz

Exterior

Fencing
  • Fencing: Back Yard, Fenced, Wood, Full
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: Sewer Connected, Public Sewer
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: Built-In, Pool Sweep

Construction

Type & Style
  • Stories: 0
  • Home type: Single Family Residence
  • Architectural Style: Ranch, Contemporary
Materials
  • Stucco, Wall Insulation
  • Roof: Tile
Condition
  • Year Built: 2017
Details
  • Builder: Meritage Homes

Community & HOA

Community
  • Subdivision: Sorrento Village
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Lincoln

Financial Details

  • Price per Sqft: $322.99
  • Tax Annual Amount: $
  • On Market Date: 2025-04-23T21:05:33.000Z
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Savings Calculator

Current cash to close is $317,906 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $317,906!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$371,994
Your Cash$317,906
Total Purchase Price:$689,900

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,664/mo
Traditional @ 7.15%
$2,800/mo
You save $1,137/month ($13,640/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 225033203

Listing From: MLS Metrolist

Last updated: 2025-04-24T14:55:29.000Z

© , MLS Metrolist. 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

2.9%
7.15%

Principal & Interest

$1,664 /mo
$2,700 /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 $317,906 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $317,906!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$371,994
Your Cash$317,906
Total Purchase Price:$689,900

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,664/mo
Traditional @ 7.15%
$2,800/mo
You save $1,137/month ($13,640/year)

*Secondary financing rates are an estimated value based on input

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HomeSmart
Agent/Broker
Jeanne(Kerry) DavidsonHomeSmart(602) 826-3697kerry@myagent.netMLS BR631128000

© 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 HomeSmart 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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