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Pending
Pending

$699,999

($635,068 down)
FHA

586 S Melrose Street, Anaheim, CA 92805

3
2
1,503 sqft
PITI Monthly
$599.63 /mo

Listing courtesy of: Daniela Rodriguez-Torres, Circle Real Estate

Assumed Rate

3.71%
7.15%

Principal & Interest

$375 /mo
$550 /mo
$27,121 in interest paid off

What's Special

SPACIOUS
WALK-IN CLOSET
MASTER SUITE
LANDSCAPED
CLUBHOUSE
FITNESS CENTER
Welcome to 586 S Melrose St, a 3-bedroom, 2-bathroom townhome in the highly sought-after Colony Park community. Built in 2011, this 1,503 sq. ft.
home offers a open floor plan, a spacious living area, and a well-appointed kitchen. The master suite includes a walk-in closet and an en-suite
bathroom. Colony Park’s low association dues provide access to an array of amenities including 3 pools, 2 spas, 3 clubhouses, BBQ areas, fire pits, a
fitness center, dog park, and beautifully landscaped grounds. The community is just a few blocks from the popular Anaheim Packing Hous... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.71
Remaining Loan Term
20 years, 0 months
Monthly PITI
$599.63/mo
Estimated Loan Balance
$72,555
Cash to close
$635,068
Interest Paid
$27,121

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Community, Association

Construction

Type & Style
  • Stories: 2
  • Home type: Townhouse
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2011
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: DogPark, Park, StreetLights, Sidewalks, Pool
HOA
  • Has HOA: Yes
  • HOA Name: Colony Park
  • HOA Amenities: Unknown
  • HOA Fee: $250
  • HOA Frequency: $Monthly
Location
  • Region: Anaheim

Financial Details

  • Price per Sqft: $465.73
  • Tax Annual Amount: $
  • On Market Date: Aug 08, 2024
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Savings Calculator

Current cash to close is $635,068 (91%)
You can enter any amount below - secondary financing will cover the difference if needed.
91%
$
0%20%50%

You cover the entire equity of $635,068!

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

Loan Breakdown

Assumed Mortgage3.71% Sellers Rate
$64,931
Your Cash:$635,068
Total Purchase Price:$699,999

Assumed vs Traditional Mortgage

Assumed @ 3.71%
$375/mo
Traditional @ 7.15%
$571/mo
You save $195/month ($2,343/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW24155111

Listing From:

Last updated: Sep 18, 2024 08:21pm

© 2025, 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

3.71%
7.15%

Principal & Interest

$375 /mo
$550 /mo
$27,121 in interest paid off
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 $635,068 (91%)
You can enter any amount below - secondary financing will cover the difference if needed.
91%
$
0%20%50%

You cover the entire equity of $635,068!

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

Loan Breakdown

Assumed Mortgage3.71% Sellers Rate
$64,931
Your Cash:$635,068
Total Purchase Price:$699,999

Assumed vs Traditional Mortgage

Assumed @ 3.71%
$375/mo
Traditional @ 7.15%
$571/mo
You save $195/month ($2,343/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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