Description
Buy this home outright for $1,649,000, or with just $17,488 down vs $329,800 through Jubilees Joint Purchase Program You purchase the house, Jubilee purchases the land and then leases it to you. Your total monthly cost (mortgage + ground rent) is comparable to a traditional mortgage, and you can buy the land at any time within 99 years. This updated 5BD/2BA Outer Parkside home offers a versatile lifestyle. Enjoy two full levels, each with a remodeled kitchen/wet bar, quartz counters, and LVP flooring perfect for multi-gen or income. Find privacy downstairs, and gather upstairs. Relax on the backyard deck with a firepit. Just blocks from Ocean Beach, SF Zoo, Muni, and top 9/10 schools. A convenient, nature-filled retreat! Estimated initial ground rent is $6,609/month, and increases annually with CPI. Buyout price based on greater of initial investment and propertys fair market value. Mortgage: Assumes 30-year FHA $482K mortgage with $12,139 monthly payment (7.65% APR). Terms vary based on program eligibility.
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5BEDS
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0.05ACRES
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2BATHS
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01/2 BATHS
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1,700SQFT
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$970$/SQFT
School Ratings & Info
Listing provided courtesy of Barbz Ratcliffe of BRG Realty: 408-646-7050.
Description
Buy this home outright for $1,649,000, or with just $17,488 down vs $329,800 through Jubilees Joint Purchase Program You purchase the house, Jubilee purchases the land and then leases it to you. Your total monthly cost (mortgage + ground rent) is comparable to a traditional mortgage, and you can buy the land at any time within 99 years. This updated 5BD/2BA Outer Parkside home offers a versatile lifestyle. Enjoy two full levels, each with a remodeled kitchen/wet bar, quartz counters, and LVP flooring perfect for multi-gen or income. Find privacy downstairs, and gather upstairs. Relax on the backyard deck with a firepit. Just blocks from Ocean Beach, SF Zoo, Muni, and top 9/10 schools. A convenient, nature-filled retreat! Estimated initial ground rent is $6,609/month, and increases annually with CPI. Buyout price based on greater of initial investment and propertys fair market value. Mortgage: Assumes 30-year FHA $482K mortgage with $12,139 monthly payment (7.65% APR). Terms vary based on program eligibility.
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