Laura Jewett

Laura Jewett

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Closed

$480,000

($167 down)
FHA

1340 Roger Street, Lake Elsinore, CA 92530

3
2
2,072 sqft
PITI Monthly
$3,492.68 /mo

Listing courtesy of: Jesse Galvan, Nest Real Estate

Assumed Rate

6.11%
7.15%

Principal & Interest

$2,978 /mo
$3,316 /mo

What's Special

SHOPPING
SPACIOUS
MODERN
WALK-IN CLOSET
COZY

Welcome to your new home in the beautiful city of Lake Elsinore! This cozy three-bedroom, two-bathroom, two-story home is perfectly located on a spacious corner lot off Diamond Drive. Tucked away on a quiet street, this home offers a great sense of privacy while being close to everything you need. Inside, you’ll love the open layout that connects the updated kitchen to the living room—great for family time or entertaining guests. The kitchen has been updated in recent years with modern touches, offering plenty of space to cook and gather. The bedrooms are all a good size, and the master bedroom features a large walk-in closet for extra storage. The big lot gives you plenty of room for parking, including extra space on a nearby dirt road for more vehicles, RVs, or toys. The backyard is perfect for relaxing or creating your outdoor hangout spot. Conveniently located near Starbucks, restaurants, and shopping, this home has the perfect mix of privacy and easy access to everything. Don’t miss out on this great home in the heart of Lake Elsinore—schedule your visit today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.11
Remaining Loan Term
27 years, 8 months
Monthly PITI
$3,492.68/mo
Estimated Loan Balance
$519,502
Cash to close
$167
Interest Paid
$69,029

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: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1984
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Rural, StreetLights
HOA
  • Has HOA: No
Location
  • Region: Lake Elsinore

Financial Details

  • Price per Sqft: $231.66
  • Tax Annual Amount: $6000
  • On Market Date: 2024-09-16T00:00:00.000Z
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 $167 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $167!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$479,833
Your Cash$167
Total Purchase Price:$480,000

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$2,978/mo
Traditional @ 7.5%
$3,439/mo
You save $461/month ($5,535/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG24192190

Listing From:

Last updated: 2025-02-20T19:33:27.000Z

© , 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

6.11%
7.15%

Principal & Interest

$2,978 /mo
$3,316 /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 $167 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $167!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$479,833
Your Cash$167
Total Purchase Price:$480,000

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$2,978/mo
Traditional @ 7.5%
$3,439/mo
You save $461/month ($5,535/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© 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 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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