Laura Jewett

Laura Jewett

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Closed

$649,900

($327,844 down)
FHA

15071 Heather Lane, Lake Elsinore, CA 92530

5
3
2,806 sqft
PITI Monthly
$1,845.32 /mo

Listing courtesy of: Blake Cory, eXp Realty of California, Inc.

Assumed Rate

3%
7.15%

Principal & Interest

$1,437 /mo
$2,302 /mo

What's Special

LOCATION
DESIRED
DINING
SPACIOUS
LUXURY
FIREPLACE
VAULTED CEILINGS
WALK-IN CLOSET
MASTER SUITE
SOAKING TUB
SEPARATE SHOWER
MOUNTAIN VIEWS
NO HOA

LOW TAX, NO HOA! Welcome to this spacious and elegant retreat in the heart of Lake Elsinore, perfect for those who love the outdoors and need room to grow. With 5 bedrooms and 3 bathrooms, including a convenient main-floor bedroom and bath, this home offers both comfort and functionality. Step into the grand entry with dramatic columns leading to the formal dining room, perfect for hosting special occasions. The kitchen is a chef’s dream, with plenty of cabinet and counter space with ample space to move, flowing seamlessly into the large family room with a stunning stone fireplace. Upstairs, the master suite is a luxurious escape, featuring a dual-sided fireplace, two walk-in closets, vaulted ceilings, and a spa-like bath with a soaking tub, separate shower, and dual vanities. The second floor also includes three additional large bedrooms, two of which share a Jack and Jill bath with separate vanities, providing plenty of space for everyone.Outside, the expansive backyard is a blank canvas with enough room for a pool and already boasts multiple fruit trees. The 3-car garage offers ample storage, and the home’s location less than a mile from the lake means you’ll have easy access to walking, swimming, boating, and fishing. With mountain views and highly desired location, this home perfectly combines luxury and lifestyle. **PAID OFF SOLAR**

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3
Remaining Loan Term
27 years, 1 months
Monthly PITI
$1,845.32/mo
Estimated Loan Balance
$325,193
Cash to close
$327,844
Interest Paid
$28,933

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom, PrimaryBedroom, MultiSided
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • 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: 1989
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $231.61
  • Tax Annual Amount: $8123.75
  • On Market Date: 2024-11-15T00:00:00.000Z
Inquire about this property

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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 $327,844 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $327,844!

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

Loan Breakdown

Assumed Mortgage3% Sellers Rate
$322,056
Your Cash:$327,844
Total Purchase Price:$649,900

Assumed vs Traditional Mortgage

Assumed @ 3%
$1,437/mo
Traditional @ 7.5%
$2,388/mo
You save $951/month ($11,412/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24234725

Listing From:

Last updated: 2025-03-08T02:27:54.000Z

© , 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

3%
7.15%

Principal & Interest

$1,437 /mo
$2,302 /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 $327,844 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $327,844!

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

Loan Breakdown

Assumed Mortgage3% Sellers Rate
$322,056
Your Cash:$327,844
Total Purchase Price:$649,900

Assumed vs Traditional Mortgage

Assumed @ 3%
$1,437/mo
Traditional @ 7.5%
$2,388/mo
You save $951/month ($11,412/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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