Laura Jewett

Laura Jewett

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Pending

$595,000

($194,900 down)
FHA

16495 Stevens Avenue, Lake Elsinore, CA 92530

3
3
1,773 sqft
PITI Monthly
$2,923.21 /mo

Listing courtesy of: Crissy Thompson, ACE Realty, Inc.

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,828 /mo
$2,951 /mo

What's Special

REMODELED
LUXURY
BALCONY

ASSUMABLE HOME LOAN 2.75 INTEREST RATE! Loan being assumed will take up to 90 days. Welcome to a beautiful home sitting on the top of the hill overlooking the gorgeous view of the lake and mountains! This home features three bedrooms, two and a half baths, a two car garage with epoxy flooring as well as a big backyard and front yard. Take a step inside and check out the beautiful luxury laminate flooring throughout the home. The kitchen is newly remodeled with white shaker cabinets, new quarts countertops and all new appliances! The bedrooms all have new carpet. This home features a great size backyard complete with great shade trees a garden bed ready for your plants and a shed. The front yard has plenty space for parking your boats, cars and even space for an RV! Don't forget the master bedroom with a beautiful balcony overlooking the lake where you can relax and enjoy a cup of coffee and enjoy the beautiful sunsets!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 6 months
Monthly PITI
$2,923.21/mo
Estimated Loan Balance
$400,946
Cash to close
$194,900
Interest Paid
$55,035

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Vinyl

Exterior

Fencing
  • Fencing: Wood, WroughtIron
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTypeUnknown
  • 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: 2005
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, DogPark, Fishing, Golf, Hiking, HorseTrails, Lake, Park, Rural, WaterSports
HOA
  • Has HOA: No
Location
  • Region: Lake Elsinore

Financial Details

  • Price per Sqft: $335.59
  • Tax Annual Amount: $7437.5
  • On Market Date: 2024-04-19T00:00:00.000Z
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 $194,900 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $194,900!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$400,100
Your Cash$194,900
Total Purchase Price:$595,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,828/mo
Traditional @ 7.5%
$3,061/mo
You save $1,233/month ($14,797/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24078200

Listing From:

Last updated: 2025-01-22T02:24:42.000Z

© , 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

2.94%
7.15%

Principal & Interest

$1,828 /mo
$2,951 /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 $194,900 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $194,900!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$400,100
Your Cash$194,900
Total Purchase Price:$595,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,828/mo
Traditional @ 7.5%
$3,061/mo
You save $1,233/month ($14,797/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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