Laura Jewett

Laura Jewett

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Closed

$559,900

($59,706 down)
FHA

24809 Melrose Drive, Menifee, CA 92585

4
3
2,385 sqft
PITI Monthly
$3,580.55 /mo

Listing courtesy of: Alma Moreno, Coldwell Banker Assoc.Brkr-Mur

Assumed Rate

3.76%
7.15%

Principal & Interest

$2,443 /mo
$3,558 /mo

What's Special

WALK-IN CLOSET
PATIO

Take advantage of this price improved price. A Great 4 bedroom home in the city of Menifee. One of the fastest growing cities in Southern California. THIS HOME IS NOT IN A SENIOR COMMUNITY. IT'S LOCATED IN A GROWING BEAUTIFUL FAMILY AREA OF the Pacific Rose community, very close to the 215fwy and not too far from the Perris Metrolink station. The kitchen features a granite counter-top, a large breakfast bar, recessed lighting, stainless-steel appliances, and lots of cabinet space. An upstairs family/master room with closet and its own full bathroom with walk-in closet. The backyard offers easy-care rock landscaping with concrete slab for patio and block-wall/vinyl fencing. Solar is already in place. Don't miss this opportunity to own in the best part of town.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.76
Remaining Loan Term
27 years, 0 months
Monthly PITI
$3,580.55/mo
Estimated Loan Balance
$553,933
Cash to close
$59,706
Interest Paid
$57,804

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Unknown

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: None

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2008
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StreetLights, Suburban, Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name: Pacific Rose
  • HOA Amenities: Unknown
  • HOA Fee: $53
  • HOA Frequency: $Monthly
Location
  • Region: Menifee

Financial Details

  • Price per Sqft: $234.76
  • Tax Annual Amount: $6998.75
  • On Market Date: 2024-12-04T00:00:00.000Z
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 $59,706 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $59,706!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$500,194
Your Cash$59,706
Total Purchase Price:$559,900

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$2,443/mo
Traditional @ 7.5%
$3,691/mo
You save $1,248/month ($14,976/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24243831

Listing From:

Last updated: 2025-02-10T00:03:20.000Z

© , 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

3.76%
7.15%

Principal & Interest

$2,443 /mo
$3,558 /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 $59,706 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $59,706!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$500,194
Your Cash$59,706
Total Purchase Price:$559,900

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$2,443/mo
Traditional @ 7.5%
$3,691/mo
You save $1,248/month ($14,976/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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