Laura Jewett

Laura Jewett

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Closed

$435,000

($223,000 down)
FHA

26307 Potomac Drive, Menifee, CA 92586

2
2
1,417 sqft
PITI Monthly
$1,328.85 /mo

Listing courtesy of: Denise Hernandez, Coldwell Banker Assoc Brkr-SC

Assumed Rate

3.23%
7.15%

Principal & Interest

$1,013 /mo
$1,577 /mo

What's Special

DINING
SPACIOUS
BREAKFAST NOOK
WALK-IN CLOSET
PATIO
COZY
SOLAR PANELS

This bright and airy 2-bedroom, 2-bathroom home offers 1,417 square feet of comfortable living space, featuring a formal dining area, a cozy breakfast nook, and a spacious primary bedroom with a walk-in closet. The secondary bedroom is also generously sized. A handy office nook off the laundry room is perfect for managing tasks or hobbies. Enjoy low-maintenance desert landscaping in the front yard and lush AstroTurf in the backyard, ideal for relaxation. The shaded patio, backyard has direct access to the scenic Salt Creek Trail, and RV parking is available on the side. Leased Solar panels add energy efficiency. Located in the sought-after 55+ Creekside community.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.23
Remaining Loan Term
25 years, 3 months
Monthly PITI
$1,328.85/mo
Estimated Loan Balance
$213,759
Cash to close
$223,000
Interest Paid
$34,080

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: SpanishTile
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: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: SpanishTile
Condition
  • Year Built: 1989
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, StreetLights
HOA
  • Has HOA: No
Location
  • Region: Menifee

Financial Details

  • Price per Sqft: $306.99
  • Tax Annual Amount: $5437.5
  • On Market Date: 2024-11-13T00:00:00.000Z
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 $223,000 (51%)
You can enter any amount below - secondary financing will cover the difference if needed.
51%
$

You cover the entire equity of $223,000!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$212,000
Your Cash:$223,000
Total Purchase Price:$435,000

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$1,013/mo
Traditional @ 7.5%
$1,636/mo
You save $622/month ($7,465/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24227426

Listing From:

Last updated: 2025-01-22T21:13:36.000Z

© , 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

3.23%
7.15%

Principal & Interest

$1,013 /mo
$1,577 /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 $223,000 (51%)
You can enter any amount below - secondary financing will cover the difference if needed.
51%
$

You cover the entire equity of $223,000!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$212,000
Your Cash:$223,000
Total Purchase Price:$435,000

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$1,013/mo
Traditional @ 7.5%
$1,636/mo
You save $622/month ($7,465/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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