Laura Jewett

Laura Jewett

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$499,000

($68,315 down)
FHA

27986 Moonridge Drive, Menifee, CA 92585

3
2
1,207 sqft
PITI Monthly
$3,060.36 /mo

Listing courtesy of: Tyson Robinson, Trillion Real Estate

Assumed Rate

3.45%
7.15%

Principal & Interest

$2,049 /mo
$3,101 /mo

What's Special

LOCATION
SHOPPING
DINING
STAINLESS STEEL APPLIANCES
FIREPLACE
VAULTED CEILINGS
MASTER SUITE
HOME OFFICE
PRIVATE BACKYARD
PLAYGROUND
CONVENIENT LOCATION
CHARMING
COZY
AFFORDABLE

Welcome to 27986 Moonridge Drive, a beautifully updated home in the desirable Hillpointe Community of Menifee, California. This charming 3-bedroom, 2-bathroom residence spans 1,207 sq ft on a low-maintenance 4,356 sq ft lot. As you enter, you’ll be greeted by a bright open-concept living area with vaulted ceilings and a cozy fireplace. The updated kitchen features white cabinetry, stainless steel appliances, and upgraded countertops, perfect for culinary endeavors. The master suite offers a private retreat with an en-suite bathroom, while two additional bedrooms provide ample space for family, guests, or a home office. Sliding glass doors lead to a private backyard, creating a seamless indoor-outdoor living experience. Residents of the Hillpointe Community enjoy amenities such as a sparkling pool, spa, playground, and sports court, all for a reasonable HOA fee per month. With low taxes and a convenient location near shopping, dining, and major commuter routes, this home is an excellent opportunity for comfortable and affordable living in Menifee. Don’t miss the chance to make this delightful property your own!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.45
Remaining Loan Term
26 years, 11 months
Monthly PITI
$3,060.36/mo
Estimated Loan Balance
$434,724
Cash to close
$68,315
Interest Paid
$47,393

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom, SeeRemarks
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Brick, Wood
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Community, Association

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 1989
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Curbs, Gutters, StormDrains, StreetLights, Suburban, Sidewalks, Pool
HOA
  • Has HOA: Yes
  • HOA Name: Hillpointe
  • HOA Amenities: Unknown
  • HOA Fee: $95
  • HOA Frequency: $Monthly
Location
  • Region: Menifee

Financial Details

  • Price per Sqft: $413.42
  • Tax Annual Amount: $6237.5
  • On Market Date: 2025-03-26T00:00:00.000Z
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 $68,315 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $68,315!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$430,685
Your Cash$68,315
Total Purchase Price:$499,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$2,049/mo
Traditional @ 7.5%
$3,216/mo
You save $1,168/month ($14,011/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW25062133

Listing From:

Last updated: 2025-03-31T21:25:02.000Z

© , 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

3.45%
7.15%

Principal & Interest

$2,049 /mo
$3,101 /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 $68,315 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $68,315!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$430,685
Your Cash$68,315
Total Purchase Price:$499,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$2,049/mo
Traditional @ 7.5%
$3,216/mo
You save $1,168/month ($14,011/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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