Laura Jewett

Laura Jewett

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Closed

$474,990

($56,864 down)
FHA

28850 Avenida De Las Flores, Menifee, CA 92587

3
1
1,137 sqft
PITI Monthly
$3,396.8 /mo

Listing courtesy of: Jensen Kierulff, Blue Jay Realty

Assumed Rate

7.44%
7.15%

Principal & Interest

$2,931 /mo
$2,848 /mo

What's Special

REMODELED
SPACIOUS
BREAKFAST NOOK
DECK
PATIO
CHARMING
COZY
NO HOA
AFFORDABLE
TURNKEY

Charming and upgraded 3 bedroom 1 bathroom single story family home on 1/2 acre exuding pride of ownership. This well-maintained ranch style home sits on a well-manicured and usable lot complete with horseshoe pits, fire pit, jacuzzi tub, chicken coop, turf, gated pull-thorugh RV & boat parking, with room to add more. The home greets you with a custom stair entry leading you into the cozy and remodeled family residence. Upon first entry, a wood burning stove located in the spacious living room sets the tone. Connected, a charming country style kitchen with range, hood, country style upper shelving, and area for a breakfast nook. The 3 comfortable bedrooms share a full bathroom with shower, bath and spacious vanity. Towards the rear of the home, a large laundry and utility room with storage, AND additional room with vanity and plumbing, ready for a simple conversion into a 2nd bathroom, also doubling as a mud room. Through the rear door of the home, step out onto you own private deck and entertaining area with a sunken jacuzzi tub, and sunshades giving you the feeling of your very own restaurant patio lounge area. Located in the Northern Hills of Menifee, just minutes from the Canyon Lake and Menifees town square amenities, and centrally located between the 15 and 215 fwys, this home with VERY LOW taxes, no HOA, being turnkey, will be a bullseye for everything you can ask for in a well-priced, affordable-friendly property and is a MUST SEE.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.44
Remaining Loan Term
28 years, 9 months
Monthly PITI
$3,396.8/mo
Estimated Loan Balance
$419,790
Cash to close
$56,864
Interest Paid
$39,008

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom, WoodBurning
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: ChainLink, GoodCondition, Vinyl, Wood
Roof
  • Roof: Asphalt, Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTank
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Cottage, Ranch
Materials
  • Stucco
  • Roof: Asphalt, Shingle
Condition
  • Year Built: 1950
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Valley
HOA
  • Has HOA: No
Location
  • Region: Menifee

Financial Details

  • Price per Sqft: $417.76
  • Tax Annual Amount: $
  • On Market Date: 2024-11-20T00:00:00.000Z
Inquire about this property

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Savings Calculator

Current cash to close is $56,864 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $56,864!

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

Loan Breakdown

Assumed Mortgage7.44% Sellers Rate
$418,126
Your Cash$56,864
Total Purchase Price:$474,990

Assumed vs Traditional Mortgage

Assumed @ 7.44%
$2,931/mo
Traditional @ 7.5%
$2,955/mo
You save $23/month ($277/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24237208

Listing From:

Last updated: 2025-01-14T01:08:23.000Z

© , 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

7.44%
7.15%

Principal & Interest

$2,931 /mo
$2,848 /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 $56,864 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $56,864!

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

Loan Breakdown

Assumed Mortgage7.44% Sellers Rate
$418,126
Your Cash$56,864
Total Purchase Price:$474,990

Assumed vs Traditional Mortgage

Assumed @ 7.44%
$2,931/mo
Traditional @ 7.5%
$2,955/mo
You save $23/month ($277/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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