Laura Jewett

Laura Jewett

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$615,000

($199,221 down)
FHA

29057 Foghorn Court, Menifee, CA 92585

4
3
2,407 sqft
PITI Monthly
$2,998.25 /mo

Listing courtesy of: Kimberly Rehnquist, Redfin Corporation

Assumed Rate

2.9%
7.15%

Principal & Interest

$1,863 /mo
$3,024 /mo

What's Special

DINING
SPACIOUS
FIREPLACE
PATIO
PLAYGROUND
CUL-DE-SAC
COZY

Beautiful Home in the Desirable Heritage Lake Community. Nestled on a peaceful cul-de-sac in the sought-after Heritage Lake community, this stunning home offers the perfect blend of comfort and functionality. The open layout features a formal living room and dining room, ideal for entertaining or family gatherings. The spacious family room is highlighted by a cozy fireplace, creating a warm and inviting atmosphere. Head outside to the covered patio, perfect for relaxing or hosting outdoor gatherings. Located in a premier neighborhood with access to exceptional amenities including a pool, spa and playground, this home is your opportunity to enjoy both style and community. Schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.9
Remaining Loan Term
26 years, 7 months
Monthly PITI
$2,998.25/mo
Estimated Loan Balance
$640,367
Cash to close
$199,221
Interest Paid
$42,761

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir, Electric, Gas, HeatPump
  • Heating: Central, Electric
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom, Gas
  • Flooring: Carpet, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Association

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, Fishing, Lake, Park
HOA
  • Has HOA: Yes
  • HOA Name: Heritage Lake Community Association
  • HOA Amenities: Unknown
  • HOA Fee: $93
  • HOA Frequency: $Monthly
Location
  • Region: Menifee

Financial Details

  • Price per Sqft: $255.5
  • Tax Annual Amount: $7687.5
  • On Market Date: 2025-01-17T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $199,221 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $199,221!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$415,779
Your Cash$199,221
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,863/mo
Traditional @ 7.5%
$3,137/mo
You save $1,273/month ($15,277/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW25010198

Listing From:

Last updated: 2025-02-07T01:16:13.000Z

© , 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

2.9%
7.15%

Principal & Interest

$1,863 /mo
$3,024 /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 $199,221 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $199,221!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$415,779
Your Cash$199,221
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,863/mo
Traditional @ 7.5%
$3,137/mo
You save $1,273/month ($15,277/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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© 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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