Laura Jewett

Laura Jewett

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Closed

$575,000

($205,935 down)
FHA

29153 Soraya, Lake Elsinore, CA 92530

4
3
1,778 sqft
PITI Monthly
$2,089.74 /mo

Listing courtesy of: Shane Davidson, Legacy Finance and Realty Inc.

Assumed Rate

2.68%
7.15%

Principal & Interest

$1,637 /mo
$2,732 /mo

What's Special

MODERN
PRIVATE BACKYARD
COMMUNITY POOL
CLUBHOUSE

Located in the beautiful community of Summerly in Lake Elsinore is this EXTREMELY RARE GEM! This exquisite 4 bedroom, 3 bathroom home was constructed on a "premium lot", per the builder. The "open-flow" floorplan generously lends itself to entertaining friends and family for all occasions. It's nestled in a community thriving with friendly neighbors, lots of children, and pet-lovers alike. Additionally, this amazing home is waiting for your family to take advantage of the private backyard's incredible views, including unmatched sunsets and wildlife. Not only does it boast unparalleled privacy, as there are no homes behind it, there's a modern park less than 100 yards away. The HOA amenities include community pools, splash pads, a basketball court, a clubhouse, and more! It has water views from both the backyard and master bedroom, and is adjacent to Lake Elsinore. Ring in the New Year enjoying all the comfort and beauty this home has to offer!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.68
Remaining Loan Term
25 years, 10 months
Monthly PITI
$2,089.74/mo
Estimated Loan Balance
$393,742
Cash to close
$205,935
Interest Paid
$43,094

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • 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: 2020
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Curbs, Hiking, Lake, StreetLights, Suburban, Sidewalks, WaterSports, Park
HOA
  • Has HOA: Yes
  • HOA Name: Summerly Community Association
  • HOA Amenities: Unknown
  • HOA Fee: $118
  • HOA Frequency: $Monthly
Location
  • Region: Lake Elsinore

Financial Details

  • Price per Sqft: $323.4
  • Tax Annual Amount: $7187.5
  • On Market Date: 2024-12-09T00:00:00.000Z
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 $205,935 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $205,935!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$369,065
Your Cash$205,935
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$1,637/mo
Traditional @ 7.5%
$2,834/mo
You save $1,198/month ($14,371/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC24246987

Listing From:

Last updated: 2025-02-19T13:41:53.000Z

© , 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

2.68%
7.15%

Principal & Interest

$1,637 /mo
$2,732 /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 $205,935 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $205,935!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$369,065
Your Cash$205,935
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$1,637/mo
Traditional @ 7.5%
$2,834/mo
You save $1,198/month ($14,371/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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