Laura Jewett

Laura Jewett

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Pending

$299,000

($258,870 down)
FHA

29167 Prestwick Road, Menifee, CA 92586

2
2
1,098 sqft
PITI Monthly
$525.6 /mo

Listing courtesy of: Sari Ward, First Team Real Estate

Assumed Rate

5.5%
7.15%

Principal & Interest

$334 /mo
$397 /mo

What's Special

LOCATION
SHOPPING
SPACIOUS
MODERN
LUXURY
CHARMING

CHARMING SINGLE STORY 55+ HOME ON AN EXPANSIVE LOT WITH LARGE FLAT COVERED PARKING AREA. This 2bed/ 2ba home is very spacious and has a large enclosed sunroom/bonus room that invites natural light & adds versatility to the living space. Recent upgrades include new interior paint, some new flooring (luxury vinyl and carpet), painted kitchen cabinets, & new, modern hardware. The kitchen looks out to the fenced backyard ideal for outdoor gatherings and relaxing. LOW TAX AREA /LOW HOA Sun City Civic Association 2 pools, gym, shuffleboard, lawn bowling, billiard & card room, workshop. Great location near new shopping center, banks, doctors, hospitals & golf course + easy access to the freeway.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.5
Remaining Loan Term
14 years, 3 months
Monthly PITI
$525.6/mo
Estimated Loan Balance
$44,159
Cash to close
$258,870
Interest Paid
$43,826

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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: Unknown
Condition
  • Year Built: 1964
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Suburban, Sidewalks, Pool
HOA
  • Has HOA: Yes
  • HOA Name: Sun City
  • HOA Amenities: Unknown
  • HOA Fee: $33
  • HOA Frequency: $Monthly
Location
  • Region: Menifee

Financial Details

  • Price per Sqft: $272.31
  • Tax Annual Amount: $3737.5
  • On Market Date: 2024-12-20T00:00:00.000Z
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 $258,870 (87%)
You can enter any amount below - secondary financing will cover the difference if needed.
87%
$

You cover the entire equity of $258,870!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$40,130
Your Cash:$258,870
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$334/mo
Traditional @ 7.5%
$412/mo
You save $78/month ($937/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC24251847

Listing From:

Last updated: 2025-03-05T01:25:10.000Z

© , 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

5.5%
7.15%

Principal & Interest

$334 /mo
$397 /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 $258,870 (87%)
You can enter any amount below - secondary financing will cover the difference if needed.
87%
$

You cover the entire equity of $258,870!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$40,130
Your Cash:$258,870
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$334/mo
Traditional @ 7.5%
$412/mo
You save $78/month ($937/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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