Laura Jewett

Laura Jewett

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Closed

$560,000

($51,450 down)
FHA

29173 Black Oak, Lake Elsinore, CA 92530

3
2
1,520 sqft
PITI Monthly
$2,933.77 /mo

Listing courtesy of: Armando Veliz Jr., Oscar Tortola Group Real Estate Services

Assumed Rate

3.45%
7.15%

Principal & Interest

$2,388 /mo
$3,614 /mo

What's Special

SHOPPING
ENTERTAINMENT
MODERN
STAINLESS STEEL APPLIANCES
SOLAR PANELS

Welcome to 29173 Black Oak, Lake Elsinore, CA 92530—a beautifully maintained home that perfectly blends eco-friendly features with modern comforts. This residence boasts solar panels, providing significant energy savings and sustainability. The exterior is adorned with artificial turf in both the front and backyard, ensuring low maintenance and year-round greenery. The backyard is specially designed for pet owners, featuring dog-rated turf and string lights, creating a perfect setting for evening gatherings and outdoor entertainment. Inside, you'll find a contemporary kitchen equipped with stainless steel appliances, including a dishwasher, stove, and microwave. The whole home is hardwired with CAT5e ethernet to keep your home network moving as quick as possible. The wood-like tile flooring throughout the home adds a touch of elegance and durability, while shutters on all windows provide both style and privacy. The upgraded LED lighting enhances the ambiance, making each room feel bright and inviting. Additional features include a whole house fan for optimal air circulation, a two-car garage with overhead storage, and tankless water heater for on demand hot water with out wasting energy. This home is not only stylish but also highly functional, offering a perfect blend of comfort and convenience. Located in a tranquil neighborhood, this property is close to local amenities, schools, parks, and shopping centers. The HOA includes 2 splash pads, 3 Pocket Parks, Fire Pits, and Outdoor BBQ areas. Not to mention the quarterly events that are hosted throughout the parks ranging from movies in the park, pop up markets, to fun in the sun and shaved ice events! Don’t miss the chance to own this stunning, eco-conscious home in the heart of Lake Elsinore.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.45
Remaining Loan Term
26 years, 11 months
Monthly PITI
$2,933.77/mo
Estimated Loan Balance
$509,473
Cash to close
$51,450
Interest Paid
$55,242

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir, WholeHouseFan
  • Heating: Central
Features
  • Materials: Flagstone
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Block, 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
  • Flagstone
  • Roof: Tile
Condition
  • Year Built: 2016
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Gutters, StormDrains, StreetLights, Suburban, Sidewalks, Pool
HOA
  • Has HOA: Yes
  • HOA Name: Summerly HOA
  • HOA Amenities: Unknown
  • HOA Fee: $122
  • HOA Frequency: $Monthly
Location
  • Region: Lake Elsinore

Financial Details

  • Price per Sqft: $368.42
  • Tax Annual Amount: $
  • On Market Date: 2024-06-29T00:00:00.000Z
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 $51,450 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $51,450!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$508,550
Your Cash$51,450
Total Purchase Price:$560,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$2,388/mo
Traditional @ 7.5%
$3,749/mo
You save $1,361/month ($16,332/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG24129580

Listing From:

Last updated: 2024-12-19T05:51:26.000Z

© , 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

$2,388 /mo
$3,614 /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 $51,450 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $51,450!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$508,550
Your Cash$51,450
Total Purchase Price:$560,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$2,388/mo
Traditional @ 7.5%
$3,749/mo
You save $1,361/month ($16,332/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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