Laura Jewett

Laura Jewett

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Closed

$699,999

($204,753 down)
VA

29204 Gateway Drive, Lake Elsinore, CA 92530

5
3
2,345 sqft
PITI Monthly
$3,234.06 /mo

Listing courtesy of: Christopher Pierce, Rise Realty

Assumed Rate

3.45%
7.15%

Principal & Interest

$2,338 /mo
$3,539 /mo

What's Special

SHOPPING
SPACIOUS
PRIVATE BACKYARD
QUIET NEIGHBORHOOD

Stunning Views in Lake Elsinore! Welcome to this gorgeous two-story home in the desirable Shore Pointe community. Perched on a hill, it boasts breathtaking panoramic views of the lake and mountains. With five spacious bedrooms, a loft, and three bathrooms, this residence is ideal for families or entertaining guests. As you approach, you’ll appreciate the vibrant curb appeal enhanced by newly installed low-maintenance landscaping. Plus, enjoy the benefits of PAID-OFF SOLAR and a Tesla car charger. Step outside to your private backyard oasis, perfect for summer barbecues, peaceful evenings, and star-gazing nights. Nestled in a quiet neighborhood, this home offers convenient access to local parks, schools, shopping, and major highways like Highway 74 and the 15 freeway. Experience the perfect blend of comfort and convenience in this inviting home!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.45
Remaining Loan Term
26 years, 11 months
Monthly PITI
$3,234.06/mo
Estimated Loan Balance
$530,720
Cash to close
$204,753
Interest Paid
$54,093

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
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: None

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 2009
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Curbs, DogPark, Foothills, Hiking, Mountainous, Park, StormDrains, StreetLights, Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name: Shore Pointe
  • HOA Amenities: Unknown
  • HOA Fee: $130
  • HOA Frequency: $Monthly
Location
  • Region: Lake Elsinore

Financial Details

  • Price per Sqft: $298.51
  • Tax Annual Amount: $8749.99
  • On Market Date: 2024-11-15T00:00:00.000Z
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 $204,753 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $204,753!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$495,246
Your Cash$204,753
Total Purchase Price:$699,999

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$2,338/mo
Traditional @ 7.5%
$3,671/mo
You save $1,333/month ($15,992/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24224909

Listing From:

Last updated: 2024-12-05T05:29:38.000Z

© , 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

$2,338 /mo
$3,539 /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 $204,753 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $204,753!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$495,246
Your Cash$204,753
Total Purchase Price:$699,999

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$2,338/mo
Traditional @ 7.5%
$3,671/mo
You save $1,333/month ($15,992/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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