Laura Jewett

Laura Jewett

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Closed

$255,000

($47,015 down)
FHA

29228 Murrieta Road, Menifee, CA 92586

2
1
940 sqft
PITI Monthly
$1,893.47 /mo

Listing courtesy of: Amina Yazouri, Onyx Homes

Assumed Rate

6.43%
7.15%

Principal & Interest

$1,328 /mo
$1,429 /mo

What's Special

OPEN CONCEPT
PATIO
CLUBHOUSE
COZY
55+ COMMUNITY

Welcome to the peaceful and lovely 55+ Community of Rancho Del Sol! This community offers a Clubhouse, Pool/Spa and run by a great association where they care about their homeowners' needs. Great opportunity for a newly retired or just 55+. This cozy 2 bedroom 1 bath has an open concept kitchen, great for hosting guests, and a washer/dryer closet located in the patio. A Detached Garage is also included. Lots of public parking as well. Carpet was just cleaned. Looking forward to seeing you there!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.43
Remaining Loan Term
28 years, 3 months
Monthly PITI
$1,893.47/mo
Estimated Loan Balance
$209,243
Cash to close
$47,015
Interest Paid
$23,589

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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: Condominium
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1981
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StreetLights, Sidewalks, Pool
HOA
  • Has HOA: Yes
  • HOA Name: Rancho Del Sol
  • HOA Amenities: Unknown
  • HOA Fee: $320
  • HOA Frequency: $Monthly
Location
  • Region: Menifee

Financial Details

  • Price per Sqft: $271.28
  • Tax Annual Amount: $3187.5
  • On Market Date: 2025-01-16T00:00:00.000Z
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 $47,015 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $47,015!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$207,985
Your Cash$47,015
Total Purchase Price:$255,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$1,328/mo
Traditional @ 7.5%
$1,483/mo
You save $155/month ($1,857/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC25010218

Listing From:

Last updated: 2025-02-08T13:37:36.000Z

© , 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

6.43%
7.15%

Principal & Interest

$1,328 /mo
$1,429 /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 $47,015 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $47,015!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$207,985
Your Cash$47,015
Total Purchase Price:$255,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$1,328/mo
Traditional @ 7.5%
$1,483/mo
You save $155/month ($1,857/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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