Laura Jewett

Laura Jewett

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Closed

$575,000

($139,076 down)
FHA

29268 Caravel Drive, Menifee, CA 92585

3
3
2,321 sqft
PITI Monthly
$3,096.21 /mo

Listing courtesy of: Natashia Jefferson, Realty ONE Group West

Assumed Rate

3.08%
7.15%

Principal & Interest

$1,999 /mo
$3,170 /mo

What's Special

SHOPPING
SPACIOUS
MODERN
SOAKING TUB
CUL-DE-SAC

SELLER MOTIVATED! Welcome to this beautiful Heritage Lake community! Heritage Lake offers the best resort lifestyle with a private lake and club facility with lots of amenities. This well maintained 3 bedroom 3 bath single story family home is nestled in a peaceful neighborhood located on a cul-de-sac. This home offers a bright, open floor plan with a spacious living area, perfect for family gatherings or entertaining. The kitchen is equipped with modern appliances, sleek countertops, and ample cabinetry, ideal for the home chef. The primary suite located downstairs features a luxurious en-suite bathroom with dual vanities, a soaking tub, and a walk-in shower. There is a bedroom and full bathroom downstairs. Upstairs there is a large bonus room perfect for an office space. Step outside to a large backyard, perfect for outdoor activities, barbecues, or simply relaxing in your own private space. Waiting for you to create your own dream backyard! The property is close to top-rated schools, shopping centers, and parks, providing both convenience and tranquility. With easy freeway access, you'll enjoy the best of suburban living while staying connected to everything Southern California has to offer. DON’T MISS THIS OPPORTUNITY!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.08
Remaining Loan Term
26 years, 2 months
Monthly PITI
$3,096.21/mo
Estimated Loan Balance
$485,118
Cash to close
$139,076
Interest Paid
$53,222

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • 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: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None, Association

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2021
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Fishing, Hiking, Lake, Mountainous, Park, Sidewalks, WaterSports
HOA
  • Has HOA: Yes
  • HOA Name: Heritage Lake
  • HOA Amenities: Unknown
  • HOA Fee: $76
  • HOA Frequency: $Monthly
Location
  • Region: Menifee

Financial Details

  • Price per Sqft: $247.74
  • Tax Annual Amount: $7187.5
  • On Market Date: 2024-09-19T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $139,076 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $139,076!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$435,924
Your Cash$139,076
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,999/mo
Traditional @ 7.5%
$3,288/mo
You save $1,289/month ($15,469/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG24195274

Listing From:

Last updated: 2024-10-28T12:15:23.000Z

© , 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

3.08%
7.15%

Principal & Interest

$1,999 /mo
$3,170 /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 $139,076 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $139,076!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$435,924
Your Cash$139,076
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,999/mo
Traditional @ 7.5%
$3,288/mo
You save $1,289/month ($15,469/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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