Laura Jewett

Laura Jewett

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Pending

$599,900

($265,750 down)
FHA

29554 Mascot, Lake Elsinore, CA 92530

3
3
2,049 sqft
PITI Monthly
$2,564.47 /mo

Listing courtesy of: Chris Caldwell, Oscar Tortola Group Real Estate Services

Assumed Rate

3.1%
7.15%

Principal & Interest

$1,521 /mo
$2,405 /mo

What's Special

SHOPPING
DINING
SPACIOUS
STAINLESS STEEL APPLIANCES
HOME OFFICE
WALKING TRAILS
CHARMING
COZY

*Pending cancellation of current escrow* Charming 3-Bedroom Home with Loft in Summerly! Welcome to 29554 Mascot, a beautifully designed 3-bedroom, 2-bathroom home in the sought-after Summerly community of Lake Elsinore. With 2,049 sq. ft. of well-appointed living space, this home offers a perfect blend of style, comfort, and functionality. Step inside to find vinyl wood-like flooring that enhances the home’s warm and inviting atmosphere. The open floor plan seamlessly connects the kitchen, dining, and living areas, making it ideal for entertaining. The kitchen features white cabinets, stainless steel appliances, and ample counter space to inspire your inner chef. A formal living room or sitting area provides additional flexibility, while the spacious loft upstairs can serve as a media room, home office, or play area. The California sunroom extends your living space, offering a cozy retreat to enjoy year-round. Outside, the large, pool-sized backyard is ready for your personal touch—perfect for entertaining, gardening, or creating your dream outdoor oasis. Plus, with payed off owned solar, you’ll enjoy energy efficiency and savings. Located in the vibrant Summerly community, this home offers access to fantastic amenities, including parks, pools, and walking trails, all while being close to schools, shopping, and freeway access. Don’t miss this incredible opportunity—schedule a showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.1
Remaining Loan Term
27 years, 1 months
Monthly PITI
$2,564.47/mo
Estimated Loan Balance
$339,991
Cash to close
$265,750
Interest Paid
$31,249

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: Community, Association

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2013
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $292.78
  • Tax Annual Amount: $7498.75
  • On Market Date: 2025-03-10T00:00:00.000Z
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 $265,750 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $265,750!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$334,150
Your Cash$265,750
Total Purchase Price:$599,900

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$1,521/mo
Traditional @ 7.5%
$2,495/mo
You save $974/month ($11,691/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG25052891

Listing From:

Last updated: 2025-04-02T03:08:29.000Z

© , 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

3.1%
7.15%

Principal & Interest

$1,521 /mo
$2,405 /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 $265,750 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $265,750!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$334,150
Your Cash$265,750
Total Purchase Price:$599,900

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$1,521/mo
Traditional @ 7.5%
$2,495/mo
You save $974/month ($11,691/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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