Laura Jewett

Laura Jewett

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Closed

$675,000

($187,364 down)
VA

29829 Olympic Drive, Menifee, CA 92585

5
3
3,106 sqft
PITI Monthly
$2,464.9 /mo

Listing courtesy of: Susan Johnson, Y Realty

Assumed Rate

3.45%
7.15%

Principal & Interest

$2,298 /mo
$3,478 /mo

What's Special

LOCATION
SERENE
SHOPPING
DINING
SPACIOUS
STAINLESS STEEL APPLIANCES
FIREPLACE
COMMUNITY POOL
PLAYGROUND
WATERFRONT
MOUNTAIN VIEWS
CHARMING
COZY

Welcome to 29829 Olympic Dr, located in the highly sought-after Heritage Lakes community of Menifee! This stunning residence offers a spacious and thoughtfully designed floorplan with 5 bedrooms, plus a bonus loft, dining room and a large great room featuring a cozy fireplace—ideal for family gatherings or entertaining guests. The gourmet kitchen is a chef’s dream, boasting a center island, stainless steel appliances, a double oven, large pantry and a charming farmhouse sink. Outside, the expansive backyard awaits your personal touch, offering plenty of room to create your custom oasis. This home also includes solar for energy efficiency, a 3-car tandem garage and is surrounded by resort-style amenities that make Heritage Lakes a true gem. Enjoy a 25-acre lake with a scenic 1.3-mile walking trail, two community pools (including a waterfront Jr. Olympic-sized pool) and a splash pad. Heritage Lakes residents have exclusive access to paddle boating and catch-and-release fishing, as well as a sports park with facilities for baseball, basketball, tennis, pickleball, and soccer. The community is dotted with parks, playgrounds, walking and biking trails, and a beautiful community center, with regular security patrols for peace of mind. Heritage Lakes prime location offers easy access to the 215 Freeway, nearby shopping centers, dining, and the area’s elementary and middle schools. The serene setting, enhanced by mountain views, is just 20 minutes from Temecula Wine Country and close to Menifee's vibrant city developments. Don’t miss this exceptional opportunity to experience the incredible lifestyle at Heritage Lake! Contact me today to schedule your viewing and make this beautiful property your new home. Community Photos coming soon.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.45
Remaining Loan Term
26 years, 11 months
Monthly PITI
$2,464.9/mo
Estimated Loan Balance
$515,000
Cash to close
$187,364
Interest Paid
$53,164

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
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: 3
  • 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: 2019
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Fishing, Lake, Park, StreetLights, Sidewalks, Pool
HOA
  • Has HOA: Yes
  • HOA Name: Heritage Lakes HOA
  • HOA Amenities: Unknown
  • HOA Fee: $77
  • HOA Frequency: $Monthly
Location
  • Region: Menifee

Financial Details

  • Price per Sqft: $217.32
  • Tax Annual Amount: $
  • On Market Date: 2024-11-08T00:00:00.000Z
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 $187,364 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $187,364!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$487,636
Your Cash$187,364
Total Purchase Price:$675,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$2,298/mo
Traditional @ 7.5%
$3,608/mo
You save $1,310/month ($15,717/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24230396

Listing From:

Last updated: 2024-12-14T00:20:19.000Z

© , 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

$2,298 /mo
$3,478 /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 $187,364 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $187,364!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$487,636
Your Cash$187,364
Total Purchase Price:$675,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$2,298/mo
Traditional @ 7.5%
$3,608/mo
You save $1,310/month ($15,717/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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