Laura Jewett

Laura Jewett

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Closed

$599,999

($162,739 down)
VA

29983 Penn St, Menifee, CA 92585

4
3
2,208 sqft
PITI Monthly
$2,738.85 /mo

Listing courtesy of: Jose Cabarcas Guerra, Realty Source Incorporated

Assumed Rate

2.74%
7.15%

Principal & Interest

$1,948 /mo
$3,227 /mo

What's Special

OPEN CONCEPT
MODERN
GRANITE COUNTERTOPS
PATIO
CUL-DE-SAC
SOLAR PANELS

MENIFEE GEM! You are going to love the Heritage Lake community! Everything on you bucket list. This home seats on a nice size lot, located on a cul-de-sac, it has a big yard, an open layout, tall ceilings, a modern kitchen, solar panels, an electric car charger, Ring security system etc. Downstairs has a full bedroom and bathroom, and the upstairs has three bedrooms, two bathrooms and a large bonus room. Equipped with an elegant open concept the family room is connected to a gourmet kitchen. The kitchen has granite countertops, island with storage and bar seating and a walk-in pantry. Outside you will find a large stomped concreate open patio and nice size yard. Heritage lake provides a resort lifestyle centered around the private lake and club facility. It offers two Jr. Olympic size pools, a Splash Park, a wading pool, three tot-lots and the lake club equipped with paddle boats. Congratulations you found the one.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.74
Remaining Loan Term
25 years, 11 months
Monthly PITI
$2,738.85/mo
Estimated Loan Balance
$441,976
Cash to close
$162,739
Interest Paid
$51,075

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: ForcedAir, NaturalGas
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Community, Lap, Association

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Unknown
Condition
  • Year Built: 2020
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Pool
HOA
  • Has HOA: Yes
  • HOA Name: Heritage Lakes
  • HOA Amenities: Unknown
  • HOA Fee: $75
  • HOA Frequency: $Monthly
Location
  • Region: Menifee

Financial Details

  • Price per Sqft: $271.74
  • Tax Annual Amount: $7499.99
  • On Market Date: 2024-12-04T00:00:00.000Z
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 $162,739 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $162,739!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$437,260
Your Cash$162,739
Total Purchase Price:$599,999

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,948/mo
Traditional @ 7.5%
$3,348/mo
You save $1,399/month ($16,793/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 240027927SD

Listing From:

Last updated: 2025-01-25T02:31:46.000Z

© , 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

2.74%
7.15%

Principal & Interest

$1,948 /mo
$3,227 /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 $162,739 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $162,739!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$437,260
Your Cash$162,739
Total Purchase Price:$599,999

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,948/mo
Traditional @ 7.5%
$3,348/mo
You save $1,399/month ($16,793/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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