Laura Jewett

Laura Jewett

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$579,000

($110,153 down)
FHA

32985 Serena Way, Lake Elsinore, CA 92530

4
2
1,680 sqft
PITI Monthly
$4,278.52 /mo

Listing courtesy of: Joanna Reyes, The Agent and Company

Assumed Rate

6.9%
7.15%

Principal & Interest

$3,168 /mo
$3,249 /mo

What's Special

SERENE
SHOPPING
DINING
SPACIOUS
MODERN
LAKE VIEWS
CHARMING
COZY

**Charming Manufacture Home on a Spacious Corner Lot ** Welcome to your dream home! This delightful 4-bedroom, 2-bath residence is situated on an expansive 14,810 sq. ft. corner lot in the beautiful city of Lake Elsinore. With ample space for outdoor activities and potential landscaping, this property offers both privacy and room to grow. Step inside to discover a warm and inviting interior featuring a spacious living area, perfect for family gatherings and entertaining guests. The well-appointed kitchen boasts modern appliances and plenty of counter space, making meal preparation a breeze. Each of the four bedrooms provides a cozy retreat, while the two bathrooms are designed for convenience and comfort. Enjoy the serene surroundings of Lake Elsinore, known for its stunning lake views and outdoor recreational opportunities. This home is conveniently located near shopping, dining, and excellent schools, making it ideal for families and professionals alike. Don't miss your chance to own this fantastic property on a generous corner lot. Schedule a viewing today and envision the possibilities!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.9
Remaining Loan Term
27 years, 8 months
Monthly PITI
$4,278.52/mo
Estimated Loan Balance
$470,588
Cash to close
$110,153
Interest Paid
$76,526

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 2021
Details
  • Builder: Fleetwood

Community & HOA

Community
  • Subdivision:
  • Features: Fishing, Lake, Mountainous
HOA
  • Has HOA: No
Location
  • Region: Lake Elsinore

Financial Details

  • Price per Sqft: $344.64
  • Tax Annual Amount: $7237.5
  • On Market Date: 2025-03-22T00:00:00.000Z
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 $110,153 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $110,153!

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

Loan Breakdown

Assumed Mortgage6.9% Sellers Rate
$468,847
Your Cash$110,153
Total Purchase Price:$579,000

Assumed vs Traditional Mortgage

Assumed @ 6.9%
$3,168/mo
Traditional @ 7.5%
$3,370/mo
You save $202/month ($2,423/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW25057198

Listing From:

Last updated: 2025-04-02T21:38:37.000Z

© , 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

6.9%
7.15%

Principal & Interest

$3,168 /mo
$3,249 /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 $110,153 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $110,153!

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

Loan Breakdown

Assumed Mortgage6.9% Sellers Rate
$468,847
Your Cash$110,153
Total Purchase Price:$579,000

Assumed vs Traditional Mortgage

Assumed @ 6.9%
$3,168/mo
Traditional @ 7.5%
$3,370/mo
You save $202/month ($2,423/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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