Laura Jewett

Laura Jewett

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Closed

$515,000

($256,872 down)
VA

3503 Lake Crest Drive, Lake Elsinore, CA 92530

3
2
1,464 sqft
PITI Monthly
$1,477.42 /mo

Listing courtesy of: Donald Mowery, EXP REALTY OF CALIFORNIA INC

Assumed Rate

3.69%
7.15%

Principal & Interest

$1,311 /mo
$1,926 /mo

What's Special

DINING
SPACIOUS
STAINLESS STEEL APPLIANCES
FIREPLACE
VAULTED CEILINGS
MASTER SUITE
COZY

Discover your perfect home in the heart of Lake Elsinore, just a stone's throw from the picturesque lake. This inviting property boasts excellent curb appeal and a spacious, fenced backyard, ideal for outdoor gatherings and relaxation. Step inside for a bright, airy living space with vaulted ceilings and a cozy fireplace, perfect for chilly evenings. The dining area, conveniently located off the kitchen, features new doors that enhance style and functionality. The master suite is a true retreat, with vaulted ceilings and private access to the backyard. Thanks to skylights, natural light floods both bathrooms, creating a welcoming and open atmosphere. Additional updates include double-pane windows for improved energy efficiency and comfort, ceiling fans, and stainless steel appliances. Nestled in a friendly, well-maintained neighborhood, this home offers great value and an ideal setting for creating lasting memories.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.69
Remaining Loan Term
24 years, 8 months
Monthly PITI
$1,477.42/mo
Estimated Loan Balance
$258,643
Cash to close
$256,872
Interest Paid
$53,242

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir, Electric
  • Heating: Central, ForcedAir, NaturalGas
Features
  • Materials: Drywall, Frame, Glass, Concrete, Stucco, WoodSiding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Asphalt, Composition, 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: Ranch
Materials
  • Drywall, Frame, Glass, Concrete, Stucco, WoodSiding
  • Roof: Asphalt, Composition, Shingle
Condition
  • Year Built: 1983
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, StreetLights, Suburban, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Lake Elsinore

Financial Details

  • Price per Sqft: $351.78
  • Tax Annual Amount: $
  • On Market Date: 2024-07-31T00:00:00.000Z
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 $256,872 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $256,872!

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

Loan Breakdown

Assumed Mortgage3.69% Sellers Rate
$258,128
Your Cash$256,872
Total Purchase Price:$515,000

Assumed vs Traditional Mortgage

Assumed @ 3.69%
$1,311/mo
Traditional @ 7.5%
$1,998/mo
You save $687/month ($8,241/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV24155672

Listing From:

Last updated: 2024-09-18T17:27:25.000Z

© , 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

3.69%
7.15%

Principal & Interest

$1,311 /mo
$1,926 /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 $256,872 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $256,872!

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

Loan Breakdown

Assumed Mortgage3.69% Sellers Rate
$258,128
Your Cash$256,872
Total Purchase Price:$515,000

Assumed vs Traditional Mortgage

Assumed @ 3.69%
$1,311/mo
Traditional @ 7.5%
$1,998/mo
You save $687/month ($8,241/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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