Laura Jewett

Laura Jewett

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$550,000

($34,602 down)
FHA

3710 Colonial Circle, Lake Elsinore, CA 92530

3
2
1,467 sqft
PITI Monthly
$4,377.65 /mo

Listing courtesy of: Jocelyn Jauregui, Century 21 Allstars

Assumed Rate

6.82%
7.15%

Principal & Interest

$3,400 /mo
$3,515 /mo

What's Special

INVESTORS
LOCATION
HOME OFFICE
MOUNTAIN VIEWS
CUL-DE-SAC
FAMILY-FRIENDLY
CHARMING
INCOME POTENTIAL
RENTAL INCOME
TURNKEY

Nestled at the end of a peaceful cul-de-sac, this charming 3-bedroom, 2-bathroom single-story home offers stunning mountain views and is just one mile from Lake Elsinore. With a bright, open floor plan filled with natural light, this home is both inviting and functional. The backyard is the true showstopper, featuring a sparkling pool and spa, perfect for summer relaxation, entertaining, or even short-term rental potential. The primary suite boasts a private bath and sliding doors leading directly to the pool, offering a seamless indoor-outdoor retreat. Two separate living areas provide ample space for gatherings, home office setups, or potential rental flexibility. Located in a desirable, family-friendly neighborhood, this home is ideal for first-time buyers, growing families, or savvy investors looking for a property with strong rental income potential. With its prime location near the lake, parks, and outdoor activities, this is a great opportunity to own a turnkey home with incredible value.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.82
Remaining Loan Term
29 years, 1 months
Monthly PITI
$4,377.65/mo
Estimated Loan Balance
$516,793
Cash to close
$34,602
Interest Paid
$32,393

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Den
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Vinyl, Wood
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: InGround, Private

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1983
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $374.91
  • Tax Annual Amount: $6875
  • On Market Date: 2025-04-02T00:00:00.000Z
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 $34,602 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
$

You cover the entire equity of $34,602!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$515,398
Your Cash$34,602
Total Purchase Price:$550,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$3,400/mo
Traditional @ 7.5%
$3,646/mo
You save $246/month ($2,955/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW25071152

Listing From:

Last updated: 2025-04-03T14:10:38.000Z

© , 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

6.82%
7.15%

Principal & Interest

$3,400 /mo
$3,515 /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 $34,602 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
$

You cover the entire equity of $34,602!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$515,398
Your Cash$34,602
Total Purchase Price:$550,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$3,400/mo
Traditional @ 7.5%
$3,646/mo
You save $246/month ($2,955/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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