Laura Jewett

Laura Jewett

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Closed

$549,999

($71,341 down)
FHA

398 Avenue 6, Lake Elsinore, CA 92530

3
2
1,415 sqft
PITI Monthly
$3,663.06 /mo

Listing courtesy of: Michael Regala, eXp Realty of California Inc.

Assumed Rate

6.81%
7.15%

Principal & Interest

$3,154 /mo
$3,264 /mo

What's Special

MINUTES AWAY
SHOPPING
DINING
WALK-IN CLOSET
DOUBLE VANITY
SOAKING TUB
SEPARATE SHOWER
PRIVATE BACKYARD
WALKING TRAILS
CHARMING
EFFICIENT

Welcome to your charming home nestled in the heart of Lake Elsinore! This beautiful 3-bedroom, 2-bathroom single-family residence offers the perfect blend of comfort, style, and convenience. Enjoy the open floor plan that seamlessly connects the living room, dining area, and kitchen. The living room boasts large windows that fill the space with natural light, creating a warm and inviting atmosphere. Paid off Solar with green energy efficient roof! Retreat to the expansive master bedroom complete with an en-suite bathroom featuring a double vanity, a soaking tub, and a separate shower. The walk-in closet offers plenty of storage space. Two generously sized bedrooms with large closets provide comfortable living spaces for family members or guests. Step outside to the private backyard, perfect for relaxing or hosting gatherings. The two-car garage provides secure parking and additional storage options. Enjoy the benefits of living in this vibrant community, which includes access to parks, walking trails, and recreational facilities. The lake is just a short drive away, offering boating, fishing, and scenic views. This home is located within walking distance of the elementary school, minutes away from shopping centers, and dining options. Easy access to major highways makes commuting a breeze. Don’t miss the opportunity to make this beautiful house your new home. Schedule a tour today and experience the charm and comfort of Lake Elsinore living!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.81
Remaining Loan Term
28 years, 5 months
Monthly PITI
$3,663.06/mo
Estimated Loan Balance
$479,093
Cash to close
$71,341
Interest Paid
$51,701

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Solar
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Laminate, Stone

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Tile
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: Bungalow
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 2003
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $388.69
  • Tax Annual Amount: $
  • On Market Date: 2024-06-08T00:00:00.000Z
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 $71,341 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $71,341!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$478,658
Your Cash$71,341
Total Purchase Price:$549,999

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$3,154/mo
Traditional @ 7.5%
$3,386/mo
You save $232/month ($2,784/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG24109991

Listing From:

Last updated: 2024-12-05T03:31:25.000Z

© , 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

6.81%
7.15%

Principal & Interest

$3,154 /mo
$3,264 /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 $71,341 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $71,341!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$478,658
Your Cash$71,341
Total Purchase Price:$549,999

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$3,154/mo
Traditional @ 7.5%
$3,386/mo
You save $232/month ($2,784/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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