Laura Jewett

Laura Jewett

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$629,990

($229,057 down)
VA

40142 Colony Drive, Murrieta, CA 92562

3
2
1,853 sqft
PITI Monthly
$2,704.99 /mo

Listing courtesy of: James Brennan, Brenson Realty, Inc.

Assumed Rate

3.08%
7.15%

Principal & Interest

$1,861 /mo
$2,952 /mo

What's Special

SHOPPING
DINING
SPACIOUS
MODERN
GRANITE COUNTERTOPS
FIREPLACE
PATIO
CLUBHOUSE
FITNESS CENTER

Welcome Home to one of the best lots in the highly sought-after, senior community THE COLONY. This spacious single-story residence offers high ceilings and open floorplan. As you enter you are greeted by an abundance of light and spacious living room and dining room. The well-appointed kitchen features refinished cabinets, granite countertops and large island. The family room is off the kitchen and boast a fireplace and leads to the rear covered patio with views of the gorgeous backyard and golf course. The bedrooms are separated by an office, which could be converted to a 3rd bedroom. This home is a perfect blend of comfort, style, and modern living. The Colony Community: Enjoy 24/7 security gate and patrol security services, a friendly atmosphere, and a variety of activities .The Colony’s standout feature is its all-inclusive clubhouse, offering a fitness center, lounge, art studios, ballroom, kitchen, theater, library, salon, music room, and billiards/card rooms. Outside, residents enjoy a resort-style pool, whirlpool spa, BBQ area, patio, picnic pavilion, and scenic walking/biking trails along lake. Recreational facilities include tennis, pickleball, bocce ball, and shuffleboard courts, managed by an on-site activities director. The clubhouse hosts numerous clubs, classes, and activities, from aerobics and birdwatching to Zumba and wine tasting. The Valued HOA with its unmatched amenities and vibrant lifestyle, The Colony stands out as the premier 55+community in the Murrieta-Temecula area. Low Tax and closed to shopping centers, hospitals and freeways.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.08
Remaining Loan Term
26 years, 2 months
Monthly PITI
$2,704.99/mo
Estimated Loan Balance
$408,329
Cash to close
$229,057
Interest Paid
$49,554

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Wood, WroughtIron
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: AboveGround, Community, Association

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: PatioHome
Materials
  • Stucco
  • Roof: Tile
Condition
  • Year Built: 1998
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Golf, StormDrains, StreetLights, Sidewalks, Gated, Pool
HOA
  • Has HOA: Yes
  • HOA Name: The Colony at Cal Oaks
  • HOA Amenities: Unknown
  • HOA Fee: $333
  • HOA Frequency: $Monthly
Location
  • Region: Murrieta

Financial Details

  • Price per Sqft: $339.98
  • Tax Annual Amount: $7874.88
  • On Market Date: 2025-03-17T00:00:00.000Z
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 $229,057 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $229,057!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$400,933
Your Cash$229,057
Total Purchase Price:$629,990

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,861/mo
Traditional @ 7.5%
$3,062/mo
You save $1,200/month ($14,403/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW25058264

Listing From:

Last updated: 2025-04-01T19:51:10.000Z

© , 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

3.08%
7.15%

Principal & Interest

$1,861 /mo
$2,952 /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 $229,057 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $229,057!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$400,933
Your Cash$229,057
Total Purchase Price:$629,990

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,861/mo
Traditional @ 7.5%
$3,062/mo
You save $1,200/month ($14,403/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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