Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$834,500

($472,837 down)
FHA

40294 Salem Way, Temecula, CA 92591

4
3
2,528 sqft
PITI Monthly
$2,198.02 /mo

Listing courtesy of: Darlynn Sandefer, Coldwell Banker Assoc.Brkr-Mur

Assumed Rate

3.16%
7.15%

Principal & Interest

$1,701 /mo
$2,670 /mo

What's Special

LOCATION
SHOPPING
DINING
STAINLESS STEEL APPLIANCES
BREAKFAST NOOK
FIREPLACE
WALK-IN CLOSET
SOAKING TUB
SEPARATE SHOWER
FLEX SPACE
PATIO
COMMUNITY POOL
WALKING TRAILS
CHARMING

Look no further for your dream home and move right in! This gorgeous, single-owner home radiates pride of ownership. Featuring 4 bedrooms, 2.5 baths, and 2,528 square feet, along with a 3-car tandem garage on a large corner lot. Nestled in the sought-after Harveston Community of Temecula, this property showcases a freshly painted interior, a large great room with a fireplace, a built-in media center, and a breakfast nook. The beautiful kitchen is equipped with granite counters, newer stainless steel appliances, including an LG dishwasher, stove, and refrigerator, as well as a GE microwave. It also features a large kitchen island, endless cabinets, and a butler’s pantry leading to the formal dining room. Opposite the dining room is a flex space that can be used as an office, sitting room, or library. Upstairs you’ll find a small loft with built in desk, perfect for students, 4 large bedrooms, 3 with walk-in closets, and an oversized laundry room with Whirlpool washer and dryer units. The primary bedroom boasts window shutters, a ceiling fan, and an en-suite bathroom with a large soaking tub, separate shower, and dual sinks. The backyard is perfect for entertaining with its stamped concrete patio and custom-designed solid wood patio cover with a tile roof. A charming fountain, rose bushes, and a crepe myrtle tree add to the ambiance. The large side yard could be a dog run. Designed by Greystone/Lennar, the neighborhood surrounds the beautiful Harveston Lake, which offers paddle boat rentals, fishing, and walking trails. This corner lot is a short 2-minute walk from the lake, sports park, tot lot, and Lakehouse facility. Residents can enjoy a junior Olympic-sized community pool overlooking the lake, complete with a splash pad. The community also offers movie nights under the stars, concerts, and various classes such as yoga, mommy & me, and art. The location is conveniently close to shopping, restaurants, and wineries, with easy access to the I-15 freeway.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.16
Remaining Loan Term
25 years, 5 months
Monthly PITI
$2,198.02/mo
Estimated Loan Balance
$362,410
Cash to close
$472,837
Interest Paid
$54,560

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom, Gas
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Heated, InGround, Association

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Cottage
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2005
Details
  • Builder: Lennar/Greystone Homes

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Curbs, DogPark, Fishing, Lake, StormDrains, StreetLights, Sidewalks, Park
HOA
  • Has HOA: Yes
  • HOA Name: Harveston Community Association
  • HOA Amenities: Unknown
  • HOA Fee: $125
  • HOA Frequency: $Monthly
Location
  • Region: Temecula

Financial Details

  • Price per Sqft: $330.1
  • Tax Annual Amount: $
  • On Market Date: 2024-07-19T00:00:00.000Z
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 $472,837 (57%)
You can enter any amount below - secondary financing will cover the difference if needed.
57%
$

You cover the entire equity of $472,837!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$361,663
Your Cash:$472,837
Total Purchase Price:$834,500

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,701/mo
Traditional @ 7.5%
$2,770/mo
You save $1,069/month ($12,825/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24145578

Listing From:

Last updated: 2024-08-31T17:31:51.000Z

© , 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

3.16%
7.15%

Principal & Interest

$1,701 /mo
$2,670 /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 $472,837 (57%)
You can enter any amount below - secondary financing will cover the difference if needed.
57%
$

You cover the entire equity of $472,837!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$361,663
Your Cash:$472,837
Total Purchase Price:$834,500

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,701/mo
Traditional @ 7.5%
$2,770/mo
You save $1,069/month ($12,825/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.