Laura Jewett

Laura Jewett

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Closed

$449,000

($299,640 down)
VA

40911 Lela May Avenue, Hemet, CA 92544

4
2
1,951 sqft
PITI Monthly
$1,467.9 /mo

Listing courtesy of: Erin Witten, Exit Alliance Realty

Assumed Rate

3.66%
7.15%

Principal & Interest

$850 /mo
$1,254 /mo

What's Special

DINING
SPACIOUS
FIREPLACE

HUGE Opportunity to own a rare piece of land in the heart of Hemet. This home needs some TLC but has HUGE potential. It boasts a generous 4 bedrooms, 2 baths, custom and upgraded 5-car detached garage with workshop, potential RV access, and an enclosed outbuilding, all sitting on .36 acres of land! This home is priced to sell and will be here today and gone tomorrow as the sellers are MOTIVATED! Enjoy a family home in a well-established neighborhood. Indoor laundry can be found here, with the washer and dryer included. Discover a rustic wood-burning fireplace, an eclectic wood-burning stove, and many other unique features. Enjoy spacious bedrooms and 2 large living rooms with a formal dining area. Outdoor living potential is available as this home sits on a HUGE .36 acre lot, with plenty of space to spare. If recreational vehicles are part of your story, storing them here isn't a problem. BBQ'ing, starting up or establishing a home-based business, storing vintage cars... Whatever the need, this home and property can meet it. Schedule a showing today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.66
Remaining Loan Term
21 years, 0 months
Monthly PITI
$1,467.9/mo
Estimated Loan Balance
$152,090
Cash to close
$299,640
Interest Paid
$55,555

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Fireplaces, SeeRemarks, WoodStove
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom, FreeStanding, LivingRoom, WoodBurning
  • Flooring: Carpet, Tile, Vinyl

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 5
  • 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: Unknown
Condition
  • Year Built: 1978
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Gutters, StormDrains, StreetLights, Suburban
HOA
  • Has HOA: No
Location
  • Region: Hemet

Financial Details

  • Price per Sqft: $230.14
  • Tax Annual Amount: $5612.5
  • On Market Date: 2025-03-14T00:00:00.000Z
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 $299,640 (67%)
You can enter any amount below - secondary financing will cover the difference if needed.
67%
$

You cover the entire equity of $299,640!

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

Loan Breakdown

Assumed Mortgage3.66% Sellers Rate
$149,360
Your Cash:$299,640
Total Purchase Price:$449,000

Assumed vs Traditional Mortgage

Assumed @ 3.66%
$850/mo
Traditional @ 7.5%
$1,301/mo
You save $450/month ($5,403/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW25055121

Listing From:

Last updated: 2025-04-03T15:30:38.000Z

© , 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

3.66%
7.15%

Principal & Interest

$850 /mo
$1,254 /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 $299,640 (67%)
You can enter any amount below - secondary financing will cover the difference if needed.
67%
$

You cover the entire equity of $299,640!

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

Loan Breakdown

Assumed Mortgage3.66% Sellers Rate
$149,360
Your Cash:$299,640
Total Purchase Price:$449,000

Assumed vs Traditional Mortgage

Assumed @ 3.66%
$850/mo
Traditional @ 7.5%
$1,301/mo
You save $450/month ($5,403/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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