Laura Jewett

Laura Jewett

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$660,000

($148,824 down)
FHA

53209 Trailing Rose Drive, Lake Elsinore, CA 92532

5
3
3,269 sqft
PITI Monthly
$4,687.69 /mo

Listing courtesy of: Paul Herra, Paul Herra Broker

Assumed Rate

6.9%
7.15%

Principal & Interest

$3,434 /mo
$3,521 /mo

What's Special

LOCATION
CUL-DE-SAC
SAFE

Welcome!! This beautiful!! home! on a quiet cul-de-sac and a safe and quiet place spend quality time with family. This wonderful 5 bedroom 3 bath, has bathroom hook ups for additional built. It also has solar panel system paid off. The details are unknown. It's buyer and buyer agent to find out. Property sell As is.Large bedroom and bathroom on first floor. The long an wide driveway can be used for RV parking. The home enjoys a great location! Please contact us today to schedule a showing.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.9
Remaining Loan Term
27 years, 8 months
Monthly PITI
$4,687.69/mo
Estimated Loan Balance
$512,643
Cash to close
$148,824
Interest Paid
$82,944

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile

Exterior

Fencing
  • Fencing: GoodCondition
Roof
  • Roof: Slate
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Private
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Unknown
  • Roof: Slate
Condition
  • Year Built: 2013
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name: de la Rosa community Association
  • HOA Amenities: Unknown
  • HOA Fee: $90
  • HOA Frequency: $Monthly
Location
  • Region: Lake Elsinore

Financial Details

  • Price per Sqft: $201.9
  • Tax Annual Amount: $8250
  • On Market Date: 2024-08-13T00:00:00.000Z
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 $148,824 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $148,824!

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

Loan Breakdown

Assumed Mortgage6.9% Sellers Rate
$511,176
Your Cash$148,824
Total Purchase Price:$660,000

Assumed vs Traditional Mortgage

Assumed @ 6.9%
$3,434/mo
Traditional @ 7.5%
$3,653/mo
You save $219/month ($2,627/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RS24167399

Listing From:

Last updated: 2025-03-07T00:57:32.000Z

© , 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

6.9%
7.15%

Principal & Interest

$3,434 /mo
$3,521 /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 $148,824 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $148,824!

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

Loan Breakdown

Assumed Mortgage6.9% Sellers Rate
$511,176
Your Cash$148,824
Total Purchase Price:$660,000

Assumed vs Traditional Mortgage

Assumed @ 6.9%
$3,434/mo
Traditional @ 7.5%
$3,653/mo
You save $219/month ($2,627/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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