Laura Jewett

Laura Jewett

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Closed

$842,000

($319,563 down)
VA

700 Balsam Lane, Corona, CA 92882

4
2
2,015 sqft
PITI Monthly
$4,546.35 /mo

Listing courtesy of: Daniel DeForest, First Team Real Estate North Tustin

Assumed Rate

6.81%
7.15%

Principal & Interest

$3,446 /mo
$3,566 /mo

What's Special

FRESH PAINT
SHOPPING
ENTERTAINMENT
MOVE-IN READY
CUL-DE-SAC
CHARMING

Welcome to a beautiful Loft Home in Corona! This charming four-bedroom home, nestled in the heart of a cul-de-sac, is bursting with character and endless possibilities. The main level features all four bedrooms with gleaming wood flooring, while the upstairs reveals a HUGE bonus loft that can be transformed into a fifth bedroom, art studio, sewing room—whatever your heart desires! We have completed plans to build an ADU on the property. Inside, you'll find deluxe vinyl floors, professionally cleaned carpet and fresh paint, making it move-in ready. The real showstopper is the gigantic, flat, usable backyard—perfect for entertaining, gardening, or relaxing under the sun. Plus, the SOLAR TESLA SYSTEM installed in 2023 offers energy efficiency and savings. Conveniently located right off the freeway, with easy access to work, shopping, medical appointments, and a world of entertainment—from wineries and casinos to spas. Don’t wait—schedule your showing before it's too late!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.81
Remaining Loan Term
28 years, 5 months
Monthly PITI
$4,546.35/mo
Estimated Loan Balance
$523,391
Cash to close
$319,563
Interest Paid
$56,481

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Solar
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTypeUnknown
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1962
Details
  • Builder:

Community & HOA

Community
  • Subdivision: ,tbd
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Corona

Financial Details

  • Price per Sqft: $417.87
  • Tax Annual Amount: $10525
  • On Market Date: 2024-09-04T00:00:00.000Z
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 $319,563 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $319,563!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$522,437
Your Cash$319,563
Total Purchase Price:$842,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$3,446/mo
Traditional @ 7.5%
$3,699/mo
You save $253/month ($3,041/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW24178529

Listing From:

Last updated: 2025-03-04T13:43:38.000Z

© , 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

6.81%
7.15%

Principal & Interest

$3,446 /mo
$3,566 /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 $319,563 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$

You cover the entire equity of $319,563!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$522,437
Your Cash$319,563
Total Purchase Price:$842,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$3,446/mo
Traditional @ 7.5%
$3,699/mo
You save $253/month ($3,041/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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