Dan Kaercher

Dan Kaercher

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Closed

$470,000

($339,804 down)
FHA

27091 Potomac Drive, Menifee, CA 92586

2
2
988 sqft
PITI Monthly
$875.08 /mo

Listing courtesy of: Joan Coffeen, Realty ONE Group Southwest

Assumed Rate

3.45%
7.15%

Principal & Interest

$611 /mo
$925 /mo

What's Special

LOCATION
SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
NO HOA

Single level, Pool Home! This 2-bedroom, 2-bathroom residence is nestled on a spacious lot with potential RV parking, this home is ideal for those who value location and affordability. Inside, discover an inviting open floor plan, perfect for entertaining or simply relaxing. The living area flows seamlessly into the dining area and adjacent kitchen. Outside, you'll find your own private oasis. The sparkling pool and spa are perfect for cooling off on hot summer days or enjoying a relaxing soak in the evening. The large backyard offers endless possibilities for outdoor activities, gardening, or simply unwinding in your own tranquil space. Located in a low-tax area with no HOA, this home offers incredible value. You'll be just minutes from the newly developed Menifee Town Center, where shopping, dining, and entertainment options abound. This home is a rare find in a sought-after location. Don't miss your chance to make it yours!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.45
Remaining Loan Term
26 years, 11 months
Monthly PITI
$875.08/mo
Estimated Loan Balance
$130,668
Cash to close
$339,804
Interest Paid
$14,143

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, ForcedAir, NaturalGas
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: Gunite, InGround, Private

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1993
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Gutters, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Menifee

Financial Details

  • Price per Sqft: $475.71
  • Tax Annual Amount: $
  • On Market Date: 2024-08-29T00:00:00.000Z
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 $339,804 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
$

You cover the entire equity of $339,804!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$130,196
Your Cash:$339,804
Total Purchase Price:$470,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$611/mo
Traditional @ 7.5%
$960/mo
You save $348/month ($4,181/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24180028

Listing From:

Last updated: 2024-12-05T05:14:00.000Z

© , 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

3.45%
7.15%

Principal & Interest

$611 /mo
$925 /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 $339,804 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
$

You cover the entire equity of $339,804!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$130,196
Your Cash:$339,804
Total Purchase Price:$470,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$611/mo
Traditional @ 7.5%
$960/mo
You save $348/month ($4,181/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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