Dan Kaercher

Dan Kaercher

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Closed

$349,000

($358,046 down)
FHA

28360 Corte Magdalena, Menifee, CA 92586

2
2
1,077 sqft
PITI Monthly
$833.41 /mo

Listing courtesy of: Kimberly Ingram, Allison James Estates & Homes- Kimberly Ingram

Assumed Rate

7.47%
7.15%

Principal & Interest

$620 /mo
$601 /mo

What's Special

SHOPPING
DINING
SPACIOUS
PATIO
55+ COMMUNITY

Welcome to this beautiful single-story home situated in a quiet and sought-after 55+ community. This home features 2 bedrooms and 2 bathrooms. Upon entering you’re greeted with an inviting open living room with tons of natural light, creating a warm and welcoming ambiance. The kitchen boasts a delightful garden window overlooking the lush surroundings, and with ample counter space and storage, meal prep is a breeze. The spacious bedrooms provide ample space for relaxing. Outside, enjoy your covered backyard patio and pool-sized yard, perfect for our beautiful Southern California weather. The low-maintenance front and back yards ensure easy upkeep. A newer HVAC system has been recently installed. Conveniently located near shopping, dining, and freeway access, and medical center. This is a perfect property to retire in or even use as a rental.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.47
Remaining Loan Term
Loan term completed
Monthly PITI
$833.41/mo
Estimated Loan Balance
$50,886
Cash to close
$358,046
Interest Paid
$134,346

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1989
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StormDrains, StreetLights, Suburban, Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name: Sun City Hermosa
  • HOA Amenities: Unknown
  • HOA Fee: $108
  • HOA Frequency: $Annually
Location
  • Region: Menifee

Financial Details

  • Price per Sqft: $324.05
  • Tax Annual Amount: $
  • On Market Date: 2024-08-23T00:00:00.000Z
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 $358,046 (103%)
You can enter any amount below - secondary financing will cover the difference if needed.
103%
$

You cover the entire equity of $358,046!

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

Loan Breakdown

Assumed Mortgage7.47% Sellers Rate
-$9,046
Your Cash:$358,046
Total Purchase Price:$349,000

Assumed vs Traditional Mortgage

Assumed @ 7.47%
$620/mo
Traditional @ 7.5%
$623/mo
You save $3/month ($36/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24175499

Listing From:

Last updated: 2024-12-05T03:35:10.000Z

© , 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

7.47%
7.15%

Principal & Interest

$620 /mo
$601 /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 $358,046 (103%)
You can enter any amount below - secondary financing will cover the difference if needed.
103%
$

You cover the entire equity of $358,046!

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

Loan Breakdown

Assumed Mortgage7.47% Sellers Rate
-$9,046
Your Cash:$358,046
Total Purchase Price:$349,000

Assumed vs Traditional Mortgage

Assumed @ 7.47%
$620/mo
Traditional @ 7.5%
$623/mo
You save $3/month ($36/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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