Dan Kaercher

Dan Kaercher

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Closed

$675,000

($198,064 down)
FHA

28900 Bayberry Drive, Lake Elsinore, CA 92530

3
3
2,126 sqft
PITI Monthly
$3,548.76 /mo

Listing courtesy of: Michelle Talley, Century 21 Garland

Assumed Rate

6.43%
7.15%

Principal & Interest

$3,039 /mo
$3,271 /mo

What's Special

SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
NO HOA

Very LOW taxes, special assessments only 470.94 per year, wow, that is low for LE! AND.....no HOA fee! Surrounding properties have high special assessments. Fantastic view from second floor and backyard. Large FLAT lot too (it feels much bigger than square footage size!)! Home has 3 bedrooms, great size loft for any use and 2.5 bathrooms. Spacious open floor plan, 3-car garage, very neutral paint and flooring, beautiful landscaping and solar. Conveniently located! Home is close to shopping, dining, entertainment, and schools. A must see property!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.43
Remaining Loan Term
28 years, 3 months
Monthly PITI
$3,548.76/mo
Estimated Loan Balance
$478,844
Cash to close
$198,064
Interest Paid
$53,982

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Block, Wood
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 2003
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs
HOA
  • Has HOA: No
Location
  • Region: Lake Elsinore

Financial Details

  • Price per Sqft: $317.5
  • Tax Annual Amount: $
  • On Market Date: 2024-10-22T00:00:00.000Z
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 $198,064 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $198,064!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$476,936
Your Cash$198,064
Total Purchase Price:$675,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$3,039/mo
Traditional @ 7.5%
$3,393/mo
You save $354/month ($4,249/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG24214354

Listing From:

Last updated: 2024-12-05T05:31:16.000Z

© , 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

6.43%
7.15%

Principal & Interest

$3,039 /mo
$3,271 /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 $198,064 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $198,064!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$476,936
Your Cash$198,064
Total Purchase Price:$675,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$3,039/mo
Traditional @ 7.5%
$3,393/mo
You save $354/month ($4,249/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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