Dan Kaercher

Dan Kaercher

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Closed

$590,000

($244,574 down)
VA

29238 Chinkapin, Lake Elsinore, CA 92530

3
3
1,868 sqft
PITI Monthly
$2,021.31 /mo

Listing courtesy of: Nicolette Nikolic, Dreamscape Real Estate

Assumed Rate

4.07%
7.15%

Principal & Interest

$1,855 /mo
$2,602 /mo

What's Special

LOCATION
SERENE
SHOPPING
SPACIOUS
MODERN
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
WALK-IN CLOSET
PATIO
SPRINKLER SYSTEM
CLUBHOUSE
MOUNTAIN VIEWS
SOLAR PANELS

Welcome to Chinkapin, located in the desirable master-planned community of Laurel Pointe at Summerly! This stunning, move-in-ready home offers modern convenience and thoughtful design. Step inside to a bright and inviting entryway that leads you to an open-concept main floor. The lower level features a convenient quarter bathroom, a gorgeous kitchen with granite countertops, a spacious island, white cabinetry, stainless steel appliances, a pantry, and a utility sink. The kitchen seamlessly flows into the living room, creating a perfect space for entertaining. Upstairs, the primary suite is a retreat, boasting serene mountain views, a luxurious en suite with dual sinks, a walk-in shower, and a spacious walk-in closet. The upper level also includes two additional bedrooms, a full bathroom, a versatile loft, and a convenient laundry room. This smart home is equipped with modern features, including an electronic key entry, an alarm system, a tankless water heater, solar panels, a quiet cool fan, recessed lighting, and an interior sprinkler system. Outside, the backyard is perfect for gatherings, featuring a large Alumawood patio cover with fans and recessed lighting, ample space for entertaining, and no rear neighbors, allowing you to enjoy peaceful mountain views. The community at Summerly offers exceptional amenities, including swimming pools, a kids' splash zone, parks, a clubhouse, and multiple neighborhood events every year. Conveniently located near Storm Stadium (minor league baseball stadium), shopping centers, and just minutes from the 15 Freeway, this home offers an unbeatable location for leisure and commuting. Don’t miss the opportunity to make this incredible property your new home!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.07
Remaining Loan Term
24 years, 3 months
Monthly PITI
$2,021.31/mo
Estimated Loan Balance
$347,462
Cash to close
$244,574
Interest Paid
$85,438

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Brick, Vinyl
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Association

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 2019
Details
  • Builder: DR Horton

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, StreetLights, Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name: Summerly
  • HOA Amenities: Unknown
  • HOA Fee: $122
  • HOA Frequency: $Monthly
Location
  • Region: Lake Elsinore

Financial Details

  • Price per Sqft: $315.85
  • Tax Annual Amount: $
  • On Market Date: 2024-12-10T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $244,574 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $244,574!

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

Loan Breakdown

Assumed Mortgage4.07% Sellers Rate
$345,426
Your Cash$244,574
Total Purchase Price:$590,000

Assumed vs Traditional Mortgage

Assumed @ 4.07%
$1,855/mo
Traditional @ 7.5%
$2,699/mo
You save $844/month ($10,129/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24244727

Listing From:

Last updated: 2025-01-14T00:44:16.000Z

© , 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

4.07%
7.15%

Principal & Interest

$1,855 /mo
$2,602 /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 $244,574 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $244,574!

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

Loan Breakdown

Assumed Mortgage4.07% Sellers Rate
$345,426
Your Cash$244,574
Total Purchase Price:$590,000

Assumed vs Traditional Mortgage

Assumed @ 4.07%
$1,855/mo
Traditional @ 7.5%
$2,699/mo
You save $844/month ($10,129/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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