Dan Kaercher

Dan Kaercher

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$479,999

($198,309 down)
VA

29267 Summerset Drive, Menifee, CA 92586

3
2
1,408 sqft
PITI Monthly
$2,027.51 /mo

Listing courtesy of: Carlos Lupercio, REALTY ONE GROUP WEST

Assumed Rate

3.23%
7.15%

Principal & Interest

$1,361 /mo
$2,117 /mo

What's Special

SERENE
DINING
SPACIOUS
PATIO
PRIVATE BACKYARD
CHARMING
NO HOA
55+ COMMUNITY

Welcome to serene living in the desirable 55+ community of Menifee. This charming single-story home with NO HOA offers 1,408 sq ft of comfortable living space on a generous 7,405 sq ft lot. Featuring 3 spacious bedrooms and 2 bathrooms, it includes a separate living room perfect for relaxation and a dining area ideal for gatherings. The kitchen awaits your personal touch, providing a blank canvas for your culinary creativity. Outside, the private backyard offers a covered patio for year-round enjoyment, a variety of fruit trees to enhance your outdoor experience, and convenient RV access. Nestled in a tranquil, community-focused neighborhood designed for mature residents, this home combines comfort, convenience, and potential for customization. Located in the heart of Menifee, it’s a perfect blend of quiet living with easy access to all amenities. Don’t miss the opportunity to make this peaceful retreat your own!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.23
Remaining Loan Term
25 years, 3 months
Monthly PITI
$2,027.51/mo
Estimated Loan Balance
$395,489
Cash to close
$198,309
Interest Paid
$45,764

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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: Curbs, Park, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Menifee

Financial Details

  • Price per Sqft: $340.91
  • Tax Annual Amount: $5999.99
  • On Market Date: 2025-04-01T00:00:00.000Z
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 $198,309 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $198,309!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$281,690
Your Cash$198,309
Total Purchase Price:$479,999

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$1,361/mo
Traditional @ 7.5%
$2,196/mo
You save $835/month ($10,025/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV25071130

Listing From:

Last updated: 2025-04-03T14:13:05.000Z

© , 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

3.23%
7.15%

Principal & Interest

$1,361 /mo
$2,117 /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 $198,309 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $198,309!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$281,690
Your Cash$198,309
Total Purchase Price:$479,999

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$1,361/mo
Traditional @ 7.5%
$2,196/mo
You save $835/month ($10,025/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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