Dan Kaercher

Dan Kaercher

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Closed

$612,000

($236,712 down)
VA

29918 Tierra Shores Lane, Menifee, CA 92584

4
4
2,543 sqft
PITI Monthly
$1,831.59 /mo

Listing courtesy of: Georgina Casillas, Coldwell Banker Assoc.Brkr-Mur

Assumed Rate

2.9%
7.15%

Principal & Interest

$1,665 /mo
$2,702 /mo

What's Special

GATED COMMUNITY
SERENE
DINING
SPACIOUS
WALK-IN CLOSET
HOME OFFICE
PATIO
CLUBHOUSE
SAFE
CHARMING
SOLAR PANELS

Welcome to this expansive 2,543 sqft home located in the highly sought-after lake-gated community of Tierra Shores in Menifee. This residence is designed to accommodate a variety of family needs with its thoughtful layout and ample space. Featuring four generously sized bedrooms, three of which are conveniently located on the main floor, including a Jack-and-Jill bathroom, it’s perfect for families or guests. The upper level loft, complete with its own bedroom and bathroom, offers additional versatility—ideal for a guest suite, home office, or multi-generational living. The exterior of the property is designed with both function and aesthetics in mind. The front yard showcases an artificial lawn for low-maintenance landscaping, while the backyard is a haven for outdoor enjoyment. It features extensive imprinted cement walkways and a spacious 12’ x 40’ patio cover complete with ceiling fans and lights, creating a perfect setting for gatherings and relaxation. The backyard also includes a charming arbor with a sit-and-swing surrounded by lush grapevines, adding a touch of natural beauty and tranquility. A standout feature of this home is the 44 paid-off solar panels installed on the roof, which significantly reduce the monthly electric bill and often generate excess electricity that is returned to the grid. Additional notable features include a 4’ x 12’ dog kennel, a large walk-in closet with a fireproof safe, a full-service laundry room with a sink and ample cabinetry, and a finished garage with completed walls. The kitchen, while functional, offers a spacious pantry and a substantial 'Secretary Counter' that doubles as a workspace. Patio sliding doors in both the dining area and master bedroom provide convenient access to the backyard, which holds even more potential for enhancement. Community Highlights: Tierra Shores is renowned for its serene lake-gated environment, providing residents with access to a picturesque lake, scenic walking, beautifully maintained parks. The community offers a range of amenities including a refreshing pool, a well-appointed clubhouse, and various sports courts, promoting an active and social lifestyle. The peaceful atmosphere make Tierra Shores an exceptional place to call home. Some Virtual furniture was used to showcase the potential of some of the rooms.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.9
Remaining Loan Term
26 years, 7 months
Monthly PITI
$1,831.59/mo
Estimated Loan Balance
$380,492
Cash to close
$236,712
Interest Paid
$38,205

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: WoodSiding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Carpet, Tile

Exterior

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

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • WoodSiding
  • Roof: Tile
Condition
  • Year Built: 2005
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Lake, StormDrains, StreetLights, Sidewalks, Gated, Park, Pool
HOA
  • Has HOA: Yes
  • HOA Name: Optimum Professional Property Management
  • HOA Amenities: Unknown
  • HOA Fee: $175
  • HOA Frequency: $Monthly
Location
  • Region: Menifee

Financial Details

  • Price per Sqft: $240.66
  • Tax Annual Amount: $
  • On Market Date: 2024-08-21T00:00:00.000Z
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Savings Calculator

Current cash to close is $236,712 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$

You cover the entire equity of $236,712!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$375,288
Your Cash$236,712
Total Purchase Price:$612,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,665/mo
Traditional @ 7.5%
$2,802/mo
You save $1,137/month ($13,649/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW24172611

Listing From:

Last updated: 2024-12-05T03:37:47.000Z

© , 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

2.9%
7.15%

Principal & Interest

$1,665 /mo
$2,702 /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 $236,712 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$

You cover the entire equity of $236,712!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$375,288
Your Cash$236,712
Total Purchase Price:$612,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,665/mo
Traditional @ 7.5%
$2,802/mo
You save $1,137/month ($13,649/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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