Dan Kaercher

Dan Kaercher

(480) 202-1789
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$1,300,000

($1,155,390 down)
FHA

30525 Old Windmill Road, Menifee, CA 92584

2
2
1,740 sqft
PITI Monthly
$3,039.08 /mo

Listing courtesy of: Cyrus Peinado, Keller Williams Legacy

Assumed Rate

5.5%
7.15%

Principal & Interest

$1,231 /mo
$1,465 /mo
$164,253 in interest paid off

What's Special

30525 Old Windmill rd features a 1,740 sq ft 2 bedroom 2 bathroom 433A certified Manufactured Home on a permanent foundation built in 1979 & a large Barn on just over 1.5 acres located in the "Community Core" of Menifee's Economic Development Corridor. This large lot has development potential & the neighboring properties, 30581 Old Windmill rd, 30620 Old Windmill rd & 30640 Old Windmill rd & 30645 Old Windmill rd are listed for sale as well.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.5
Remaining Loan Term
13 years, 11 months
Monthly PITI
$3,039.08/mo
Estimated Loan Balance
$147,967
Cash to close
$1,155,390
Interest Paid
$164,253

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: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTank
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: AboveGround, Private

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1979
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Rural
HOA
  • Has HOA: No
Location
  • Region: Menifee

Financial Details

  • Price per Sqft: $747.13
  • Tax Annual Amount: $16250
  • On Market Date: 2025-01-24T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $1,155,390 (89%)
You can enter any amount below - secondary financing will cover the difference if needed.
89%
$

You cover the entire equity of $1,155,390!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$144,610
Your Cash:$1,155,390
Total Purchase Price:$1,300,000

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$1,231/mo
Traditional @ 7.5%
$1,519/mo
You save $288/month ($3,456/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW25017644

Listing From:

Last updated: 2025-02-06T23:32:21.000Z

© , 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

5.5%
7.15%

Principal & Interest

$1,231 /mo
$1,465 /mo
$164,253 in interest paid off
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 $1,155,390 (89%)
You can enter any amount below - secondary financing will cover the difference if needed.
89%
$

You cover the entire equity of $1,155,390!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$144,610
Your Cash:$1,155,390
Total Purchase Price:$1,300,000

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$1,231/mo
Traditional @ 7.5%
$1,519/mo
You save $288/month ($3,456/year)

*Secondary financing rates are an estimated value based on input

Follow Us
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Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000
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