Dan Kaercher

Dan Kaercher

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Closed

$499,900

($94,181 down)
FHA

32989 Pepper Drive, Lake Elsinore, CA 92530

3
2
968 sqft
PITI Monthly
$3,626.36 /mo

Listing courtesy of: Arturo Aguilar, LPT Realty, Inc.

Assumed Rate

6.78%
7.15%

Principal & Interest

$2,651 /mo
$2,752 /mo

What's Special

LOCATION
SHOPPING
DINING
MODERN

Welcome to this 2-bedroom, 2-bathroom home combines comfort and convenience near the lake with private access. The bright, open-concept living area leads to a modern kitchen featuring tile floors, ideal for cooking and entertaining. The primary bedroom includes an en-suite bath, while the second bedroom and additional full bath offer extra comfort. Upstairs, a versatile room is perfect for an office or guest space. A two-car garage provides added convenience, and the home's central location keeps you close to shopping, dining, and recreation. This property is perfect for those seeking both a relaxing and connected lifestyle.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.78
Remaining Loan Term
29 years, 0 months
Monthly PITI
$3,626.36/mo
Estimated Loan Balance
$406,431
Cash to close
$94,181
Interest Paid
$27,495

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: DiningRoom
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Wood
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: None

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: MidCenturyModern
Materials
  • Stucco
  • Roof: Tile
Condition
  • Year Built: 1964
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Lake
HOA
  • Has HOA: Yes
  • HOA Name: Kilmeny Orchard
  • HOA Amenities: Unknown
  • HOA Fee: $100
  • HOA Frequency: $Annually
Location
  • Region: Lake Elsinore

Financial Details

  • Price per Sqft: $516.43
  • Tax Annual Amount: $6248.75
  • On Market Date: 2024-08-23T00:00:00.000Z
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 $94,181 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $94,181!

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

Loan Breakdown

Assumed Mortgage6.78% Sellers Rate
$405,719
Your Cash$94,181
Total Purchase Price:$499,900

Assumed vs Traditional Mortgage

Assumed @ 6.78%
$2,651/mo
Traditional @ 7.5%
$2,855/mo
You save $204/month ($2,444/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PTP2405026

Listing From:

Last updated: 2024-12-10T17:27:43.000Z

© , 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

6.78%
7.15%

Principal & Interest

$2,651 /mo
$2,752 /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 $94,181 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $94,181!

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

Loan Breakdown

Assumed Mortgage6.78% Sellers Rate
$405,719
Your Cash$94,181
Total Purchase Price:$499,900

Assumed vs Traditional Mortgage

Assumed @ 6.78%
$2,651/mo
Traditional @ 7.5%
$2,855/mo
You save $204/month ($2,444/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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