Dan Kaercher

Dan Kaercher

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Closed

$590,000

($485,220 down)
FHA

35142 Sorrel Lane, Lake Elsinore, CA 92532

4
2
1,760 sqft
PITI Monthly
$868.44 /mo

Listing courtesy of: Veronica Ivy, HomeSmart, Evergreen Realty

Assumed Rate

3.91%
7.15%

Principal & Interest

$610 /mo
$873 /mo

What's Special

LARGE CENTER ISLAND
SERENE
DINING
SPACIOUS
LUXURY
GRANITE COUNTERTOPS
VAULTED CEILINGS
WALK-IN CLOSET
MASTER SUITE
PATIO
PRIVATE BACKYARD
COMMUNITY POOL
EFFICIENT

BACK ON THE MARKET!!!! Welcome to our spacious, 4-bedroom, 2-bath, single level home, located in the highly desirable Canyon Hills community at 35142 Sorrel Ln, Lake Elsinore. As soon as you step inside, you will feel right at home. This beautiful residence is complemented by high vaulted ceilings, recessed lighting, and energy-efficient double-pane windows and doors with brand new luxury vinyl flooring through the whole house. One of the standout features of this home is the cool breeze that flows throughout, creating a refreshing and comfortable living environment. The open-concept interior boasts a generous kitchen with a large center island, plenty of natural light, and a welcoming atmosphere perfect for hosting gatherings. The kitchen opens seamlessly to the dining room and living area and is equipped with a stainless steel gas stove, granite countertops, a pantry with ample of cabinet space. All room are spacious with beautiful views. The master suite includes a walk-in closet, a luxurious en-suite bathroom with a stand-up shower, with a good size tub and dual sinks. The house has been freshly painted, all the filters have been changed, the front yard has also been updated. The home also features a separate laundry room designed to accommodate an oversized washer and dryer. Step outside to the private backyard, where you’ll find a covered patio with a ceiling fan, perfect for relaxing while enjoying the serene canyon views. This home is conveniently within walking distance to the local elementary school. As a resident of Canyon Hills, you’ll have access to a host of amenities, including 3 community pool, spa, splash pad, and multiple parks. Experience the comfort, convenience, and charm of this exceptional property—your dream home awaits!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.91
Remaining Loan Term
20 years, 6 months
Monthly PITI
$868.44/mo
Estimated Loan Balance
$164,583
Cash to close
$485,220
Interest Paid
$43,499

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2013
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StreetLights, Sidewalks, Pool
HOA
  • Has HOA: Yes
  • HOA Name: unknown
  • HOA Amenities: Unknown
  • HOA Fee: $134
  • HOA Frequency: $Monthly
Location
  • Region: Lake Elsinore

Financial Details

  • Price per Sqft: $335.23
  • Tax Annual Amount: $7375
  • On Market Date: 2024-10-07T00:00:00.000Z
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 $485,220 (82%)
You can enter any amount below - secondary financing will cover the difference if needed.
82%
$

You cover the entire equity of $485,220!

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

Loan Breakdown

Assumed Mortgage3.91% Sellers Rate
$104,780
Your Cash:$485,220
Total Purchase Price:$590,000

Assumed vs Traditional Mortgage

Assumed @ 3.91%
$610/mo
Traditional @ 7.5%
$905/mo
You save $295/month ($3,541/year)

*Secondary financing rates are an estimated value based on input

MLS ID: OC24208320

Listing From:

Last updated: 2025-02-24T01:03:31.000Z

© , 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

3.91%
7.15%

Principal & Interest

$610 /mo
$873 /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 $485,220 (82%)
You can enter any amount below - secondary financing will cover the difference if needed.
82%
$

You cover the entire equity of $485,220!

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

Loan Breakdown

Assumed Mortgage3.91% Sellers Rate
$104,780
Your Cash:$485,220
Total Purchase Price:$590,000

Assumed vs Traditional Mortgage

Assumed @ 3.91%
$610/mo
Traditional @ 7.5%
$905/mo
You save $295/month ($3,541/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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