Dan Kaercher

Dan Kaercher

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$585,000

($108,827 down)
FHA

52983 Alba Street, Lake Elsinore, CA 92532

3
2
2,270 sqft
PITI Monthly
$4,131.65 /mo

Listing courtesy of: MONICA LOPEZ, CENTURY 21 EXPERIENCE

Assumed Rate

6.85%
7.15%

Principal & Interest

$3,136 /mo
$3,233 /mo

What's Special

SHOPPING
SPACIOUS
WALK-IN CLOSET
MASTER SUITE
CUL-DE-SAC
SOLAR PANELS

Welcome to 52983 Alba St, a beautifully designed 3-bedroom, 2-bathroom home nestled in a peaceful cul-de-sac in Lake Elsinore. From the moment you step inside, you'll love the open-concept layout, creating a seamless flow between the spacious family room, living room, and large kitchen. The kitchen is a chef’s dream, featuring a granite island, ample counter space, and a pantry, perfect for cooking and entertaining. The master suite is filled with natural light and offers a walk-in closet, a spacious en-suite bathroom with a separate toilet area, and a shower. The additional two bedrooms are spacious and comfortable, making this home ideal for families. An enclosed porch adds extra versatility, while the backyard is designed for easy maintenance, featuring artificial grass and a built-in BBQ area, perfect for entertaining. This home also comes equipped with solar panels, helping to reduce energy costs. Located in a quiet cul-de-sac, it’s just minutes from freeways, schools, and shopping, offering both convenience and comfort. Don’t miss this opportunity—schedule a showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.85
Remaining Loan Term
29 years, 5 months
Monthly PITI
$4,131.65/mo
Estimated Loan Balance
$478,228
Cash to close
$108,827
Interest Paid
$19,076

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: Carpet, Tile

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: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: SeeRemarks
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 2008
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Mountainous, Park, Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name: Prime
  • HOA Amenities: Unknown
  • HOA Fee: $130
  • HOA Frequency: $Monthly
Location
  • Region: Lake Elsinore

Financial Details

  • Price per Sqft: $257.71
  • Tax Annual Amount: $7312.5
  • On Market Date: 2025-02-22T00:00:00.000Z
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 $108,827 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $108,827!

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

Loan Breakdown

Assumed Mortgage6.85% Sellers Rate
$476,173
Your Cash$108,827
Total Purchase Price:$585,000

Assumed vs Traditional Mortgage

Assumed @ 6.85%
$3,136/mo
Traditional @ 7.5%
$3,353/mo
You save $217/month ($2,603/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV25039429

Listing From:

Last updated: 2025-03-09T01:52:22.000Z

© , 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

6.85%
7.15%

Principal & Interest

$3,136 /mo
$3,233 /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 $108,827 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $108,827!

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

Loan Breakdown

Assumed Mortgage6.85% Sellers Rate
$476,173
Your Cash$108,827
Total Purchase Price:$585,000

Assumed vs Traditional Mortgage

Assumed @ 6.85%
$3,136/mo
Traditional @ 7.5%
$3,353/mo
You save $217/month ($2,603/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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