Dan Kaercher

Dan Kaercher

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Closed

$405,000

($54,221 down)
VA

575 Quail Drive, Lake Elsinore, CA 92530

2
1
875 sqft
PITI Monthly
$1,490.83 /mo

Listing courtesy of: Cyrus Mohseni, The Keystone Team

Assumed Rate

3.1%
7.15%

Principal & Interest

$1,341 /mo
$2,121 /mo

What's Special

MODERN
FIREPLACE
PATIO
CHARMING
COZY

Welcome home to 575 Quail Drive, a charming 2-bedroom, 1-bath nestled in Lake Elsinore. The home’s cathedral ceiling adds warmth and style, while central air cooling and a cozy fireplace ensure year-round comfort. The kitchen, open to the family room, features a breakfast bar, and a pantry, providing an ideal space for both entertaining and everyday living. The Hollywood-style bathroom includes Corian counters and a relaxing bathtub. Step outside to enjoy the open patio, enclosed by wrought iron fencing for added privacy. Additional features include solar power, two installed Ring central systems for security, and an attached 2-car garage. This home combines modern efficiency with classic charm in a peaceful neighborhood setting.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.1
Remaining Loan Term
26 years, 10 months
Monthly PITI
$1,490.83/mo
Estimated Loan Balance
$298,071
Cash to close
$54,221
Interest Paid
$29,832

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Fireplaces
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: GasStarter, LivingRoom, SeeThrough, WoodBurning
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: WroughtIron
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Bungalow
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1984
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Foothills, Hiking, Lake, StreetLights, Sidewalks, Fishing, Park
HOA
  • Has HOA: No
Location
  • Region: Lake Elsinore

Financial Details

  • Price per Sqft: $462.86
  • Tax Annual Amount: $5062.5
  • On Market Date: 2024-11-01T00:00:00.000Z
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 $54,221 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $54,221!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$350,779
Your Cash$54,221
Total Purchase Price:$405,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$1,341/mo
Traditional @ 7.5%
$2,200/mo
You save $859/month ($10,308/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW24224670

Listing From:

Last updated: 2025-02-25T01:57:40.000Z

© , 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

3.1%
7.15%

Principal & Interest

$1,341 /mo
$2,121 /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 $54,221 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $54,221!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$350,779
Your Cash$54,221
Total Purchase Price:$405,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$1,341/mo
Traditional @ 7.5%
$2,200/mo
You save $859/month ($10,308/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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