Jeanne(Kerry) Davidson

Jeanne(Kerry) Davidson

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$635,000

($149,115 down)
FHA

24020 Longview Lane, Menifee, CA 92585

2
2
1,440 sqft
PITI Monthly
$4,332.14 /mo

Listing courtesy of: Manuel Meraz, Master Key Real Estate

Assumed Rate

7.06%
7.15%

Principal & Interest

$3,279 /mo
$3,309 /mo

What's Special

THIS IS A "ZONING R-5" PROPERTY. 3.18 ACRES. RANCH PROPERTY. New listing on the City of Menifee. Horse property. Room to add on/ build a fifth unit. Parking for Motorhome or Trailers. Property special for homing different kind of animals. This style of property difficult to come across in this City. This a peaceful area for you and your family to enjoy. close to gas stations and 215/74 Fwy. freeway. Seller very motivated and is open to hear any reasonable offers.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.06
Remaining Loan Term
29 years, 3 months
Monthly PITI
$4,332.14/mo
Estimated Loan Balance
$486,720
Cash to close
$149,115
Interest Paid
$25,858

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: Yes
  • Garage Spaces: 15
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTank
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: ManufacturedOnLand
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1989
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $440.97
  • Tax Annual Amount: $7937.5
  • On Market Date: 2025-04-16T00:00:00.000Z
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 $149,115 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $149,115!

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

Loan Breakdown

Assumed Mortgage7.06% Sellers Rate
$485,885
Your Cash$149,115
Total Purchase Price:$635,000

Assumed vs Traditional Mortgage

Assumed @ 7.06%
$3,279/mo
Traditional @ 7.15%
$3,433/mo
You save $153/month ($1,837/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW25084215

Listing From:

Last updated: 2025-04-21T13:19:19.000Z

© , 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

7.06%
7.15%

Principal & Interest

$3,279 /mo
$3,309 /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 $149,115 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $149,115!

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

Loan Breakdown

Assumed Mortgage7.06% Sellers Rate
$485,885
Your Cash$149,115
Total Purchase Price:$635,000

Assumed vs Traditional Mortgage

Assumed @ 7.06%
$3,279/mo
Traditional @ 7.15%
$3,433/mo
You save $153/month ($1,837/year)

*Secondary financing rates are an estimated value based on input

Follow Us
HomeSmart
Agent/Broker
Jeanne(Kerry) DavidsonHomeSmart(602) 826-3697kerry@myagent.netMLS BR631128000

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than HomeSmart are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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