Greg Hammond

Greg Hammond

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$1,015,000

($474,027 down)
VA

24255 Verde Street, Lake Forest, CA 92630

3
2
1,404 sqft
PITI Monthly
$4,146.1 /mo

Listing courtesy of: Andres Morales, Bonaventure Realtors

Assumed Rate

3.85%
7.15%

Principal & Interest

$2,789 /mo
$4,018 /mo

What's Special

LOCATION
MINUTES AWAY
SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
GRANITE COUNTERTOPS
PATIO
PRIVATE BACKYARD
TENNIS COURTS
WALKING TRAILS
CUL-DE-SAC
FAMILY-FRIENDLY
CHARMING
NO HOA

Welcome to 24255 Verde St, Lake Forest, CA 92630 — a hidden gem with incredible potential, Priced well below market value, this home is a rare opportunity in a high-demand area in one of Orange County’s most sought-after neighborhoods. This charming 3-bedroom, 2-bathroom single-story home sits at the end of a quiet cul-de-sac with no HOA and offers a rare opportunity to create your dream home in a prime location just minutes away from the 5 and 405 FWYs, the Irvine Spectrum, dining, shopping and entertainment. Featuring granite countertops in the kitchen and coated garage floors, this home offers a solid foundation with great bones. With some creativity and your personal touch, it can easily be refreshed and brought back to its full potential. Enjoy a spacious front patio and a private backyard filled with fruit trees, including an Avocado tree— perfect for relaxing or entertaining. Just steps from Mountain View Park, you'll have access to tennis courts, basketball courts, and scenic walking trails. Lake Forest is a vibrant, family-friendly community known for its excellent schools, abundance of parks, and convenient access to shopping, dining, and recreation. With no Mello-Roos and endless potential, this property is a rare find in a high-demand area. Don’t miss your chance to transform this home into something truly special — schedule your private showing today! Information deemed reliable but not guaranteed. Buyer to verify all details.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.85
Remaining Loan Term
25 years, 3 months
Monthly PITI
$4,146.1/mo
Estimated Loan Balance
$543,070
Cash to close
$474,027
Interest Paid
$104,004

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: LivingRoom
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Shingle
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: Unknown
Materials
  • Stucco
  • Roof: Shingle
Condition
  • Year Built: 1972
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Suburban
HOA
  • Has HOA: No
Location
  • Region: Lake Forest

Financial Details

  • Price per Sqft: $722.93
  • Tax Annual Amount: $12687.5
  • On Market Date: 2025-03-06T00:00:00.000Z
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 $474,027 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $474,027!

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

Loan Breakdown

Assumed Mortgage3.85% Sellers Rate
$540,973
Your Cash$474,027
Total Purchase Price:$1,015,000

Assumed vs Traditional Mortgage

Assumed @ 3.85%
$2,789/mo
Traditional @ 7.15%
$4,168/mo
You save $1,379/month ($16,545/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW25043882

Listing From:

Last updated: 2025-04-16T20:04:20.000Z

© , 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

3.85%
7.15%

Principal & Interest

$2,789 /mo
$4,018 /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 $474,027 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $474,027!

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

Loan Breakdown

Assumed Mortgage3.85% Sellers Rate
$540,973
Your Cash$474,027
Total Purchase Price:$1,015,000

Assumed vs Traditional Mortgage

Assumed @ 3.85%
$2,789/mo
Traditional @ 7.15%
$4,168/mo
You save $1,379/month ($16,545/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UME Realty Group
Agent/Broker
Greg HammondUME Realty Group(480) 522-9318greg@umerealtygroup.comMLS

© 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 UME Realty Group 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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