Greg Hammond

Greg Hammond

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$615,000

($54,465 down)
FHA

53201 Monaco Street, Lake Elsinore, CA 92532

4
3
2,592 sqft
PITI Monthly
$4,610.96 /mo

Listing courtesy of: Hector Gutierrez, Keller Williams, The Lakes

Assumed Rate

6.26%
7.15%

Principal & Interest

$3,540 /mo
$3,880 /mo

What's Special

SHOPPING
SPACIOUS
HOME OFFICE
GAME ROOM
PATIO
COZY
SOLAR PANELS

Welcome to your next home in the desirable Rosetta Canyon community! This stunning 2,592 sq ft, 4 bed, 2.5 bath home with a 2-car garage sits on a 5,227 sq ft lot and is the perfect blend of comfort, space, and function. Step inside to be greeted by a spacious two-story entry with both a formal living room and cozy family room, perfect for relaxing or entertaining. The kitchen offers plenty of room to cook, gather, and enjoy meals together! Downstairs also includes a convenient half bath. Upstairs features a large loft, ideal for a home office, game room, or second lounge space, and all four bedrooms are tucked away upstairs for added privacy. The spacious primary suite and generously sized secondary bedrooms give everyone room to stretch out. The backyard features a covered patio, perfect for weekend BBQs or quiet mornings with coffee. Plus, with solar panels, you’ll enjoy energy savings year-round. Located in a well-maintained neighborhood, Rosetta Canyon residents enjoy access to their very own Sports Park, offering fields, courts, and open space just minutes from your door. With schools, shopping centers, and freeway access within 3 miles, everything you need is close by! Don’t miss your chance to own a beautiful home in a vibrant and growing community. Book your tour today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.26
Remaining Loan Term
28 years, 0 months
Monthly PITI
$4,610.96/mo
Estimated Loan Balance
$562,365
Cash to close
$54,465
Interest Paid
$71,101

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
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: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 2010
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Curbs, Park, Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name: Rosetta CAnyon Community Association
  • HOA Amenities: Unknown
  • HOA Fee: $78
  • HOA Frequency: $Monthly
Location
  • Region: Lake Elsinore

Financial Details

  • Price per Sqft: $237.27
  • Tax Annual Amount: $7687.5
  • On Market Date: 2025-04-07T00:00:00.000Z
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 $54,465 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $54,465!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$560,535
Your Cash$54,465
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$3,540/mo
Traditional @ 7.15%
$4,024/mo
You save $484/month ($5,805/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW25069978

Listing From:

Last updated: 2025-04-16T16:00:14.000Z

© , 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

6.26%
7.15%

Principal & Interest

$3,540 /mo
$3,880 /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 $54,465 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $54,465!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$560,535
Your Cash$54,465
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$3,540/mo
Traditional @ 7.15%
$4,024/mo
You save $484/month ($5,805/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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