Cheryl Riley

Cheryl Riley

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$699,500

($114,872 down)
FHA

40567 Birchfield Drive, Temecula, CA 92591

3
3
1,665 sqft
PITI Monthly
$5,110.69 /mo

Listing courtesy of: Katarina Daniels, REDFIN

Assumed Rate

6.5%
7.15%

Principal & Interest

$3,791 /mo
$4,051 /mo

What's Special

DINING
STAINLESS STEEL APPLIANCES
PATIO

Stunning newer construction. Your first steps into this inviting entry say "Welcome Home!" The lower level boasts a great room. Living space, blended with dining room, ordained with upscale lighting and chandelier. Lovely kitchen with island and bar seating. Light bright white cabinets and stainless steel appliances. Living space opens to a patio which wraps around entire home and is large enough for some gardening, summer grilling, or just to soak up the sun! There is a guest half bath downstairs as well. The stairs have a landing, and take you up to your laundry room that is installed with shelving. Across from the laundry is bedroom 1 boasts with lots of light and great closet space. Bedroom 2 is also roomy and brings in natural light. Sitting in between the bedrooms is a large bathroom with large vanity and ample storage. The main bedroom is welcomed with large windows on to walls for showers of natural lighting. Step into the end suite with a nice vanity, large walk in shower, and sperate water closet. The main walk in closet is roomy enough for any wardrobe! The whole home is on a filter system Solar is paid for. Community amenities include pool. This home will not disappoint.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.5
Remaining Loan Term
27 years, 10 months
Monthly PITI
$5,110.69/mo
Estimated Loan Balance
$588,095
Cash to close
$114,872
Interest Paid
$83,464

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, NaturalGas
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Vinyl
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SewerTapPaid
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Association

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 2022
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name: Heirloom Farms
  • HOA Amenities: Unknown
  • HOA Fee: $145
  • HOA Frequency: $Monthly
Location
  • Region: Temecula

Financial Details

  • Price per Sqft: $420.12
  • Tax Annual Amount: $8743.75
  • On Market Date: 2025-04-11T00:00:00.000Z
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 $114,872 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $114,872!

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

Loan Breakdown

Assumed Mortgage6.5% Sellers Rate
$584,628
Your Cash$114,872
Total Purchase Price:$699,500

Assumed vs Traditional Mortgage

Assumed @ 6.5%
$3,791/mo
Traditional @ 7.15%
$4,202/mo
You save $411/month ($4,931/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG25080497

Listing From:

Last updated: 2025-04-15T16:07:47.000Z

© , 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

6.5%
7.15%

Principal & Interest

$3,791 /mo
$4,051 /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 $114,872 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $114,872!

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

Loan Breakdown

Assumed Mortgage6.5% Sellers Rate
$584,628
Your Cash$114,872
Total Purchase Price:$699,500

Assumed vs Traditional Mortgage

Assumed @ 6.5%
$3,791/mo
Traditional @ 7.15%
$4,202/mo
You save $411/month ($4,931/year)

*Secondary financing rates are an estimated value based on input

Follow Us
American Allstar Realty
Agent/Broker
Cheryl RileyAmerican Allstar Realty(602) 353-7375cheryl.m.riley@gmail.comMLS BR655878000

© 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 American Allstar Realty 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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