Billy  Alt

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$679,999

($483,390 down)
FHA

1 Ponte Bianco, Lake Elsinore, CA 92532

5
4
3,227 sqft
PITI Monthly
$2,865.41 /mo

Listing courtesy of: MANUEL DAVILA, MERIT REALTY GROUP

Assumed Rate

6.25%
7.15%

Principal & Interest

$1,814 /mo
$1,990 /mo

What's Special

SERENE
SHOPPING
SPACIOUS
COMMUNITY POOL
TENNIS COURTS

This great large home is nestled in the beautiful community of the prestigious Tuscany Hills, where its hilly gorgeous landscape of neatly manicured homes invite you to calm, beauty, and serenity. This home is placed in a perfect setting, just a minute away from its beautiful recreation center that boasts community pools, tennis courts, pickle ball,, recreation center, and so much more. The home is a few doors away from an elementary school, and its neighborhood overlooks most of the serene lake it oversees. You will not be disappointed ! As you walk into the serene tranquility of the openness of the calm you will enjoy? You are greeted with a double door entry, leading you to a spacious floor plan you will have years to enjoy! The home is conveniently located within minutes to freeway access, restaurants, shopping, and its lake to have fun with boating, fishing, and just, overall fun! Come see where you can make memories and fun! Easy to show!! Don't let this gem pass your eyes!!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.25
Remaining Loan Term
13 years, 4 months
Monthly PITI
$2,865.41/mo
Estimated Loan Balance
$244,522
Cash to close
$483,390
Interest Paid
$264,798

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Fireplaces, NaturalGas
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Carpet, Tile, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Association

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2000
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Curbs, Fishing, Lake, StreetLights, Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name: Tuscany Hills
  • HOA Amenities: Unknown
  • HOA Fee: $197
  • HOA Frequency: $Monthly
Location
  • Region: Lake Elsinore

Financial Details

  • Price per Sqft: $210.72
  • Tax Annual Amount: $8499.99
  • On Market Date: 2025-05-02T00:00:00.000Z
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 $483,390 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $483,390!

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

Loan Breakdown

Assumed Mortgage6.25% Sellers Rate
$196,609
Your Cash:$483,390
Total Purchase Price:$679,999

Assumed vs Traditional Mortgage

Assumed @ 6.25%
$1,814/mo
Traditional @ 7.15%
$2,064/mo
You save $250/month ($3,001/year)

*Secondary financing rates are an estimated value based on input

MLS ID: MB25097400

Listing From:

Last updated: 2025-05-06T14:31:39.000Z

© , 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

6.25%
7.15%

Principal & Interest

$1,814 /mo
$1,990 /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 $483,390 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $483,390!

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

Loan Breakdown

Assumed Mortgage6.25% Sellers Rate
$196,609
Your Cash:$483,390
Total Purchase Price:$679,999

Assumed vs Traditional Mortgage

Assumed @ 6.25%
$1,814/mo
Traditional @ 7.15%
$2,064/mo
You save $250/month ($3,001/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Alt Group
Agent/Broker
Billy AltAlt Group (702) 250-1090info@altgrouplv.comMLS BS.1001764

© 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 Alt 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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