Dave Corey

Dave Corey

Property

40463 Melrose Drive, Temecula, CA 92591

509,900

FHA
$18,696 interest already paid off
2
3
1,387 sqft
Estimated Loan Balance$519,791
Cash to close$0
Est. Monthly PITI$3,339
Initial Loan Amount$523,346
Time on site17 days
Remaining Term29 years, 4 months

Payment Calculator

$3,339

per month

In an assumption, your down payment equals the seller’s equity. You’ll need at least 5% in cash, and the rest can be covered with secondary financing.

Potential Short Sale Opportunity

This property may be available as a short sale, meaning the seller owes more than the current market value. This could present a unique opportunity for buyers, but requires special financing considerations and approval from the lender.

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Assumed Rate

5.38%
6.6%

Principal & Interest

$2,932 /mo
$3,342 /mo

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About this home

SHOPPINGDININGSPACIOUSMODERNGRANITE COUNTERTOPSWALK-IN CLOSETBALCONYCLUBHOUSE
Welcome to 40463 Melrose Dr in the highly desirable Heirloom Farms community of Temecula. This move-in-ready, 2025-built tri-level condo offers 2 spacious bedrooms, 2.5 baths, and a bright open-concept design perfect for modern living and entertaining. Stylish upgrades include granite countertops, sleek gray cabinetry, new flooring, custom window t
18 daysOn UMe
ResidentialProperty Type
2025Year Built
1387 SqftLiving Area
$368Price Per Sqft
$0Monthly Taxes

Listed by • LORRAINE D'SOUZA, American Real Estate-List&Sell

Property Details

Garage/Carport Information

  • Has Garage
  • Has Attached Garage

Parking

  • Features: Attached, Garage
  • # of Parking (Total): 2

MLS ID: IV26011486

Listing From: CRMLS

Last updated: 2026-01-31T00:49:06.217Z

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