Laura Jewett

Laura Jewett

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$529,900

($127,792 down)
FHA

12254 Riparian Way, Moreno Valley, CA 92557

2
1
975 sqft
PITI Monthly
$3,671.3 /mo

Listing courtesy of: Angel Castillo, Iberri & Associates Real Estate

Assumed Rate

7.2%
7.15%

Principal & Interest

$2,766 /mo
$2,752 /mo

What's Special

LOCATION
SHOPPING
SPACIOUS
FIREPLACE
PATIO
FENCED YARD
CHARMING
COZY

WOW! Check out this beautiful home located in the vibrant neighborhood of Moreno Valley, 12254 Riparian Way is a charming and inviting home that offers a fantastic opportunity to live in a great area with amazing views! This single-story gem features 2 cozy bedrooms and 1 well-appointed bathroom, spread across 975 square feet of comfortable living space. One of the standout features of this property is its spacious backyard, perfect for outdoor gatherings, gardening, or simply enjoying the beautiful Southern California weather. The fully fenced yard offers privacy and plenty of room for activities, while the patio area is ideal for entertaining guests or relaxing under the stars. The home is conveniently located near a wide variety of shopping centers, restaurants, and more, making it incredibly easy to run errands or enjoy a night out. Plus, with quick access to major freeways like the 60, 215, and 91, commuting or getting around town is a breeze. Inside, you'll find a cozy living room with a fireplace. With central heating and air conditioning, comfort is guaranteed year-round. And, with a 2-car garage and additional parking in the driveway, you’ll never have to worry about parking. Don’t miss the chance to make this home yours—it’s a perfect blend of comfort, convenience, and charm in a fantastic location!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.2
Remaining Loan Term
28 years, 7 months
Monthly PITI
$3,671.3/mo
Estimated Loan Balance
$402,809
Cash to close
$127,792
Interest Paid
$41,293

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1985
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Moreno Valley

Financial Details

  • Price per Sqft: $543.49
  • Tax Annual Amount: $6623.75
  • On Market Date: 2025-03-07T00:00:00.000Z
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 $127,792 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $127,792!

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

Loan Breakdown

Assumed Mortgage7.2% Sellers Rate
$402,108
Your Cash$127,792
Total Purchase Price:$529,900

Assumed vs Traditional Mortgage

Assumed @ 7.2%
$2,766/mo
Traditional @ 7.5%
$2,855/mo
You save $89/month ($1,066/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW25050723

Listing From:

Last updated: 2025-03-08T14:52:33.000Z

© , 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

7.2%
7.15%

Principal & Interest

$2,766 /mo
$2,752 /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 $127,792 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $127,792!

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

Loan Breakdown

Assumed Mortgage7.2% Sellers Rate
$402,108
Your Cash$127,792
Total Purchase Price:$529,900

Assumed vs Traditional Mortgage

Assumed @ 7.2%
$2,766/mo
Traditional @ 7.5%
$2,855/mo
You save $89/month ($1,066/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© 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 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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