Laura Jewett

Laura Jewett

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Closed

$869,000

($311,009 down)
FHA

19721 Covell Street, Riverside, CA 92508

4
2
2,000 sqft
PITI Monthly
$4,093.11 /mo

Listing courtesy of: Jesus Perez, Trifecta RE

Assumed Rate

6.11%
7.15%

Principal & Interest

$3,471 /mo
$3,865 /mo

What's Special

SERENE
SHOPPING
DINING
SPACIOUS
MODERN
NO HOA

Experience the best of Riverside living with this remarkable 4-bedroom, 2-bathroom home on nearly 1.5 acres of fully fenced land, perfectly blending rural tranquility with modern convenience. Located just minutes from the 215 freeway, this property offers easy access to shopping, dining, and top-rated schools while maintaining the charm of country living. The spacious, open floor plan is perfect for gatherings, featuring an inviting family den for movie nights and entertaining, a private office ideal for remote work or creative projects, and a convenient laundry room that simplifies daily tasks. With a Tesla wall connector included, at-home EV charging is a breeze. For those with a passion for adventure, the expansive property has gated access and NO HOA restrictions, allowing plenty of room for a boat, RV, trailers, ATVs, and even space for animals. If you're seeking a serene retreat that doesn't compromise on accessibility and modern perks, this Riverside oasis is waiting for you--schedule a showing today to see all it has to offer!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.11
Remaining Loan Term
27 years, 7 months
Monthly PITI
$4,093.11/mo
Estimated Loan Balance
$569,287
Cash to close
$311,009
Interest Paid
$83,281

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir, Ductless, Dual
  • Heating: Combination, Central, Ductless
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: ChainLink, Privacy, StuccoWall, WroughtIron
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTank
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Stucco
  • Roof: Shingle
Condition
  • Year Built: 1949
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Rural, StreetLights
HOA
  • Has HOA: No
Location
  • Region: Riverside

Financial Details

  • Price per Sqft: $434.5
  • Tax Annual Amount: $10862.5
  • On Market Date: 2024-10-31T00:00:00.000Z
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 $311,009 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $311,009!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$557,991
Your Cash$311,009
Total Purchase Price:$869,000

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$3,471/mo
Traditional @ 7.5%
$4,009/mo
You save $538/month ($6,450/year)

*Secondary financing rates are an estimated value based on input

MLS ID: P1-19803

Listing From:

Last updated: 2025-01-31T20:13:34.000Z

© , 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

6.11%
7.15%

Principal & Interest

$3,471 /mo
$3,865 /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 $311,009 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $311,009!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$557,991
Your Cash$311,009
Total Purchase Price:$869,000

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$3,471/mo
Traditional @ 7.5%
$4,009/mo
You save $538/month ($6,450/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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