Laura Jewett

Laura Jewett

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Closed

$585,000

($430,232 down)
FHA

2527 Flanders Road, Riverside, CA 92507

4
2
1,364 sqft
PITI Monthly
$1,289.68 /mo

Listing courtesy of: SUSAN WOLF, BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS

Assumed Rate

3.5%
7.15%

Principal & Interest

$970 /mo
$1,459 /mo

What's Special

SHOPPING
DINING
SPACIOUS
CUL-DE-SAC
NO HOA

BACK ON THE MARKET AT NO FAULT OF THE SELLERS. This stunning VIEW home features 4 bedrooms and 2 bathrooms, with a versatile bedroom that can easily be transformed into a spacious living room or dining area. Nestled at the end of a cul-de-sac near hiking trails, you'll enjoy breathtaking views of the hills, mountains, and city lights from your backyard. Conveniently located close to UCR, shopping, restaurants, and major freeways, this property boasts low taxes and no HOA fees. Don't miss out on this incredible opportunity! This property may qualify for a $7,500 Chase Homebuyer GrantSM that can be used to reduce the cost of your Chase mortgage.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.5
Remaining Loan Term
17 years, 7 months
Monthly PITI
$1,289.68/mo
Estimated Loan Balance
$257,338
Cash to close
$430,232
Interest Paid
$81,200

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Tile

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: 1961
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Foothills, Hiking, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Riverside

Financial Details

  • Price per Sqft: $428.89
  • Tax Annual Amount: $
  • On Market Date: 2024-11-14T00:00:00.000Z
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 $430,232 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
$

You cover the entire equity of $430,232!

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

Loan Breakdown

Assumed Mortgage3.5% Sellers Rate
$154,768
Your Cash:$430,232
Total Purchase Price:$585,000

Assumed vs Traditional Mortgage

Assumed @ 3.5%
$970/mo
Traditional @ 7.5%
$1,513/mo
You save $543/month ($6,520/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV24226318

Listing From:

Last updated: 2025-01-14T02:16:32.000Z

© , 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

3.5%
7.15%

Principal & Interest

$970 /mo
$1,459 /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 $430,232 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
$

You cover the entire equity of $430,232!

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

Loan Breakdown

Assumed Mortgage3.5% Sellers Rate
$154,768
Your Cash:$430,232
Total Purchase Price:$585,000

Assumed vs Traditional Mortgage

Assumed @ 3.5%
$970/mo
Traditional @ 7.5%
$1,513/mo
You save $543/month ($6,520/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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