Laura Jewett

Laura Jewett

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Closed

$495,000

($463,788 down)
FHA

3880 Everest Avenue, Riverside, CA 92503

3
1
1,116 sqft
PITI Monthly
$669.54 /mo

Listing courtesy of: Heidi Franklin, Re/Max Partners

Assumed Rate

8%
7.15%

Principal & Interest

$459 /mo
$422 /mo

What's Special

LOCATION
SHOPPING
DINING
SPACIOUS
FIREPLACE
TENNIS COURTS

Great for First time buyers! Located on a large lot, 10,890 sq. ft. - .25 acre. Plenty of room for an ADU. Located in a well kept neighborhood in Riverside, CA. This home has 3 bedrooms and 1 bathroom. As you enter the home, there is a spacious living room with fireplace and a dining area. The kitchen has a window looking to the front and a door to the outside. The garage is currently used a living room with laundry hookups, with two more sectioned off rooms-areas behind the main room. The garage can possibly made into living quarters. Great location! Within about a mile or less to all schools. Close to California Baptist University. Convenient to other colleges, RCC and UCR. Close to Arlington Park, which has a public pool, playsets, a tennis courts, restrooms, large trees with shade and picnic tables. Convenient to the 91 freeway, restaurants, The Galleria at Tyler-Mall, movie theater, miniature golf, other shopping and hospitals. Needs TLC. This home may qualify for FHA 203k loan. There is a $6,500 grant program and a Fannie Mae Portfolio loan for repairs. Buy way under market and save a lot of money!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
8
Remaining Loan Term
6 years, 11 months
Monthly PITI
$669.54/mo
Estimated Loan Balance
$31,461
Cash to close
$463,788
Interest Paid
$93,690

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Central
Features
  • Materials: Plaster, Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: ChainLink
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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
  • Plaster, Stucco
  • Roof: Composition
Condition
  • Year Built: 1950
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $443.55
  • Tax Annual Amount: $
  • On Market Date: 2024-08-06T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $463,788 (94%)
You can enter any amount below - secondary financing will cover the difference if needed.
94%
$

You cover the entire equity of $463,788!

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

Loan Breakdown

Assumed Mortgage8% Sellers Rate
$31,212
Your Cash:$463,788
Total Purchase Price:$495,000

Assumed vs Traditional Mortgage

Assumed @ 8%
$459/mo
Traditional @ 7.5%
$438/mo
You save $-21/month ($-249/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG24160470

Listing From:

Last updated: 2024-12-05T05:14:00.000Z

© , 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

8%
7.15%

Principal & Interest

$459 /mo
$422 /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 $463,788 (94%)
You can enter any amount below - secondary financing will cover the difference if needed.
94%
$

You cover the entire equity of $463,788!

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

Loan Breakdown

Assumed Mortgage8% Sellers Rate
$31,212
Your Cash:$463,788
Total Purchase Price:$495,000

Assumed vs Traditional Mortgage

Assumed @ 8%
$459/mo
Traditional @ 7.5%
$438/mo
You save $-21/month ($-249/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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