Laura Jewett

Laura Jewett

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Closed

$599,000

($71,634 down)
FHA

4081 5th Street, Riverside, CA 92501

2
2
1,050 sqft
PITI Monthly
$3,478.66 /mo

Listing courtesy of: Charisse Okamoto, Caliber Real Estate Group

Assumed Rate

4.98%
7.15%

Principal & Interest

$2,925 /mo
$3,689 /mo

What's Special

INVESTORS
LOCATION
SERENE
ENTERTAINMENT
MODERN
LANDSCAPED
QUIET NEIGHBORHOOD
PUBLIC TRANSPORTATION
CHARMING
COZY

Welcome to 4081 5th St, Riverside, CA, a charming duplex ideally situated within walking distance to the vibrant downtown Riverside. This well-maintained property offers a unique blend of modern upgrades and classic appeal, making it perfect for both homeowners and investors. As you step into each unit, you are greeted by a bright and airy living space adorned with contemporary light fixtures and stylish wood flooring. One of the units boasts sleek countertops, modern cabinetry, and convenient bar seating, offering a stylish and functional living space. The property features multiple cozy bedrooms, each designed with comfort in mind, and well-appointed bathrooms that exude a spa-like ambiance with their modern fittings and finishes. One of the units showcases a unique accent wall, adding a touch of personality and warmth to the space. Outside, the duplex exudes curb appeal with its classic front porch, perfect for enjoying your morning coffee or evening relaxation. The landscaped front yard is easy to maintain and adds to the overall charm of the property. The location of 4081 5th St is simply unbeatable. Nestled in a quiet neighborhood, it provides a serene living environment while being just a stone’s throw away from the bustling downtown area. Here, you’ll find an array of shops, restaurants, and entertainment options, along with convenient access to public transportation and major highways. Each unit has its own outdoor space as well as multiple rooms which could be configured as 2 bedroom units.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.98
Remaining Loan Term
27 years, 3 months
Monthly PITI
$3,478.66/mo
Estimated Loan Balance
$528,830
Cash to close
$71,634
Interest Paid
$73,287

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ductless
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1927
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StreetLights, Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name: na
  • HOA Amenities: Unknown
  • HOA Fee: $0
  • HOA Frequency: $
Location
  • Region: Riverside

Financial Details

  • Price per Sqft: $570.48
  • Tax Annual Amount: $
  • On Market Date: 2024-07-13T00:00:00.000Z
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 $71,634 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $71,634!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$527,366
Your Cash$71,634
Total Purchase Price:$599,000

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$2,925/mo
Traditional @ 7.5%
$3,826/mo
You save $901/month ($10,813/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW24143957

Listing From:

Last updated: 2025-01-14T02:22:41.000Z

© , 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

4.98%
7.15%

Principal & Interest

$2,925 /mo
$3,689 /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 $71,634 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $71,634!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$527,366
Your Cash$71,634
Total Purchase Price:$599,000

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$2,925/mo
Traditional @ 7.5%
$3,826/mo
You save $901/month ($10,813/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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