Laura Jewett

Laura Jewett

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Closed

$574,900

($329,510 down)
FHA

4397 Cover Street, Riverside, CA 92506

2
1
1,002 sqft
PITI Monthly
$1,468.63 /mo

Listing courtesy of: Cassandra Walters, Berkshire Hathaway HomeService

Assumed Rate

2.89%
7.15%

Principal & Interest

$1,112 /mo
$1,807 /mo

What's Special

REMODELED
PATIO

CRAFTSMAN HOME! 2 on 1 lot! Main home and another separate bonus area. Located in the highly desirable Magnolia Center area you'll enjoy picturesque, tree-lined streets. The kitchen has been beautifully remodeled with upgraded cabinets & sleek quartz countertops. The bathroom features an upgraded vanity, a stunning walk-in shower with pebble stone flooring and ceiling, and beautifully tiled walls with a bench inside the shower. Inside, you'll find upgraded flooring, freshly painted walls, and two tankless water heaters. The backyard is an entertainer's dream, complete with a firepit and a covered patio. Additionally, beyond the privacy fence, you'll find gated RV parking and a shed with alley access. This property is a must-see!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.89
Remaining Loan Term
25 years, 7 months
Monthly PITI
$1,468.63/mo
Estimated Loan Balance
$245,910
Cash to close
$329,510
Interest Paid
$32,539

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: ChainLink, CrossFenced, Privacy, Wood
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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: Craftsman
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1924
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Sidewalks, Park
HOA
  • Has HOA: No
Location
  • Region: Riverside

Financial Details

  • Price per Sqft: $573.75
  • Tax Annual Amount: $
  • On Market Date: 2024-07-23T00:00:00.000Z
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 $329,510 (57%)
You can enter any amount below - secondary financing will cover the difference if needed.
57%
$

You cover the entire equity of $329,510!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$245,390
Your Cash:$329,510
Total Purchase Price:$574,900

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,112/mo
Traditional @ 7.5%
$1,875/mo
You save $762/month ($9,148/year)

*Secondary financing rates are an estimated value based on input

MLS ID: HD24150824

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

2.89%
7.15%

Principal & Interest

$1,112 /mo
$1,807 /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 $329,510 (57%)
You can enter any amount below - secondary financing will cover the difference if needed.
57%
$

You cover the entire equity of $329,510!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$245,390
Your Cash:$329,510
Total Purchase Price:$574,900

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,112/mo
Traditional @ 7.5%
$1,875/mo
You save $762/month ($9,148/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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