Laura Jewett

Laura Jewett

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Closed

$760,000

($166,322 down)
VA

4670 Cover Street, Riverside, CA 92506

3
2
2,064 sqft
PITI Monthly
$4,132.22 /mo

Listing courtesy of: SCOTT TUCKER, PROVIDENCE REALTY

Assumed Rate

6.81%
7.15%

Principal & Interest

$3,916 /mo
$4,052 /mo

What's Special

DINING
SPACIOUS
HARDWOOD FLOORS
GRANITE COUNTERTOPS
FIREPLACE
WALK-IN CLOSET
PATIO
LANDSCAPED

Want to make money while living in your dream home! Then you will enjoy living in this beautifully appointed home that is right in the heart of Riverside, only five minutes to the downtown area. This stunning home includes 3 bedrooms and 2 full bathrooms in the main house, a detached garage, RV parking area (complete with 50amp electrical outlet) and a detached 400 square-foot ADU with its own separate gated parking area. The front of the main house boasts a beautiful landscaped lawn with a brick planter and a covered front porch that spans the entire width of the house. A great place to sit and enjoy a cold glass of your favorite beverage! As you enter the house you will feel right at home with large front windows, hardwood floors, and a wood-burning fireplace. This home also includes a formal dining room with hardwood floors and crown molding. The kitchen is a wonder with granite counter tops, stainless steel double ovens, 4- burner downdraft cooktop, a dishwasher and breakfast bar that overlooks the spacious great room. Through the great room you will have direct access to the back patio through double French doors. All bedrooms are carpeted and include features such as overheard ceiling fans with lights and sliding closet doors. The expansive main bedroom will blow you away with wheelchair accessible bedroom and bathroom doors and its own access to the back patio through an additional set of double French doors. You will feel as though you were at the spa in the main bathroom, with double sinks, granite countertops and walk-in shower. In the main bedroom walk-in closet you will find plenty of built-in storage for all your clothing and shoe displays. The backyard offers a large green lawn, plant beds, automatic sprinklers, and is where the private ADU is located. The back patio is completely covered and features sky-lights, ceiling fans, and is wired for your surround sound system. You will have no worries with the home's brand new 30 year roof. Do yourself a favor and visit Mt. View Park located at the end of the street. You better hurry as this house is a classic Riverside home that checks all of the boxes.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.81
Remaining Loan Term
28 years, 5 months
Monthly PITI
$4,132.22/mo
Estimated Loan Balance
$594,762
Cash to close
$166,322
Interest Paid
$64,183

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: GreatRoom, WoodBurning
  • Flooring: Carpet, Tile, Wood

Exterior

Fencing
  • Fencing: Block, Wood
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: 1949
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $368.22
  • Tax Annual Amount: $
  • On Market Date: 2024-07-02T00:00:00.000Z
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 $166,322 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $166,322!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$593,678
Your Cash$166,322
Total Purchase Price:$760,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$3,916/mo
Traditional @ 7.5%
$4,204/mo
You save $288/month ($3,456/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV24109385

Listing From:

Last updated: 2024-11-20T23:55:26.000Z

© , 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

6.81%
7.15%

Principal & Interest

$3,916 /mo
$4,052 /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 $166,322 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $166,322!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$593,678
Your Cash$166,322
Total Purchase Price:$760,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$3,916/mo
Traditional @ 7.5%
$4,204/mo
You save $288/month ($3,456/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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