Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$925,000

($89,339 down)
FHA

480 W Kenoak Drive, Covina, CA 91723

4
2
1,979 sqft
PITI Monthly
$6,418.28 /mo

Listing courtesy of: RUDY LIRA KUSUMA, PARTNER Real Estate

Assumed Rate

4.99%
7.15%

Principal & Interest

$4,627 /mo
$5,829 /mo

What's Special

SHOPPING
DINING
SPACIOUS
MOVE-IN READY
FIREPLACE
PATIO
HISTORIC

Best Deal in town! This Gorgeous home is located in the highly desirable area of historic Adam Park in Covina. Move-in ready! The property features a detached garage for ADU potential, that will allow you to live in 1 unit and rent out the other. Two separate gated driveways provide ample parking, including space for an RV. As you enter the home, you are greeted by a large open floor plan in the living room, complete with a beautiful fireplace. The spacious and upgraded kitchen offers plenty of cabinet space and opens to the dining area. The living area features a wall of windows overlooking the beautiful front yard and tree-lined street, providing lots of natural light. The home boasts 4 spacious bedrooms and recessed lighting throughout. An indoor laundry room adds convenience and a new water heater was installed. Step outside to discover the expansive backyard and patio, perfect for entertaining and family gatherings. The residence is ideally positioned near downtown Covina, West Covina Mall, parks, restaurants, schools, freeways, shopping centers, markets, and dining destinations. Seize this exceptional opportunity! Schedule your viewing today – act fast, as this gem will not last long.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.99
Remaining Loan Term
27 years, 4 months
Monthly PITI
$6,418.28/mo
Estimated Loan Balance
$873,464
Cash to close
$89,339
Interest Paid
$112,598

Facts & Features

Interior

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

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: 1949
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Covina

Financial Details

  • Price per Sqft: $467.41
  • Tax Annual Amount: $11562.5
  • On Market Date: 2024-05-25T00:00:00.000Z
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 $89,339 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $89,339!

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

Loan Breakdown

Assumed Mortgage4.99% Sellers Rate
$835,661
Your Cash$89,339
Total Purchase Price:$925,000

Assumed vs Traditional Mortgage

Assumed @ 4.99%
$4,627/mo
Traditional @ 7.5%
$6,046/mo
You save $1,418/month ($17,022/year)

*Secondary financing rates are an estimated value based on input

MLS ID: WS24105430

Listing From:

Last updated: 2025-01-19T13:48:21.000Z

© , 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

4.99%
7.15%

Principal & Interest

$4,627 /mo
$5,829 /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 $89,339 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$

You cover the entire equity of $89,339!

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

Loan Breakdown

Assumed Mortgage4.99% Sellers Rate
$835,661
Your Cash$89,339
Total Purchase Price:$925,000

Assumed vs Traditional Mortgage

Assumed @ 4.99%
$4,627/mo
Traditional @ 7.5%
$6,046/mo
You save $1,418/month ($17,022/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.