Laura Jewett

Laura Jewett

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Closed

$888,888

($246,354 down)
FHA

7166 Orchard Street, Riverside, CA 92504

4
3
1,716 sqft
PITI Monthly
$5,960.95 /mo

Listing courtesy of: Michael Sanchez, WERE Real Estate

Assumed Rate

6.99%
7.15%

Principal & Interest

$4,355 /mo
$4,426 /mo

What's Special

FIREPLACE
GAME ROOM
PATIO
CHARMING
COZY

Welcome home! This charming single story home is situated on a large lot offering over 21,000 square feet and RV parking! Offering over 1,700 square feet of living space including 4 bedrooms, 2.5 bathrooms and a 3 car garage. Upon entry you are greeted by original wood flooring installed throughout providing a unique and seamless flow. The family room is flanked by a fireplace and mantel creating a cozy environment to entertain or unwind after a long day. Double doors lead to an open inviting space ideal for a game room or additional family room. All bedrooms provide ample amount of space for relaxation. Endless opportunities await on this large lot including a covered patio, a shed and multiple fruit trees including macadamia nuts, clementine, avocado, mandarin, and MORE! You do not want to miss this opportunity, schedule your private showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.99
Remaining Loan Term
29 years, 2 months
Monthly PITI
$5,960.95/mo
Estimated Loan Balance
$654,732
Cash to close
$246,354
Interest Paid
$38,026

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Decorative, FamilyRoom, Gas, Masonry
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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: 1946
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $518
  • Tax Annual Amount: $11111.1
  • On Market Date: 2024-09-14T00:00:00.000Z
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 $246,354 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $246,354!

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

Loan Breakdown

Assumed Mortgage6.99% Sellers Rate
$642,534
Your Cash$246,354
Total Purchase Price:$888,888

Assumed vs Traditional Mortgage

Assumed @ 6.99%
$4,355/mo
Traditional @ 7.5%
$4,591/mo
You save $236/month ($2,827/year)

*Secondary financing rates are an estimated value based on input

MLS ID: TR24191611

Listing From:

Last updated: 2024-09-30T17:52:40.000Z

© , 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

6.99%
7.15%

Principal & Interest

$4,355 /mo
$4,426 /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 $246,354 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $246,354!

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

Loan Breakdown

Assumed Mortgage6.99% Sellers Rate
$642,534
Your Cash$246,354
Total Purchase Price:$888,888

Assumed vs Traditional Mortgage

Assumed @ 6.99%
$4,355/mo
Traditional @ 7.5%
$4,591/mo
You save $236/month ($2,827/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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