Laura Jewett

Laura Jewett

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Closed

$717,800

($101,627 down)
VA

7906 Montecito Lane, Riverside, CA 92507

4
2
1,781 sqft
PITI Monthly
$3,707.5 /mo

Listing courtesy of: MICHELE HERRING, REDFIN

Assumed Rate

2.88%
7.15%

Principal & Interest

$2,744 /mo
$4,464 /mo

What's Special

DINING
SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
WALK-IN CLOSET
PATIO
MOUNTAIN VIEWS
NO HOA

Welcome to this stunning 4-bedroom, 2-bathroom single-story home, offering 1,781 sq ft of exquisite living space on a generous 7,597 sq ft lot. The home features an attached 2-car garage and the added benefit of no HOA. Enter inside to a breathtaking open kitchen that seamlessly flows into the living and dining areas, perfect for entertaining. The kitchen boasts a large island, gleaming stainless steel appliances, and elegant white cabinetry, creating a modern yet inviting atmosphere. The spacious primary suite is a true retreat, complete with an ensuite bathroom and a walk-in closet. One of the standout features of this home is the advanced solar panel system. Installed with a substantial number of panels to support an electric car, this system ensures ample energy supply. With double the amount of panels typically found in similar homes, it adds significant value and savings on electricity bills. Outside, the backyard is a private oasis with stunning mountain views and a covered concrete patio equipped with a fan, ideal for relaxing and enjoying the outdoors. Additionally, the backyard has ample space for adding a detached 800 sq ft ADU. Potential buyers should conduct their own due diligence regarding ADU permits and regulations. This exceptional home is waiting for you to make it your own. Don't miss out on this unique opportunity!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.88
Remaining Loan Term
26 years, 4 months
Monthly PITI
$3,707.5/mo
Estimated Loan Balance
$618,694
Cash to close
$101,627
Interest Paid
$67,073

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir, ENERGYSTARQualifiedEquipment, HumidityControl, HighEfficiency, WholeHouseFan, AtticFan
  • Heating: Central, ENERGYSTARQualifiedEquipment, HighEfficiency, NaturalGas, Solar
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Wood

Exterior

Fencing
  • Fencing: ExcellentCondition, Privacy, Vinyl
Roof
  • Roof: Concrete, Tile
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: Concrete, Tile
Condition
  • Year Built: 2020
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, DogPark, Foothills, Hiking, HorseTrails, Park, StreetLights, Suburban, Sidewalks, Urban
HOA
  • Has HOA: No
Location
  • Region: Riverside

Financial Details

  • Price per Sqft: $403.03
  • Tax Annual Amount: $8972.5
  • On Market Date: 2024-08-02T00:00:00.000Z
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 $101,627 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $101,627!

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

Loan Breakdown

Assumed Mortgage2.88% Sellers Rate
$616,173
Your Cash$101,627
Total Purchase Price:$717,800

Assumed vs Traditional Mortgage

Assumed @ 2.88%
$2,744/mo
Traditional @ 7.5%
$4,630/mo
You save $1,886/month ($22,637/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV24159320

Listing From:

Last updated: 2024-09-18T15:43:50.000Z

© , 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

2.88%
7.15%

Principal & Interest

$2,744 /mo
$4,464 /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 $101,627 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $101,627!

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

Loan Breakdown

Assumed Mortgage2.88% Sellers Rate
$616,173
Your Cash$101,627
Total Purchase Price:$717,800

Assumed vs Traditional Mortgage

Assumed @ 2.88%
$2,744/mo
Traditional @ 7.5%
$4,630/mo
You save $1,886/month ($22,637/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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