Laura Jewett

Laura Jewett

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Closed

$620,000

($487,682 down)
FHA

8538 Trey Avenue, Riverside, CA 92503

4
2
1,687 sqft
PITI Monthly
$1,806.77 /mo

Listing courtesy of: YUKARY PARDO, HOMEQUEST REAL ESTATE

Assumed Rate

3.91%
7.15%

Principal & Interest

$865 /mo
$1,238 /mo

What's Special

SPACIOUS
CHARMING

Welcome to 8538 Trey Ave! This charming 4-bedroom, 2-bathroom home sits on a spacious 12,000 sq ft lot, offering plenty of room to create your perfect outdoor oasis. Ideally located near the 91 and 15 freeways, you’ll enjoy both convenience and comfort. With a newer AC unit and limitless potential, this home is ready for you to make it your own. Don’t miss out—schedule a tour today and explore all the possibilities that await!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.91
Remaining Loan Term
17 years, 2 months
Monthly PITI
$1,806.77/mo
Estimated Loan Balance
$137,725
Cash to close
$487,682
Interest Paid
$79,714

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1945
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $367.52
  • Tax Annual Amount: $7750
  • On Market Date: 2024-10-21T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $487,682 (79%)
You can enter any amount below - secondary financing will cover the difference if needed.
79%
$

You cover the entire equity of $487,682!

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

Loan Breakdown

Assumed Mortgage3.91% Sellers Rate
$132,318
Your Cash:$487,682
Total Purchase Price:$620,000

Assumed vs Traditional Mortgage

Assumed @ 3.91%
$865/mo
Traditional @ 7.5%
$1,284/mo
You save $418/month ($5,021/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV24218402

Listing From:

Last updated: 2025-03-04T20:18:46.000Z

© , 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

3.91%
7.15%

Principal & Interest

$865 /mo
$1,238 /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 $487,682 (79%)
You can enter any amount below - secondary financing will cover the difference if needed.
79%
$

You cover the entire equity of $487,682!

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

Loan Breakdown

Assumed Mortgage3.91% Sellers Rate
$132,318
Your Cash:$487,682
Total Purchase Price:$620,000

Assumed vs Traditional Mortgage

Assumed @ 3.91%
$865/mo
Traditional @ 7.5%
$1,284/mo
You save $418/month ($5,021/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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