Dan Kaercher

Dan Kaercher

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Closed

$650,000

($158,643 down)
FHA

3851 San Marcos Avenue, Riverside, CA 92504

4
2
1,683 sqft
PITI Monthly
$3,256.83 /mo

Listing courtesy of: MILES TURNER, Windermere Tower Properties

Assumed Rate

4.98%
7.15%

Principal & Interest

$2,729 /mo
$3,442 /mo

What's Special

REMODELED
SPACIOUS
MODERN
FIREPLACE
VAULTED CEILINGS
PATIO

This quaint, cottage-style home has been updated with modern improvements while still maintaining the charm instilled in its original construction. Just inside the farmhouse-style door lies the completely remodeled custom kitchen. Topped with elegant white quartz counter tops, the custom black cabinetry provides a striking complimentary contrast throughout. Thoughtfully designed for presentation and function, the kitchen utilizes every inch of the kitchen footprint, integrating cabinetry along the wall spans and including a window bench seat. The center island with bar seating fans out to the adjacent family room, connecting the two spaces. The original wood floors, ample natural light, and a stately brick fireplace create a warm and inviting space to compliment the kitchen. The natural wood floors run down the first-floor hall to the recently remodeled bathroom. Highlights include a tiled shower stall, newer vanity, tile flooring, and a glass shower enclosure. Two bedrooms complete the first floor. Bathed in natural light, the primary bedroom is spacious with vaulted ceilings and the original wood floors. On the opposing side of the second floor, with no shared walls, is the fourth bedroom. Outside, the expansive yard is punctuated by a mature olive tree that lends its shade to the lawn below. A fire pit and covered patio offer options to entertain or relax. A harmonious blend of charm and modern living, this home is a must see.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.98
Remaining Loan Term
27 years, 2 months
Monthly PITI
$3,256.83/mo
Estimated Loan Balance
$493,411
Cash to close
$158,643
Interest Paid
$70,403

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: LapSiding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
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: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Cottage
Materials
  • LapSiding
  • Roof: Composition
Condition
  • Year Built: 1952
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $386.22
  • Tax Annual Amount: $
  • On Market Date: 2024-10-15T00:00:00.000Z
Inquire about this property

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Savings Calculator

Current cash to close is $158,643 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $158,643!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$491,357
Your Cash$158,643
Total Purchase Price:$650,000

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$2,729/mo
Traditional @ 7.5%
$3,570/mo
You save $841/month ($10,089/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV24213556

Listing From:

Last updated: 2024-12-10T17:11:33.000Z

© , 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

4.98%
7.15%

Principal & Interest

$2,729 /mo
$3,442 /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 $158,643 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $158,643!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$491,357
Your Cash$158,643
Total Purchase Price:$650,000

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$2,729/mo
Traditional @ 7.5%
$3,570/mo
You save $841/month ($10,089/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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