Dan Kaercher

Dan Kaercher

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Closed

$615,000

($159,870 down)
FHA

4140 Manchester Place, Riverside, CA 92503

4
2
1,550 sqft
PITI Monthly
$3,161.61 /mo

Listing courtesy of: Edward Medina, eHomes

Assumed Rate

5.52%
7.15%

Principal & Interest

$2,663 /mo
$3,161 /mo

What's Special

SHOPPING
AFFORDABLE

Affordable family home with much potential in a lovely family neighborhood. Owner added permitted 4th bedroom and bath to a total of 1550 square feet. A partition has also been added to create a 5th bedroom (but not permitted). Lovely large rear yard with 2 storage sheds and a gated play area as well as a gated dog run for the family pets. The kitchen and bathrooms have been updated with beautiful granite and ceramic tile. Pergo wood flooring and recessed lighting is throughout the house. Close to schools, shopping and hospitals. Ample parking in the large driveway. This house is ready for a large family.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.52
Remaining Loan Term
27 years, 4 months
Monthly PITI
$3,161.61/mo
Estimated Loan Balance
$455,698
Cash to close
$159,870
Interest Paid
$67,677

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Unknown
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: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Contemporary
Materials
  • LapSiding, Plaster
  • Roof: Composition
Condition
  • Year Built: 1956
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Park, StormDrains, StreetLights, Suburban, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Riverside

Financial Details

  • Price per Sqft: $396.77
  • Tax Annual Amount: $
  • On Market Date: 2024-08-19T00:00:00.000Z
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 $159,870 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $159,870!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$455,130
Your Cash$159,870
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$2,663/mo
Traditional @ 7.5%
$3,279/mo
You save $616/month ($7,388/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV24172194

Listing From:

Last updated: 2024-12-10T17:27:43.000Z

© , 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

5.52%
7.15%

Principal & Interest

$2,663 /mo
$3,161 /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 $159,870 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $159,870!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$455,130
Your Cash$159,870
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$2,663/mo
Traditional @ 7.5%
$3,279/mo
You save $616/month ($7,388/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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