Dan Kaercher

Dan Kaercher

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Closed

$635,000

($139,592 down)
FHA

5151 Peacock Lane, Riverside, CA 92505

3
2
1,492 sqft
PITI Monthly
$4,374.62 /mo

Listing courtesy of: Denese Lopez, Century 21 Cornerstone

Assumed Rate

6.99%
7.15%

Principal & Interest

$3,318 /mo
$3,372 /mo

What's Special

REMODELED
LOCATION
SERENE
MOVE-IN READY
MODERN
RENOVATED
HOME OFFICE
PATIO

Welcome to this entertainer’s paradise, nestled in the highly sought-after La Sierra community of Riverside. This home boasts numerous recent upgrades, both inside and out. The expansive, newly renovated patio is equipped with ceiling fans, ensuring comfort during warm summer days. A climate-controlled, upgraded "she-shed" offers versatile use as a home office, gym, or children's playroom. The thoughtfully placed fruit trees flourish seasonally, providing an abundance of fresh produce. The backyard showcases newly installed hardscape and decorative quartz rock, creating a serene space perfect for relaxing in a hammock or fine-tuning your putting skills. Quartz rock also lines the newly constructed walkways on both sides of the home, seamlessly connecting the front and backyards. Significant upgrades within the past five years include a new roof, kitchen, windows, electrical panel, copper plumbing, central air/heat system, and a remodeled bathroom shower. Water softener/reverse osmosis system installed recently will be left for new buyers to enjoy. This home is truly move-in ready— modern comfort and style in an exceptional location.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.99
Remaining Loan Term
29 years, 2 months
Monthly PITI
$4,374.62/mo
Estimated Loan Balance
$497,111
Cash to close
$139,592
Interest Paid
$28,968

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom, WoodBurning
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Unknown
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: Unknown
Condition
  • Year Built: 1956
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $425.6
  • Tax Annual Amount: $7937.5
  • On Market Date: 2025-02-21T00:00:00.000Z
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 $139,592 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $139,592!

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

Loan Breakdown

Assumed Mortgage6.99% Sellers Rate
$495,408
Your Cash$139,592
Total Purchase Price:$635,000

Assumed vs Traditional Mortgage

Assumed @ 6.99%
$3,318/mo
Traditional @ 7.5%
$3,497/mo
You save $179/month ($2,154/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW25035040

Listing From:

Last updated: 2025-03-26T18:51:04.000Z

© , 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

$3,318 /mo
$3,372 /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 $139,592 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $139,592!

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

Loan Breakdown

Assumed Mortgage6.99% Sellers Rate
$495,408
Your Cash$139,592
Total Purchase Price:$635,000

Assumed vs Traditional Mortgage

Assumed @ 6.99%
$3,318/mo
Traditional @ 7.5%
$3,497/mo
You save $179/month ($2,154/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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