Dan Kaercher

Dan Kaercher

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Closed

$677,000

($95,695 down)
FHA

5979 Londonderry Drive, Riverside, CA 92504

3
3
1,673 sqft
PITI Monthly
$4,280.61 /mo

Listing courtesy of: DEANNA VELA, REAL ESTATE MASTERS GROUP

Assumed Rate

6.43%
7.15%

Principal & Interest

$3,697 /mo
$3,979 /mo

What's Special

WALK-IN CLOSET
PATIO
COZY

This lovely single story home invites you to step inside past the nice front porch and it includes 3 bedrooms and 3 bathrooms on a good sized lot with an oversized garage. Along with many original custom characteristics, there are many newer upgrades throughout the home including: updated kitchen, updated bathrooms, updated hardware throughout, newer roof, updated electrical panel to include service for a a junior ADU, approved plans for the junior ADU garage conversion (see supplements with 60k completed so far), newer carpet in 2 bedrooms, closet and hallway, newer light switches and electrical outlets throughout with USB stations, new hardware on doors, newer faucets and shower heads, new water regulator, Pergola was permitted, EV charging outlet outside, 10x12 foot custom shed. Other great features include wood floors throughout most of the home, a separate laundry room, a quaint bonus room/enclosed sun room with a murphy bed, a walk-in closet, a large patio area in the back for entertaining. Lots of possibilities with the oversized garage and junior ADU plans. The lush mature landscape adds shade in front and there is a long gated driveway with possibilities for RV parking as well. This cozy neighborhood is located in the Grand Area and less than a half mile to the Woods. Close to Mt. Rubidoux Park, The Mission Inn as well as Riverside Community Hospital in the heart of Riverside.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.43
Remaining Loan Term
28 years, 3 months
Monthly PITI
$4,280.61/mo
Estimated Loan Balance
$582,459
Cash to close
$95,695
Interest Paid
$65,663

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Block, Wood
Roof
  • Roof: Shingle, Shake
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: Craftsman
Materials
  • Unknown
  • Roof: Shingle, Shake
Condition
  • Year Built: 1955
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $404.66
  • Tax Annual Amount: $
  • 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.

Apply now

Savings Calculator

Current cash to close is $95,695 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $95,695!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$581,305
Your Cash$95,695
Total Purchase Price:$677,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$3,697/mo
Traditional @ 7.5%
$4,127/mo
You save $431/month ($5,169/year)

*Secondary financing rates are an estimated value based on input

MLS ID: EV24156919

Listing From:

Last updated: 2024-12-05T03:42:49.000Z

© , 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

6.43%
7.15%

Principal & Interest

$3,697 /mo
$3,979 /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 $95,695 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $95,695!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$581,305
Your Cash$95,695
Total Purchase Price:$677,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$3,697/mo
Traditional @ 7.5%
$4,127/mo
You save $431/month ($5,169/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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