Dan Kaercher

Dan Kaercher

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Closed

$515,000

($117,335 down)
FHA

620 Prospect Avenue, Riverside, CA 92507

3
3
1,484 sqft
PITI Monthly
$2,880.68 /mo

Listing courtesy of: Jesse Barocio, Century 21 Realty Masters

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,844 /mo
$2,978 /mo

What's Special

LOCATION
SHOPPING

AMAZING POOL HOME..GREAT LOCATION.. THIS HORSE PROPERTY SITS ON 12,197 SFT LOT.WITH THREE BEDROOMS AND THREE FULL BATHROOMS,BEAUTIFUL KITCHEN WITH GRANITE COUNTER TOPS AND ISLAND,PLENTY OF BACK YARD TO CREATE A BEAUTIFUL RESORT SYLE.PROPERTY HAS A VERY LARGE BASEMENT WITH KITCHEN AND FULL BATHROOM. REAR CAR ENTRANCE FOR ADDITIONAL PARKING .CLOSE TO UNIVERSITY OF CALIFORNIA RIVERSIDE,FREEWAYS,SHOPPING CENTERS,SCHOOLS AND MUCH MORE!THIS AMAZING HOME HAS LOTS OF POTENTIAL.IT WILL NOT LAST! A MUST SEE!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 6 months
Monthly PITI
$2,880.68/mo
Estimated Loan Balance
$433,228
Cash to close
$117,335
Interest Paid
$55,529

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, WoodBurning
  • Flooring: Laminate, Vinyl

Exterior

Fencing
  • Fencing: ExcellentCondition, Privacy, Vinyl, Wood
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTank
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: InGround, Private

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1947
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: HorseTrails, Park, StreetLights
HOA
  • Has HOA: No
Location
  • Region: Riverside

Financial Details

  • Price per Sqft: $347.04
  • Tax Annual Amount: $6437.5
  • On Market Date: 2025-02-12T00:00:00.000Z
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 $117,335 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $117,335!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$397,665
Your Cash$117,335
Total Purchase Price:$515,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,844/mo
Traditional @ 7.5%
$3,089/mo
You save $1,244/month ($14,930/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW25032115

Listing From:

Last updated: 2025-03-30T22:50:08.000Z

© , 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

2.94%
7.15%

Principal & Interest

$1,844 /mo
$2,978 /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 $117,335 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $117,335!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$397,665
Your Cash$117,335
Total Purchase Price:$515,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,844/mo
Traditional @ 7.5%
$3,089/mo
You save $1,244/month ($14,930/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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