Dan Kaercher

Dan Kaercher

(480) 202-1789
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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed

$750,000

($117,620 down)
FHA

622 W Main Street, Riverside, CA 92507

5
3
1,604 sqft
PITI Monthly
$5,725.92 /mo

Listing courtesy of: Mario Gonzalez, Rise Realty

Assumed Rate

7.07%
7.15%

Principal & Interest

$4,276 /mo
$4,311 /mo
$67,204 in interest paid off

What's Special

OPEN CONCEPT
MODERN
QUIET NEIGHBORHOOD

SAVVY BUYERS WANTED ! ** * HUGE HALF ACRE LOT / with PERMITTED 1,344 SQFT 2ND BUILDING. Utilities on 2nd Building include : Water / Water-Heater, Electricity, BlackWater plumbing (* ADU ?!? ) + MAIN HOME 5 BEDROOM 2.5 BATH HOME + 2 Car Attached Garage - with space to grow. PLUS, - RV HOOKUPS. Property Has SEPARATE GATED ENTRACE off Arliss Street. Live Close to Downtown, Restaurants, Night Life , Museums, etc, etc, but Located in Quiet Neighborhood. Plenty of Room to Grow. MODERN OPEN CONCEPT for ease in Decorating and Designing Living Spaces. ENTERTAINER'S DELIGHT. Excellent Investment Property for both Owner Occupied AND as Rental Property. EXTRA ORDINARY OPPORTUNITY FOR THE SAVVY BUYER.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.07
Remaining Loan Term
28 years, 6 months
Monthly PITI
$5,725.92/mo
Estimated Loan Balance
$633,471
Cash to close
$117,620
Interest Paid
$67,204

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Drywall
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: AverageCondition, Vinyl, Wood
Roof
  • Roof: Composition, Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: SepticTypeUnknown
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Ranch
Materials
  • Drywall
  • Roof: Composition, Shingle
Condition
  • Year Built: 1971
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $467.58
  • Tax Annual Amount: $9375
  • On Market Date: 2024-09-19T00:00:00.000Z
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 $117,620 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $117,620!

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

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$632,380
Your Cash$117,620
Total Purchase Price:$750,000

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$4,276/mo
Traditional @ 7.5%
$4,471/mo
You save $195/month ($2,342/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG24191723

Listing From:

Last updated: 2024-11-05T01:00:49.000Z

© , 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

7.07%
7.15%

Principal & Interest

$4,276 /mo
$4,311 /mo
$67,204 in interest paid off
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 $117,620 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $117,620!

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

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$632,380
Your Cash$117,620
Total Purchase Price:$750,000

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$4,276/mo
Traditional @ 7.5%
$4,471/mo
You save $195/month ($2,342/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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