Dan Kaercher

Dan Kaercher

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Closed

$579,900

($378,372 down)
FHA

6470 Dorinda Drive, Riverside, CA 92503

4
2
1,811 sqft
PITI Monthly
$1,227.6 /mo

Listing courtesy of: Nicole Bezi, KELLER WILLIAMS EMPIRE ESTATES

Assumed Rate

2.98%
7.15%

Principal & Interest

$908 /mo
$1,458 /mo

What's Special

MINUTES AWAY
SHOPPING
ENTERTAINMENT
SPACIOUS
HOME OFFICE
QUIET NEIGHBORHOOD

This single-story gem is a fantastic opportunity for first-time buyers or those looking for a peaceful community. RV Parking potential! Situated on a spacious corner lot, this home is one of the largest in the neighborhood, offering plenty of potential and versatility. A large bonus room adds to the abundant living space, making it perfect for a playroom, home office, or additional entertainment area. Featuring 4 bedrooms and 2 bathrooms, this home provides plenty of room for growing families or those who need extra space for guests and hobbies. The open floor plan ensures a bright and inviting atmosphere, with natural light flowing through the main living areas. With just a little TLC, this house can be transformed into the perfect home for your family. Key updates have already been made, including a new air conditioner, a new furnace, and a newer roof. These upgrades offer peace of mind, lower utility bills, and added value, allowing you to focus on personalizing the space to your taste. Located close to local schools, shopping centers, and parks, this home provides both convenience and comfort. Enjoy the tranquility of a quiet neighborhood while still being minutes away from everything you need. This property is a rare find and won't last long. Don't miss out on the opportunity! Call to preview! See you in escrow!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.98
Remaining Loan Term
26 years, 5 months
Monthly PITI
$1,227.6/mo
Estimated Loan Balance
$202,745
Cash to close
$378,372
Interest Paid
$22,194

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Frame, Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, LivingRoom
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Block, Vinyl, Wood
Roof
  • Roof: Composition, Shingle
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: Traditional
Materials
  • Frame, Stucco
  • Roof: Composition, Shingle
Condition
  • Year Built: 1967
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $320.21
  • Tax Annual Amount: $
  • On Market Date: 2024-09-10T00:00:00.000Z
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 $378,372 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $378,372!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$201,528
Your Cash:$378,372
Total Purchase Price:$579,900

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$908/mo
Traditional @ 7.5%
$1,513/mo
You save $605/month ($7,256/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV24186519

Listing From:

Last updated: 2024-12-19T05:48:24.000Z

© , 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

2.98%
7.15%

Principal & Interest

$908 /mo
$1,458 /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 $378,372 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $378,372!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$201,528
Your Cash:$378,372
Total Purchase Price:$579,900

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$908/mo
Traditional @ 7.5%
$1,513/mo
You save $605/month ($7,256/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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