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Closed
Closed

$395,000

($146,259 down)
VA

1161 W 7th Street, Perris, CA 92570

2
2
1,440 sqft
PITI Monthly
$1,715.59 /mo

Listing courtesy of: Shari Dawes, Drive Real Estate, Inc.

Assumed Rate

3.08%
7.15%

Principal & Interest

$1,150 /mo
$1,824 /mo
$31,887 in interest paid off

What's Special

MODERN
CUL-DE-SAC
SAFE
SOLAR PANELS
Nestled in a private & peaceful cul-de-sac, with no rear neighbors, this 2 bedroom, 2.5 bathroom manufactured home sits on a permanent foundation
offering exceptional comfort, convenience, & value, with the potential to convert some of the living space into a 3rd bedroom. This home is a
showcase of sustainability and modern convenience, designed for energy efficiency and peace of mind. Featuring 18 paid solar panels, you can enjoy
significantly reduced energy costs. A whole-house generator ensures uninterrupted power, offering reliability during unexpected outages. ... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.08
Remaining Loan Term
26 years, 0 months
Monthly PITI
$1,715.59/mo
Estimated Loan Balance
$249,760
Cash to close
$146,259
Interest Paid
$31,887

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Wood
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: ManufacturedOnLand
  • Architectural Style: Bungalow
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1975
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Rural
HOA
  • Has HOA: No
Location
  • Region: Perris

Financial Details

  • Price per Sqft: $274.31
  • Tax Annual Amount: $4937.5
  • On Market Date: Jan 20, 2025
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Savings Calculator

Current cash to close is $146,259 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$
0%20%50%

You cover the entire equity of $146,259!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$248,741
Your Cash$146,259
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,150/mo
Traditional @ 7.15%
$1,892/mo
You save $742/month ($8,899/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW25013635

Listing From:

Last updated: Apr 29, 2025 04:15am

© 2025, 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

3.08%
7.15%

Principal & Interest

$1,150 /mo
$1,824 /mo
$31,887 in interest paid off
Inquire about this property
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​
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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 $146,259 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$
0%20%50%

You cover the entire equity of $146,259!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$248,741
Your Cash$146,259
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,150/mo
Traditional @ 7.15%
$1,892/mo
You save $742/month ($8,899/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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