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Closed
Closed

$620,000

($212,068 down)
FHA

1401 Mckimball Road, Perris, CA 92570

4
2
2,003 sqft
PITI Monthly
$2,340.27 /mo

Listing courtesy of: BRENDA WOLFE, COLDWELL BANKER REALTY

Assumed Rate

2.89%
7.15%

Principal & Interest

$1,857 /mo
$3,017 /mo
$55,293 in interest paid off

What's Special

SHOPPING
DINING
FIREPLACE
This single-story ranch-style Perris property offers a perfect balance of space and privacy. The nearly 30,000 sq ft lot is fully usable and has been
thoughtfully designed with the owner in mind. The 4 bedroom, 2 bathroom open has an open floorplan. The entry living room includes a woodburning
brick fireplace and space to relax or entertain. The kitchen is the center point of the home and is open to the dining room and the additional living
room. The main bedroom includes a full bathroom and is located privately away from the other bedrooms in the house. The 3 guest bedr... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.89
Remaining Loan Term
25 years, 6 months
Monthly PITI
$2,340.27/mo
Estimated Loan Balance
$410,544
Cash to close
$212,068
Interest Paid
$55,293

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom, Gas
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • 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
  • Stucco
  • Roof: Tile
Condition
  • Year Built: 1986
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Gutters, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Perris

Financial Details

  • Price per Sqft: $309.54
  • Tax Annual Amount: $
  • On Market Date: Oct 11, 2024
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Savings Calculator

Current cash to close is $212,068 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$
0%20%50%

You cover the entire equity of $212,068!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$407,932
Your Cash$212,068
Total Purchase Price:$620,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,857/mo
Traditional @ 7.15%
$3,130/mo
You save $1,273/month ($15,273/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV24197311

Listing From:

Last updated: Dec 06, 2024 08:42pm

© 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

2.89%
7.15%

Principal & Interest

$1,857 /mo
$3,017 /mo
$55,293 in interest paid off
Inquire about this property
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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 $212,068 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$
0%20%50%

You cover the entire equity of $212,068!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$407,932
Your Cash$212,068
Total Purchase Price:$620,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,857/mo
Traditional @ 7.15%
$3,130/mo
You save $1,273/month ($15,273/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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