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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$649,500

($250,660 down)
FHA

3573 Ellery Drive, Riverside, CA 92503

4
2
1,356 sqft
PITI Monthly
$2,356.24 /mo

Listing courtesy of: Daniel Taylor, Compass

Assumed Rate

3.16%
7.15%

Principal & Interest

$1,880 /mo
$2,951 /mo
$62,365 in interest paid off

What's Special

LOCATION
SHOPPING
ENTERTAINMENT
SPACIOUS
MODERN
RENOVATED
STAINLESS STEEL APPLIANCES
PATIO
CUL-DE-SAC
TURNKEY
This beautifully renovated home in the tranquil La Sierra South neighborhood is ready for its next owner. Conveniently located on a quiet cul-de-sac
with an expansive front lawn and patio, the home features 4 bedrooms, 2 bathrooms, including a spacious master bedroom with its own ensuite
bathroom for added privacy and comfort. The expansive family room, updated paint, and new flooring throughout add to the modern feel. Updates
continue in the kitchen, which boasts quartz countertops, stainless steel appliances, and upgraded lighting fixtures. This home offers a tur... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.16
Remaining Loan Term
25 years, 3 months
Monthly PITI
$2,356.24/mo
Estimated Loan Balance
$400,493
Cash to close
$250,660
Interest Paid
$62,365

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Unknown
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: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1977
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $478.98
  • Tax Annual Amount: $
  • On Market Date: Sep 17, 2024
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Savings Calculator

Current cash to close is $250,660 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
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0%20%50%

You cover the entire equity of $250,660!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$398,840
Your Cash$250,660
Total Purchase Price:$649,500

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,880/mo
Traditional @ 7.15%
$3,061/mo
You save $1,181/month ($14,173/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW24180966

Listing From:

Last updated: Dec 05, 2024 05:15am

© 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

3.16%
7.15%

Principal & Interest

$1,880 /mo
$2,951 /mo
$62,365 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 $250,660 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$
0%20%50%

You cover the entire equity of $250,660!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$398,840
Your Cash$250,660
Total Purchase Price:$649,500

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,880/mo
Traditional @ 7.15%
$3,061/mo
You save $1,181/month ($14,173/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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