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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$555,000

($459,280 down)
FHA

7364 Reche Canyon Road, Colton, CA 92324

4
3
1,794 sqft
PITI Monthly
$1,001.98 /mo

Listing courtesy of: Jennifer Faris, Keller Williams Realty Riv

Assumed Rate

5%
7.15%

Principal & Interest

$738 /mo
$928 /mo
$89,069 in interest paid off

What's Special

SHOPPING
FIREPLACE
WALK-IN CLOSET
PATIO
Ranch style living, horse property with a detached 2 car garage with a extra room with a/c. This 3 bedroom plus office or 4th bedroom features a
fireplace and vaulted ceiling with large covered front porch for those cool moon light evenings. All bedrooms have a walk-in closet. Large laundry room
off the kitchen and door to the backyard. The front yard has a fenced, circular driveway with tons of parking for all the toys, RV or build your horse
coral. The backyard has a covered patio just waiting for your garden, entertainers vision or small farm maybe some chickens? The gara... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5
Remaining Loan Term
14 years, 11 months
Monthly PITI
$1,001.98/mo
Estimated Loan Balance
$96,394
Cash to close
$459,280
Interest Paid
$89,069

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: EnergyStarQualifiedEquipment
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: ChainLink, SplitRail
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Private, Well
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: ManufacturedOnLand
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2004
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Rural, Valley
HOA
  • Has HOA: No
Location
  • Region: Colton

Financial Details

  • Price per Sqft: $309.36
  • Tax Annual Amount: $
  • On Market Date: Sep 09, 2024
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Savings Calculator

Current cash to close is $459,280 (83%)
You can enter any amount below - secondary financing will cover the difference if needed.
83%
$
0%20%50%

You cover the entire equity of $459,280!

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

Loan Breakdown

Assumed Mortgage5% Sellers Rate
$95,720
Your Cash:$459,280
Total Purchase Price:$555,000

Assumed vs Traditional Mortgage

Assumed @ 5%
$738/mo
Traditional @ 7.15%
$963/mo
You save $225/month ($2,701/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG24183603

Listing From:

Last updated: Nov 08, 2024 09:18pm

© 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

5%
7.15%

Principal & Interest

$738 /mo
$928 /mo
$89,069 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 $459,280 (83%)
You can enter any amount below - secondary financing will cover the difference if needed.
83%
$
0%20%50%

You cover the entire equity of $459,280!

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

Loan Breakdown

Assumed Mortgage5% Sellers Rate
$95,720
Your Cash:$459,280
Total Purchase Price:$555,000

Assumed vs Traditional Mortgage

Assumed @ 5%
$738/mo
Traditional @ 7.15%
$963/mo
You save $225/month ($2,701/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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