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Closed
Closed

$599,900

($89,136 down)
FHA

7725 Terra Manor Street, Riverside, CA 92507

3
3
1,566 sqft
PITI Monthly
$4,420.8 /mo

Listing courtesy of: LIV CAMACHO, MICHAEL HAYES, BROKER

Assumed Rate

6.36%
7.15%

Principal & Interest

$3,242 /mo
$3,515 /mo
$73,529 in interest paid off

What's Special

DINING
LUXURY
LANDSCAPED
SOLAR IS PAID OFF NO MONTHLY ADDITIONAL PAYMENT!! Lovely two-story Farmhouse style home.
Three bedroom 2.5 bath. Open space great room with open dining and kitchen. Beautiful white cabinets, Granite countertop, single basin sink with pull
out faucet, Built in Cooktop and single oven. Luxury vinyl plank and designer textured carpet. Halo-Led air purifier built in. The front yard is fully
landscaped in drought tolerant material and includes an automatic drip watering system. SPRING MOUNTAIN RANCH AREA.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.36
Remaining Loan Term
27 years, 9 months
Monthly PITI
$4,420.8/mo
Estimated Loan Balance
$511,296
Cash to close
$89,136
Interest Paid
$73,529

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir, EnergyStarQualifiedEquipment
  • Heating: Central, EnergyStarQualifiedEquipment
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Masonry, Vinyl
Roof
  • Roof: Concrete
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: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Concrete
Condition
  • Year Built: 2022
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Suburban
HOA
  • Has HOA: Yes
  • HOA Name: Prime Assocation
  • HOA Amenities: Unknown
  • HOA Fee: $122
  • HOA Frequency: $Monthly
Location
  • Region: Riverside

Financial Details

  • Price per Sqft: $383.08
  • Tax Annual Amount: $7498.75
  • On Market Date: Jul 22, 2024
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Savings Calculator

Current cash to close is $89,136 (15%)
You can enter any amount below - secondary financing will cover the difference if needed.
15%
$
0%20%50%

You cover the entire equity of $89,136!

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

Loan Breakdown

Assumed Mortgage6.36% Sellers Rate
$510,764
Your Cash$89,136
Total Purchase Price:$599,900

Assumed vs Traditional Mortgage

Assumed @ 6.36%
$3,242/mo
Traditional @ 7.15%
$3,646/mo
You save $404/month ($4,852/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV24142453

Listing From:

Last updated: Apr 11, 2025 12:43am

© 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

6.36%
7.15%

Principal & Interest

$3,242 /mo
$3,515 /mo
$73,529 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 $89,136 (15%)
You can enter any amount below - secondary financing will cover the difference if needed.
15%
$
0%20%50%

You cover the entire equity of $89,136!

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

Loan Breakdown

Assumed Mortgage6.36% Sellers Rate
$510,764
Your Cash$89,136
Total Purchase Price:$599,900

Assumed vs Traditional Mortgage

Assumed @ 6.36%
$3,242/mo
Traditional @ 7.15%
$3,646/mo
You save $404/month ($4,852/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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