Elise Fay

Elise Fay

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$585,000

($284,606 down)
VA

12820 Gerrard Street, Moreno Valley, CA 92553

4
3
2,079 sqft
PITI Monthly
$2,127.91 /mo

Listing courtesy of: Rogelio Sanchez, Keller Williams SELA

Assumed Rate

2.9%
7.15%

Principal & Interest

$1,352 /mo
$2,194 /mo

What's Special

DINING
SPACIOUS
FIREPLACE
MASTER SUITE
DOUBLE VANITY
SOAKING TUB
SEPARATE SHOWER
COZY

This spacious two-story home offers the perfect blend of comfort and functionality. The downstairs features a welcoming living room, a cozy family room with a fireplace, a formal dining room for entertaining, a well-appointed kitchen, a versatile office/bedroom, and a convenient full bathroom with side yard access. Upstairs, you'll find three generous bedrooms, a shared full bathroom, and a fourth bedroom/master suite. The master suite boasts a private bathroom with a soaking tub, separate shower, double vanity sink, and a closet. Step outside to a low-maintenance backyard featuring finished concrete and a sparkling pool, ideal for summer gatherings. A two-car garage completes this delightful property, offering ample storage and parking.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.9
Remaining Loan Term
26 years, 7 months
Monthly PITI
$2,127.91/mo
Estimated Loan Balance
$305,960
Cash to close
$284,606
Interest Paid
$31,023

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: FamilyRoom
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: SpanishTile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: InGround, Private

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Mediterranean
Materials
  • Stucco
  • Roof: SpanishTile
Condition
  • Year Built: 1993
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Moreno Valley

Financial Details

  • Price per Sqft: $281.39
  • Tax Annual Amount: $7312.5
  • On Market Date: 2025-04-04T00:00:00.000Z
Inquire about this property

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Savings Calculator

Current cash to close is $284,606 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $284,606!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$300,394
Your Cash$284,606
Total Purchase Price:$585,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,352/mo
Traditional @ 7.5%
$2,276/mo
You save $924/month ($11,083/year)

*Secondary financing rates are an estimated value based on input

MLS ID: DW25064029

Listing From:

Last updated: 2025-04-05T13:45:07.000Z

© , 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

2.9%
7.15%

Principal & Interest

$1,352 /mo
$2,194 /mo
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 $284,606 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $284,606!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$300,394
Your Cash$284,606
Total Purchase Price:$585,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,352/mo
Traditional @ 7.5%
$2,276/mo
You save $924/month ($11,083/year)

*Secondary financing rates are an estimated value based on input

Follow Us
eXp Realty
Agent/Broker
Elise FayeXp Realty(602) 329-7782elise@elisefay.comMLS SA5401250000

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