Gino Zabala

Gino Zabala

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$700,000

($41,915 down)
FHA

7391 Blue Oak Road, Riverside, CA 92507

3
2
1,854 sqft
PITI Monthly
$5,417.41 /mo

Listing courtesy of: Eduardo Centeno, ROA California Inc.

Assumed Rate

6.63%
7.15%

Principal & Interest

$4,220 /mo
$4,449 /mo

What's Special

SERENE
SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
LANDSCAPED
COZY
SOLAR PANELS
NO HOA

Stunning View Lot Home in the Desirable Spring Mountain Ranch Community – NO HOA! This exceptional home features paid-off solar panels, a newer water softener, and a tankless water heater, ensuring both energy efficiency and modern convenience. As you step inside, you'll immediately be impressed by the open floor plan, highlighted by upgraded floors and carpet in the bedrooms, high ceilings, and custom shutters. The kitchen is a true standout, featuring a large quartz island, upgraded cabinetry, KitchenAid stainless steel appliances. The three bedrooms, laundry room, and bathroom are all thoughtfully laid out, creating a functional and comfortable space. The flexible layout includes a spacious office that can easily be converted into a 4th bedroom—complete with a cutout to close off for a closet. The front yard is beautifully landscaped, offering fantastic curb appeal, while the expansive backyard is an entertainer’s dream. It’s perfect for hosting guests, relaxing with family, and taking in the breathtaking views. There’s plenty of space for building a custom pool, so you can truly make the most of the elevated views and outdoor living. Enjoy the cozy sitting area, a built-in gas BBQ, and several fruit trees—creating a serene, private oasis in your own backyard. With great schools nearby, no HOA, and a low 1.5% tax rate, this home truly offers incredible value. Don’t miss your chance—this one won’t last long!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.63
Remaining Loan Term
29 years, 11 months
Monthly PITI
$5,417.41/mo
Estimated Loan Balance
$658,666
Cash to close
$41,915
Interest Paid
$3,639

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Vinyl

Exterior

Fencing
  • Fencing: Vinyl, WroughtIron
Roof
  • Roof: Tile
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: Traditional
Materials
  • Stucco
  • Roof: Tile
Condition
  • Year Built: 2016
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs, Foothills, Hiking, Park, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Riverside

Financial Details

  • Price per Sqft: $377.56
  • Tax Annual Amount: $8750
  • On Market Date: 2025-04-04T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $41,915 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
$

You cover the entire equity of $41,915!

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

Loan Breakdown

Assumed Mortgage6.63% Sellers Rate
$658,085
Your Cash$41,915
Total Purchase Price:$700,000

Assumed vs Traditional Mortgage

Assumed @ 6.63%
$4,220/mo
Traditional @ 7.5%
$4,615/mo
You save $395/month ($4,738/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG25073576

Listing From:

Last updated: 2025-04-06T21:52:12.000Z

© , 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

6.63%
7.15%

Principal & Interest

$4,220 /mo
$4,449 /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 $41,915 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
$

You cover the entire equity of $41,915!

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

Loan Breakdown

Assumed Mortgage6.63% Sellers Rate
$658,085
Your Cash$41,915
Total Purchase Price:$700,000

Assumed vs Traditional Mortgage

Assumed @ 6.63%
$4,220/mo
Traditional @ 7.5%
$4,615/mo
You save $395/month ($4,738/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Real Brokerage
Agent/Broker
Gino ZabalaReal Brokerage(623) 552-1225ginozabalarealestate@gmail.comMLS SA712685000

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