Kenny Klaus

Kenny Klaus

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$510,000

($229,340 down)
FHA

24198 Mount Russell Drive, Moreno Valley, CA 92553

3
3
1,612 sqft
PITI Monthly
$2,275.12 /mo

Listing courtesy of: MAYA ARGUELLO, COLDWELL BANKER REALTY

Assumed Rate

3.23%
7.15%

Principal & Interest

$1,356 /mo
$2,110 /mo

What's Special

LOCATION
SERENE
SHOPPING
DINING
FIREPLACE
PATIO
BALCONY
MOUNTAIN VIEWS
CONVENIENT LOCATION
CHARMING
NO HOA

This great starter or forever home is located in a quite and established neighborhood in the heart of Moreno Valley. The home offers everything you need for comfortable everyday living and entertaining. As you enter the home you will be impressed with the inviting feel of the home. The low maintenance tile flooring compliments the feeling of light, airy throughout the downstairs. You will enjoy relaxing or entertaining in the bright formal living room, warmed by a charming fireplace on wintery days and in your formal dining area. The galley style kitchen features a convenient breakfast bar for casual dining and flows seamlessly into the sun bright family room with sliding doors to a large patio area. . A guest bathroom is conveniently located downstairs allowing the upstairs living space to remain private. The upstairs features a total of 3 bedrooms and 2 bathrooms. The primary bedroom offers a private en-suite bathroom and a private balcony with stunning mountain views, while custom stairs add a touch of elegance. The home features two additional bedrooms and a hall bathroom. Ceiling fan and skylights add comfort and natural light throughout the home. Outside, you'll find RV parking, providing plenty of room for your vehicles and toys. The home is located in a convenient location to shopping, dining options, and nearby freeway access. Best of all there are NO HOA fees and NO Mello Roos. Don't miss out on the opportunity to this home your own. in a serene and convenient location!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.23
Remaining Loan Term
25 years, 4 months
Monthly PITI
$2,275.12/mo
Estimated Loan Balance
$286,577
Cash to close
$229,340
Interest Paid
$44,839

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Block, Brick, Wood
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: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 1984
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $316.38
  • Tax Annual Amount: $6375
  • On Market Date: 2025-04-08T00:00:00.000Z
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 $229,340 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $229,340!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$280,660
Your Cash$229,340
Total Purchase Price:$510,000

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$1,356/mo
Traditional @ 7.5%
$2,188/mo
You save $832/month ($9,988/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV25064162

Listing From:

Last updated: 2025-04-12T03:50:14.000Z

© , 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

3.23%
7.15%

Principal & Interest

$1,356 /mo
$2,110 /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 $229,340 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $229,340!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$280,660
Your Cash$229,340
Total Purchase Price:$510,000

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$1,356/mo
Traditional @ 7.5%
$2,188/mo
You save $832/month ($9,988/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Klaus Team | Real Broker
Agent/Broker
Kenny KlausKlaus Team | Real Broker(602) 330-2891klausteam@klausteam.comMLS SA515503000

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Klaus Team | Real Broker are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Klaus Team | Real Broker © is committed to and abides by the Fair Housing Act of Equal Opportunity.