Jeanne(Kerry) Davidson

Jeanne(Kerry) Davidson

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$579,900

($82,151 down)
FHA

5607 Mckinley Avenue, San Bernardino, CA 92404

3
2
1,335 sqft
PITI Monthly
$3,932.5 /mo

Listing courtesy of: ROBERT WATKINS, RE/MAX TIME REALTY

Assumed Rate

4.98%
7.15%

Principal & Interest

$2,793 /mo
$3,521 /mo

What's Special

LOCATION
SPACIOUS
CHARMING

Welcome to your dream home at 5607 McKinley Ave, San Bernardino, CA 92404! This charming property is conveniently located just off the 210 freeway, right next to the vibrant Yamava Casino. Featuring 3 spacious bedrooms and 2 bathrooms, this quaint residence offers the perfect blend of comfort and functionality. Step outside to discover a lovely backyard complete with a refreshing pool, ideal for relaxing and entertaining during those warm California days. The large front and backyard provide ample space for outdoor activities, and with Belvedere Elementary School nearby, it’s a perfect location for families. Don’t miss out on this incredible opportunity—come visit today and see all that this wonderful home has to offer! Dd I mention property has an ADU? Call Today!!

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Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.98
Remaining Loan Term
27 years, 2 months
Monthly PITI
$3,932.5/mo
Estimated Loan Balance
$499,911
Cash to close
$82,151
Interest Paid
$72,036

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1960
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Curbs
HOA
  • Has HOA: No
Location
  • Region: San Bernardino

Financial Details

  • Price per Sqft: $434.38
  • Tax Annual Amount: $7248.75
  • On Market Date: 2025-04-24T00:00:00.000Z
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 $82,151 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $82,151!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$497,749
Your Cash$82,151
Total Purchase Price:$579,900

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$2,793/mo
Traditional @ 7.15%
$3,653/mo
You save $860/month ($10,322/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IV25085351

Listing From:

Last updated: 2025-04-25T13:42:48.000Z

© , 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

4.98%
7.15%

Principal & Interest

$2,793 /mo
$3,521 /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 $82,151 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $82,151!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$497,749
Your Cash$82,151
Total Purchase Price:$579,900

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$2,793/mo
Traditional @ 7.15%
$3,653/mo
You save $860/month ($10,322/year)

*Secondary financing rates are an estimated value based on input

Follow Us
HomeSmart
Agent/Broker
Jeanne(Kerry) DavidsonHomeSmart(602) 826-3697kerry@myagent.netMLS BR631128000

© 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 HomeSmart 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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