Dan Kaercher

Dan Kaercher

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Closed

$350,000

($218,409 down)
FHA

1054 Rango Way, Borrego Springs, CA 92004

2
2
1,092 sqft
PITI Monthly
$1,042.9 /mo

Listing courtesy of: Katherine King, Coldwell Banker Borrego

Assumed Rate

4.05%
7.15%

Principal & Interest

$778 /mo
$1,094 /mo

What's Special

LOCATION
SERENE
SPACIOUS
HOME OFFICE
PATIO
CHARMING
COZY

Nestled on 4.87 serene acres, this charming 2-bedroom, 2-bath home offers 1,092 sq. ft. of comfortable living space, perfect for a remote desert getaway. Built in 1980, the home features a spacious kitchen with solid surface countertops, plenty of cabinetry, and tile flooring, which extends into the living room and bathrooms for easy maintenance. A versatile bonus room can serve as a 3rd bedroom or home office. Well pump was replaced about a year ago and has a 25 year warranty. In addition to the main house, a cozy guest cottage with its own bath and kitchenette provides extra space for visitors or rental potential. Outside, you'll find a lovely front patio to enjoy peaceful desert evenings. The property includes a well, offering self-sufficient living in this quiet, remote location. Perfect for those seeking tranquility and a connection with nature!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.05
Remaining Loan Term
20 years, 6 months
Monthly PITI
$1,042.9/mo
Estimated Loan Balance
$132,916
Cash to close
$218,409
Interest Paid
$56,607

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir, WallWindowUnits
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1980
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Golf, Hiking, Park, PreservePublicLand, Rural
HOA
  • Has HOA: No
Location
  • Region: Borrego Springs

Financial Details

  • Price per Sqft: $320.51
  • Tax Annual Amount: $
  • On Market Date: 2024-10-10T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $218,409 (62%)
You can enter any amount below - secondary financing will cover the difference if needed.
62%
$

You cover the entire equity of $218,409!

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

Loan Breakdown

Assumed Mortgage4.05% Sellers Rate
$131,591
Your Cash:$218,409
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 4.05%
$778/mo
Traditional @ 7.5%
$1,135/mo
You save $357/month ($4,283/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NDP2408983

Listing From:

Last updated: 2025-01-14T02:18:25.000Z

© , 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

4.05%
7.15%

Principal & Interest

$778 /mo
$1,094 /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 $218,409 (62%)
You can enter any amount below - secondary financing will cover the difference if needed.
62%
$

You cover the entire equity of $218,409!

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

Loan Breakdown

Assumed Mortgage4.05% Sellers Rate
$131,591
Your Cash:$218,409
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 4.05%
$778/mo
Traditional @ 7.5%
$1,135/mo
You save $357/month ($4,283/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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