Dan Kaercher

Dan Kaercher

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Closed

$439,500

($138,728 down)
VA

1318 S Bay Hill Road, Banning, CA 92220

2
2
1,668 sqft
PITI Monthly
$2,213.52 /mo

Listing courtesy of: Carolyn Burton, CENTURY 21 LOIS LAUER REALTY

Assumed Rate

7.2%
7.15%

Principal & Interest

$2,064 /mo
$2,053 /mo

What's Special

SHOPPING
ENTERTAINMENT
MOVE-IN READY
CUSTOM BUILT
FIREPLACE
LANDSCAPED

Sun Lakes Country Club is a Senior Golfing Community that offers Resort Living. Sun Lakes Country Club boosts 2 beautiful golf courses, 1 is an 18-hole executive course and the other is an 18-hole championship course. There are some amazing views in this community. This home is known as the Forsythia Floor Plan at 1,671 sq ft with 2 bedrooms, 2 bathrooms and a den off the front entrance. Home has been upgraded with granite throughout kitchen and both bathrooms and has been recently painted. Move-in ready. There is a beautiful custom built-in TV cabinet with an electric fireplace. Backyard is private and has been nicely landscaped with low maintenance plants etc. Sun Lakes is located near shopping, entertainment and restaurants with Morongo Casino and Desert Hills Premium Shopping Mall 15 minutes east on HWY 10. Some of the amenities in Sun Lakes are the two golf courses, 3 Club Houses, Restaurant & Lounge, Tennis, Swimming (inside & outside), Bocce Ball, Pickle Ball / Paddle Ball and 3 Gyms. If you're a social butterfly then join in on some of the many clubs such as gardening, traveling, dancing and cards, games, acting and singing. Don't forget the library is available for those that just want to sit and read and enjoy the beautiful views.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
7.2
Remaining Loan Term
28 years, 7 months
Monthly PITI
$2,213.52/mo
Estimated Loan Balance
$302,043
Cash to close
$138,728
Interest Paid
$30,807

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Drywall, Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Electric, GreatRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Vinyl
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Association

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Spanish
Materials
  • Drywall, Stucco
  • Roof: Unknown
Condition
  • Year Built: 1997
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Sun Lakes Country Club
  • Features: Golf, StormDrains, StreetLights, Sidewalks
HOA
  • Has HOA: Yes
  • HOA Name: Sun Lakes Country Club HOA
  • HOA Amenities: Unknown
  • HOA Fee: $385
  • HOA Frequency: $Monthly
Location
  • Region: Banning

Financial Details

  • Price per Sqft: $263.49
  • Tax Annual Amount: $
  • On Market Date: 2024-12-12T00:00:00.000Z
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 $138,728 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $138,728!

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

Loan Breakdown

Assumed Mortgage7.2% Sellers Rate
$300,772
Your Cash$138,728
Total Purchase Price:$439,500

Assumed vs Traditional Mortgage

Assumed @ 7.2%
$2,064/mo
Traditional @ 7.5%
$2,130/mo
You save $66/month ($795/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG24248832

Listing From:

Last updated: 2025-01-14T01:08:23.000Z

© , 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

7.2%
7.15%

Principal & Interest

$2,064 /mo
$2,053 /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 $138,728 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $138,728!

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

Loan Breakdown

Assumed Mortgage7.2% Sellers Rate
$300,772
Your Cash$138,728
Total Purchase Price:$439,500

Assumed vs Traditional Mortgage

Assumed @ 7.2%
$2,064/mo
Traditional @ 7.5%
$2,130/mo
You save $66/month ($795/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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