Dan Kaercher

Dan Kaercher

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$849,999

($370,444 down)
FHA

2020 Ildica Way, Spring Valley, CA 91977

4
2
1,558 sqft
PITI Monthly
$3,778.66 /mo

Listing courtesy of: Mike Aon, Realty Executives Dillon

Assumed Rate

3.27%
7.15%

Principal & Interest

$2,303 /mo
$3,565 /mo

What's Special

RENTAL INCOME

$8,000 PLUS A MONTH RENTAL INCOME CURRENTLY BEING GENERATED WITH ROOM TO INCREASE TO MORE! This operation is basically on auto pilot with the current management on site and is amazing at what they do! No license required to operate and the current manager/operator lives on site full time and wants to stay in place so nothing changes for new owner! Main house is a 4 bedroom 2 Bath plus an unpermitted manager suite as well as a detached ADU w its own private access. This is a Multi Unit Property with built in Independent/ Transitional/ Sober Living business in place! Quiet street w views and large lot w plenty of parking! The remainder of the lot is buildable land. Spring valley is unincorporated making expansion that much easier and less restrictive for the new owner.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.27
Remaining Loan Term
25 years, 6 months
Monthly PITI
$3,778.66/mo
Estimated Loan Balance
$480,548
Cash to close
$370,444
Interest Paid
$74,127

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: PrimaryBedroom
  • Flooring: Unknown

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1938
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Spring Valley
  • Features: StreetLights, Suburban
HOA
  • Has HOA: No
Location
  • Region: Spring Valley

Financial Details

  • Price per Sqft: $545.57
  • Tax Annual Amount: $10625
  • On Market Date: 2025-01-21T00:00:00.000Z
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 $370,444 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $370,444!

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

Loan Breakdown

Assumed Mortgage3.27% Sellers Rate
$479,555
Your Cash$370,444
Total Purchase Price:$849,999

Assumed vs Traditional Mortgage

Assumed @ 3.27%
$2,303/mo
Traditional @ 7.5%
$3,698/mo
You save $1,395/month ($16,738/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PTP2500531

Listing From:

Last updated: 2025-01-22T01:40:16.000Z

© , 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

3.27%
7.15%

Principal & Interest

$2,303 /mo
$3,565 /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 $370,444 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $370,444!

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

Loan Breakdown

Assumed Mortgage3.27% Sellers Rate
$479,555
Your Cash$370,444
Total Purchase Price:$849,999

Assumed vs Traditional Mortgage

Assumed @ 3.27%
$2,303/mo
Traditional @ 7.5%
$3,698/mo
You save $1,395/month ($16,738/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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