Dan Kaercher

Dan Kaercher

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Closed

$699,999

($278,481 down)
VA

408 Oakmont Drive, Palm Desert, CA 92211

4
4
2,552 sqft
PITI Monthly
$2,981.59 /mo

Listing courtesy of: Louis Chavez, Exp Commercial of California, Inc.

Assumed Rate

3.45%
7.15%

Principal & Interest

$2,086 /mo
$3,157 /mo

What's Special

LOCATION
ENTERTAINMENT
DINING
SPACIOUS
LUXURY
STAINLESS STEEL APPLIANCES
FIREPLACE
VAULTED CEILINGS
SOAKING TUB
COZY

Welcome to 408 Oakmont Dr, Palm Desert, a beautifully designed corner home offering luxury and comfort in a prime desert location. This spacious residence features an open floor plan, vaulted ceilings, and elegant marble flooring throughout. The gourmet kitchen boasts stainless steel appliances, a gas range, a granite island, and ample storage, while the bright and airy living spaces include a grand piano, high ceilings, and abundant natural light. The primary suite retreat offers a spa-like en-suite with a soaking tub, dual vanities, and a glass-enclosed shower. Additional highlights include comfortable bedrooms, a cozy family room with a fireplace and backyard access, a convenient laundry room with extra storage, and a spacious 3-car garage. Outside, enjoy your private oasis with a sparkling pool, spa, and lush landscaping framed by towering palm trees. Located just minutes from world-class golf courses, fine dining, and premier entertainment, this home delivers resort-style living in the heart of Palm Desert. Don't miss out on this incredible opportunity schedule a showing today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.45
Remaining Loan Term
25 years, 1 months
Monthly PITI
$2,981.59/mo
Estimated Loan Balance
$440,738
Cash to close
$278,481
Interest Paid
$75,426

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: AboveGround

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Stucco
  • Roof: Tile
Condition
  • Year Built: 1989
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Desert Falls The Lin
  • Features: Gated
HOA
  • Has HOA: Yes
  • HOA Name: Desert Falls Ma
  • HOA Amenities: Unknown
  • HOA Fee: $711
  • HOA Frequency: $Monthly
Location
  • Region: Palm Desert

Financial Details

  • Price per Sqft: $274.29
  • Tax Annual Amount: $8749.99
  • On Market Date: 2025-01-31T00:00:00.000Z
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 $278,481 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $278,481!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$421,518
Your Cash$278,481
Total Purchase Price:$699,999

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$2,086/mo
Traditional @ 7.5%
$3,275/mo
You save $1,189/month ($14,265/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 25492369

Listing From:

Last updated: 2025-01-31T21:57:51.000Z

© , 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

3.45%
7.15%

Principal & Interest

$2,086 /mo
$3,157 /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 $278,481 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $278,481!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$421,518
Your Cash$278,481
Total Purchase Price:$699,999

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$2,086/mo
Traditional @ 7.5%
$3,275/mo
You save $1,189/month ($14,265/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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