Dan Kaercher

Dan Kaercher

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Closed

$615,000

($237,244 down)
FHA

41125 Bank Court, Indio, CA 92203

5
4
3,154 sqft
PITI Monthly
$2,837.54 /mo

Listing courtesy of: James Suer, Keller Williams Luxury Homes

Assumed Rate

2.89%
7.15%

Principal & Interest

$1,735 /mo
$2,818 /mo

What's Special

GATED COMMUNITY
DESIRED
SHOPPING
DINING
GRANITE COUNTERTOPS
CUL-DE-SAC

Welcome to Desert Trace, a highly desired gated community in North Indio. This beautiful two story home located on a cul-de-sac has almost 3,200 square feet of living space! There are four of the bedrooms upstairs and each features it's own restroom. The main living area downstairs is perfect for entertaining with a large open floor plan that seamlessly blends the kitchen and living space. The kitchen features granite countertops and an oversized island. A walk in pantry is located in the dining area & the kitchen sink overlooks the huge backyard that has plenty of room for a pool. A guest bedroom is located downstairs off the living room with the 4th restroom. There is plenty of parking with the tandem 3 car garage and long driveway. Desert Trace has the LOWEST HOA dues in North Indio at only $85 a month. Located in one of the fastest growing cities in Riverside County, Indio is exploding with growth! You'll be just minutes from local dining & shopping as well as the revitalized downtown area with local eateries and breweries, not to mention hiking, casinos, and the Valley's only night golf course! This home is walking distance to the newest Elementary school and a quick drive to the local middle and high schools. Easy freeway access puts you 30 minutes from Palm Springs & 2 hours from Los Angeles & San Diego. Schedule your private showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.89
Remaining Loan Term
25 years, 7 months
Monthly PITI
$2,837.54/mo
Estimated Loan Balance
$390,080
Cash to close
$237,244
Interest Paid
$50,741

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, LivingRoom
  • Flooring: Carpet, Tile, Vinyl

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 2006
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Sienna
  • Features: Gated
HOA
  • Has HOA: Yes
  • HOA Name: Sienna
  • HOA Amenities: Unknown
  • HOA Fee: $85
  • HOA Frequency: $Monthly
Location
  • Region: Indio

Financial Details

  • Price per Sqft: $194.99
  • Tax Annual Amount: $7687.5
  • On Market Date: 2025-02-04T00:00:00.000Z
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 $237,244 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$

You cover the entire equity of $237,244!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$377,756
Your Cash$237,244
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,735/mo
Traditional @ 7.5%
$2,924/mo
You save $1,189/month ($14,266/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219124106DA

Listing From:

Last updated: 2025-04-01T19:40:18.000Z

© , 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

2.89%
7.15%

Principal & Interest

$1,735 /mo
$2,818 /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 $237,244 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$

You cover the entire equity of $237,244!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$377,756
Your Cash$237,244
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,735/mo
Traditional @ 7.5%
$2,924/mo
You save $1,189/month ($14,266/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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