Dan Kaercher

Dan Kaercher

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Closed

$1,290,000

($614,895 down)
FHA

46380 Desert Lily Drive, Palm Desert, CA 92260

4
4
3,796 sqft
PITI Monthly
$7,298.38 /mo

Listing courtesy of: Jeffrey Fishbein, Coldwell Banker Realty

Assumed Rate

6.58%
7.15%

Principal & Interest

$6,373 /mo
$6,754 /mo

What's Special

LOCATION
DINING
SPACIOUS
PATIO

Located in the highly coveted South Palm Desert, this nearly 4,000 sq.ft. mid-century home, complete with a separate guest house, presents a rare opportunity for those with a vision to renovate and restore its former glory. This fixer-upper boasts 4 bedrooms and 4 full baths in the main house, with expansive living spaces including a living room, dining room, and family room, all enhanced by floor-to-ceiling windows that showcase the large pool, spa, and lush surroundings.A covered patio, perfect for outdoor entertaining, connects the main house to the guest house, which includes a bedroom, full bath, and flexible space suitable for use as an ADU, office, art studio, or workout room. Situated on nearly half an acre, the property offers a sense of privacy and tranquility, yet is just minutes from the shops and dining of El Paseo. With its spacious layout and prime location, this home is an ideal canvas for creating a one-of-a-kind desert retreat.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.58
Remaining Loan Term
12 years, 10 months
Monthly PITI
$7,298.38/mo
Estimated Loan Balance
$598,475
Cash to close
$614,895
Interest Paid
$974,517

Facts & Features

Interior

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

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1978
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Not Applicable-1
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Palm Desert

Financial Details

  • Price per Sqft: $339.83
  • Tax Annual Amount: $16125
  • On Market Date: 2024-10-29T00:00:00.000Z
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 $614,895 (48%)
You can enter any amount below - secondary financing will cover the difference if needed.
48%
$

You cover the entire equity of $614,895!

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

Loan Breakdown

Assumed Mortgage6.58% Sellers Rate
$675,105
Your Cash$614,895
Total Purchase Price:$1,290,000

Assumed vs Traditional Mortgage

Assumed @ 6.58%
$6,373/mo
Traditional @ 7.5%
$7,006/mo
You save $632/month ($7,590/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219118339DA

Listing From:

Last updated: 2025-03-01T15:38:28.000Z

© , 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

6.58%
7.15%

Principal & Interest

$6,373 /mo
$6,754 /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 $614,895 (48%)
You can enter any amount below - secondary financing will cover the difference if needed.
48%
$

You cover the entire equity of $614,895!

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

Loan Breakdown

Assumed Mortgage6.58% Sellers Rate
$675,105
Your Cash$614,895
Total Purchase Price:$1,290,000

Assumed vs Traditional Mortgage

Assumed @ 6.58%
$6,373/mo
Traditional @ 7.5%
$7,006/mo
You save $632/month ($7,590/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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