Dan Kaercher

Dan Kaercher

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$545,000

($153,676 down)
FHA

50855 Chiapas Drive, Coachella, CA 92236

3
2
1,256 sqft
PITI Monthly
$3,451 /mo

Listing courtesy of: Jesus Sepulveda, Leticia Pinedo, Broker

Assumed Rate

6.69%
7.15%

Principal & Interest

$2,531 /mo
$2,652 /mo

What's Special

REMODELED
GREAT CURB APPEAL
SHOPPING
SPACIOUS
MODERN
RENOVATED
STAINLESS STEEL APPLIANCES
PATIO
CHARMING
COZY

Welcome to 50855 Chiapas Dr, a beautifully updated home located in the heart of Coachella. This charming 3-bedroom, 2-bathroom residence offers 1,256 square feet of living space and has been thoughtfully upgraded throughout. The home features fresh exterior and interior paint, interior recessed and exterior lighting and new baseboards creating a clean and modern look. The kitchen has been renovated with freshly painted and refaced cabinetry, sleek solid countertops and stainless steel appliances, and new hardware and lighting with a functional layout that’s perfect for both everyday living and entertaining. The bedrooms are ample in size for your comfort. The restrooms have been remodeled for your convenience offering new counter tops, lighting and hardware. The living room offers a newly refaced fire place for those cold cozy nights. Step outside to a spacious backyard oasis with a newly installed pool and stunning hardscaping ideal for enjoying the warm Coachella weather. There is a covered patio shade and added privacy, making the out door space perfect for relaxation and gatherings. Whether you are a first time buyer or looking for a move in ready home with tasteful upgrades, this property delivers great curb appeal, style, comfort and value. Located near local schools, parks, and shopping centers with convenient access to major roads. Don't miss this great opportunity and schedule your private showing today.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.69
Remaining Loan Term
29 years, 8 months
Monthly PITI
$3,451/mo
Estimated Loan Balance
$392,362
Cash to close
$153,676
Interest Paid
$8,746

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Fireplaces
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, LivingRoom
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Concrete
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: InGround, Permits, Private, SeeRemarks, Waterfall

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Concrete
Condition
  • Year Built: 2004
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Placitas De La Paz
  • Features: Park, StreetLights
HOA
  • Has HOA: No
Location
  • Region: Coachella

Financial Details

  • Price per Sqft: $433.92
  • Tax Annual Amount: $6812.5
  • On Market Date: 2025-03-26T00:00:00.000Z
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 $153,676 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $153,676!

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

Loan Breakdown

Assumed Mortgage6.69% Sellers Rate
$391,324
Your Cash$153,676
Total Purchase Price:$545,000

Assumed vs Traditional Mortgage

Assumed @ 6.69%
$2,531/mo
Traditional @ 7.5%
$2,751/mo
You save $220/month ($2,637/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG25065931

Listing From:

Last updated: 2025-03-29T12:57:05.000Z

© , 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

6.69%
7.15%

Principal & Interest

$2,531 /mo
$2,652 /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 $153,676 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $153,676!

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

Loan Breakdown

Assumed Mortgage6.69% Sellers Rate
$391,324
Your Cash$153,676
Total Purchase Price:$545,000

Assumed vs Traditional Mortgage

Assumed @ 6.69%
$2,531/mo
Traditional @ 7.5%
$2,751/mo
You save $220/month ($2,637/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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