Dan Kaercher

Dan Kaercher

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$499,900

($89,117 down)
FHA

5097 Larkspur Road, Banning, CA 92220

2
2
1,527 sqft
PITI Monthly
$3,281.71 /mo

Listing courtesy of: EILEEN DIDIER, CENTURY 21 LOIS LAUER REALTY

Assumed Rate

7.2%
7.15%

Principal & Interest

$2,821 /mo
$2,807 /mo

What's Special

PARK-LIKE SETTING
MODERN
LUXURY
LANDSCAPED
IRRIGATION SYSTEM
CHARMING
AFFORDABLE

Why Choose This Home Over New Build Construction? This stunning one-year-old home offers all the benefits of new build construction with the added luxury of $50,000 in thoughtful upgrades that are already in place. Step into a beautifully designed space where modern convenience meets impeccable taste. Enjoy meticulously selected features that enhance both style and functionality, providing you with a move-in-ready experience without the wait. Discover how this home stands out and exceeds the offerings of new constructions in the area. Whether you’re a first-time buyer stepping into homeownership or a savvy downsizer seeking a more manageable space, this incredible single-story property nestled in a vibrant new community, with so many upgrades is ready for you! It features two bedrooms and a versatile den/office, making it easily adaptable as a third bedroom. With smart home features, a tankless water heater, affordable solar and a comprehensive water softner system, your living experience is set for comfort and ease. Step inside to discover upgraded flooring and modern blinds that add elegance to the living space. The kitchen is a dream come true, featuring a walk-in pantry for all your culinary needs and a convenient kitchen sink water filter, ensuring fresh, clean water at your fingertips.Step outside to your backyard oasis, complete with a charming gazebo for relaxing and entertaining guests. Enjoy the beauty of a low maintenance landscape, giving you more time to enjoy life's moments. The completely landscaped front and back yards (not included with new builds)offer a lush setting for relaxation or recreation, while the controlled irrigation system ensures low-maintenance beauty year-round. A state-of-the-art security system complements your peace of mind, allowing you to enjoy this property to its fullest. This property is part of an active community with an HOA that includes a lake, a lazy river. access to a beautiful pools and a park-like setting. Further features include BBQ spaces, sport courts, perfect for creating memories with family and friends. Being situated in a new community not only means modern infrastructure but also the excitement of a growing neighborhood where amenities and connections are expanding. Proximity to the freeway facilitates quick commutes, making this area ideal for professionals and families alike who seek a balance between work and leisure, close to Palm Desert and Redlands!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.2
Remaining Loan Term
28 years, 7 months
Monthly PITI
$3,281.71/mo
Estimated Loan Balance
$412,875
Cash to close
$89,117
Interest Paid
$42,111

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Vinyl
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Community, Association

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Tile
Condition
  • Year Built: 2023
Details
  • Builder: Tri Pointe

Community & HOA

Community
  • Subdivision: Atwell
  • Features: Curbs, Lake, StreetLights, Sidewalks, Pool
HOA
  • Has HOA: Yes
  • HOA Name: Atwel
  • HOA Amenities: Unknown
  • HOA Fee: $207
  • HOA Frequency: $Monthly
Location
  • Region: Banning

Financial Details

  • Price per Sqft: $327.37
  • Tax Annual Amount: $6248.75
  • On Market Date: 2025-01-10T00:00:00.000Z
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 $89,117 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $89,117!

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

Loan Breakdown

Assumed Mortgage7.2% Sellers Rate
$410,783
Your Cash$89,117
Total Purchase Price:$499,900

Assumed vs Traditional Mortgage

Assumed @ 7.2%
$2,821/mo
Traditional @ 7.5%
$2,807/mo
You save $-13/month ($-160/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG25003218

Listing From:

Last updated: 2025-02-08T23:56:45.000Z

© , 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

7.2%
7.15%

Principal & Interest

$2,821 /mo
$2,807 /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 $89,117 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $89,117!

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

Loan Breakdown

Assumed Mortgage7.2% Sellers Rate
$410,783
Your Cash$89,117
Total Purchase Price:$499,900

Assumed vs Traditional Mortgage

Assumed @ 7.2%
$2,821/mo
Traditional @ 7.5%
$2,807/mo
You save $-13/month ($-160/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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