Dan Kaercher

Dan Kaercher

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$399,000

($168,336 down)
VA

51864 Avenida Mendoza, La Quinta, CA 92253

2
1
1,010 sqft
PITI Monthly
$1,627.94 /mo

Listing courtesy of: Jon Caruana, Compass

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,063 /mo
$1,716 /mo

What's Special

LOCATION
SPACIOUS
MODERN
FIREPLACE
TENNIS COURTS
PLAYGROUND
CHARMING
COZY
NO HOA

Discover this charming, updated 2-bedroom, 1-bath home located in the desirable lower La Quinta Cove. Ideally situated near Old Town La Quinta and the expansive 12-acre Fritz Burns Park, you'll enjoy convenient access to BBQ areas, a dog park, picnic tables, a playground, public art, restrooms, a skate park, swimming pool, tennis courts, and a water feature. For outdoor enthusiasts, the home is also close to La Quinta Cove's popular hiking spots, including Bear Creek Trail and the scenic Boo Hoff Trail. This delightful home features a well-designed mid-century floor plan, a spacious great room with a cozy fireplace, and newer doors and windows that provide modern comfort and energy efficiency. The 1-car garage and natural gas connection add to the home's practicality. The large backyard offers plenty of space for outdoor living, entertaining, or future enhancements. Don't miss this excellent opportunity to own a well-priced home in a prime location. Additionally, there is an assumable VA loan with a low-interest rate for qualified buyers. Inquire today for more details and schedule a showing to experience all this property has to offer! Property is connected to natural gas and sewer which is rare to find in the La Quinta cove. Located in IID for less expensive electric rates. No HOA Dues.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.94
Remaining Loan Term
25 years, 7 months
Monthly PITI
$1,627.94/mo
Estimated Loan Balance
$278,091
Cash to close
$168,336
Interest Paid
$31,439

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: ForcedAir, Fireplaces
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom, WoodBurning
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Other
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Other
Condition
  • Year Built: 1956
Details
  • Builder:

Community & HOA

Community
  • Subdivision: La Quinta Cove
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: La Quinta

Financial Details

  • Price per Sqft: $395.05
  • Tax Annual Amount: $4987.5
  • On Market Date: 2024-12-15T00:00:00.000Z
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 $168,336 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $168,336!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$230,664
Your Cash$168,336
Total Purchase Price:$399,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,063/mo
Traditional @ 7.5%
$1,780/mo
You save $717/month ($8,604/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219121376DA

Listing From:

Last updated: 2024-12-19T02:23:39.000Z

© , 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

2.94%
7.15%

Principal & Interest

$1,063 /mo
$1,716 /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 $168,336 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $168,336!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$230,664
Your Cash$168,336
Total Purchase Price:$399,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,063/mo
Traditional @ 7.5%
$1,780/mo
You save $717/month ($8,604/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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