Dan Kaercher

Dan Kaercher

Property SearchContact
primary-1
primary-2primary-3
Closed

$729,000

($309,131 down)
FHA

72814 Tampico Drive, Palm Desert, CA 92260

4
3
2,320 sqft
PITI Monthly
$2,444.35 /mo

Listing courtesy of: Jon Caruana, Compass

Assumed Rate

2.89%
7.15%

Principal & Interest

$1,903 /mo
$3,093 /mo

What's Special

INVESTORS
REMODELED
LOCATION
FRESH PAINT
MODERN
RENOVATED
FIREPLACE
NO HOA
INVESTMENT OPPORTUNITY

Welcome to 72814 Tampico Drive, Palm Desert--a prime investment opportunity in a highly sought-after location with no HOA dues. Situated just minutes from HWY 111, this fully renovated 6-bedroom property, including a separate casita, and private guest house offers versatile living options ideal for 1031 investors or those seeking lucrative rental possibilities. Recent upgrades include new flooring throughout, a brand-new pool, updated drywall, refreshed casitas, and fully remodeled bathrooms. The home also boasts modernized electrical work, plumbing, HVAC, and insulation. Additional enhancements include a new security system, tankless water heater, updated fireplace, and fresh paint inside and out. The updated kitchen has new appliances, including a refrigerator, stove, microwave, dishwasher, washer, and dryer. This property combines contemporary amenities with a central location, making it a standout choice for investors or homeowners alike.. Come enjoy that mid century vibe the desert is known for.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.89
Remaining Loan Term
25 years, 8 months
Monthly PITI
$2,444.35/mo
Estimated Loan Balance
$420,759
Cash to close
$309,131
Interest Paid
$54,679

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, NaturalGas
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom, Masonry
  • Flooring: Carpet

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Tile
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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: Tile
Condition
  • Year Built: 1961
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $314.22
  • Tax Annual Amount: $
  • On Market Date: 2024-08-25T00:00:00.000Z
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 $309,131 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $309,131!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$419,869
Your Cash$309,131
Total Purchase Price:$729,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,903/mo
Traditional @ 7.5%
$3,208/mo
You save $1,304/month ($15,653/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219115660DA

Listing From:

Last updated: 2024-10-12T00:02:06.000Z

© , 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

$1,903 /mo
$3,093 /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 $309,131 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $309,131!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$419,869
Your Cash$309,131
Total Purchase Price:$729,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,903/mo
Traditional @ 7.5%
$3,208/mo
You save $1,304/month ($15,653/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

Powered By UMe.

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Your Home Sold Guaranteed Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

equal-housing

Your Home Sold Guaranteed Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.