Dan Kaercher

Dan Kaercher

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Closed

$425,000

($186,117 down)
FHA

77385 CALIFORNIA Drive, Palm Desert, CA 92211

2
2
1,064 sqft
PITI Monthly
$1,568.56 /mo

Listing courtesy of: Yasmin Tobey, Desert Sotheby's International Realty

Assumed Rate

3.77%
7.15%

Principal & Interest

$1,231 /mo
$1,791 /mo

What's Special

LOCATION
MINUTES AWAY
SHOPPING
ENTERTAINMENT
RENOVATED
PRIVATE BACKYARD
CLUBHOUSE
CHARMING
COZY
SECOND HOME

Welcome to this cozy and charming 2-bedroom, 2-bathroom single-story home located in the desirable Palm Desert Country Club community. The home features an open floor plan, perfect for comfortable living. While some improvements have been made, there's still room for your personal touches, making it a great opportunity to create your ideal desert retreat. The home is equipped with tile flooring throughout, offering durability and easy maintenance, and the interior has been freshly painted, making it light and bright.The large private backyard is a rare gem in this area, offering a blank canvas with plenty of space to add a pool or design your own outdoor oasis. It's the perfect setting for relaxation or entertaining. Additional features include indoor laundry, and the home also offers a single carport for convenience.As part of the Palm Desert Country Club community, you'll enjoy fantastic amenities, including a recently renovated clubhouse, discounted golf rates, volleyball and basketball courts, two pools, a spa, and a multi-purpose room--all for a low annual HOA fee of just $398 a year ($33.16 per month). Centrally located, you're just minutes away from the renowned Indian Wells Tennis Garden, the Acrisure Sports and Entertainment Arena, as well as great local restaurants, shopping, and live entertainment.Whether you're a first-time homebuyer, investor, or looking for a second home, this property offers tremendous value and potential in a prime location!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.77
Remaining Loan Term
24 years, 5 months
Monthly PITI
$1,568.56/mo
Estimated Loan Balance
$239,839
Cash to close
$186,117
Interest Paid
$52,841

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, ForcedAir
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: Yes
  • Pool Features: Community, InGround

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Modern
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 1961
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Palm Desert Country
  • Features: Park, Pool
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $33.16
  • HOA Frequency: $Monthly
Location
  • Region: Palm Desert

Financial Details

  • Price per Sqft: $399.44
  • Tax Annual Amount: $
  • On Market Date: 2024-09-23T00:00:00.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $186,117 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $186,117!

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

Loan Breakdown

Assumed Mortgage3.77% Sellers Rate
$238,883
Your Cash$186,117
Total Purchase Price:$425,000

Assumed vs Traditional Mortgage

Assumed @ 3.77%
$1,231/mo
Traditional @ 7.5%
$1,857/mo
You save $627/month ($7,518/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219117169DA

Listing From:

Last updated: 2025-01-14T01:00:11.000Z

© , 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

3.77%
7.15%

Principal & Interest

$1,231 /mo
$1,791 /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 $186,117 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $186,117!

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

Loan Breakdown

Assumed Mortgage3.77% Sellers Rate
$238,883
Your Cash$186,117
Total Purchase Price:$425,000

Assumed vs Traditional Mortgage

Assumed @ 3.77%
$1,231/mo
Traditional @ 7.5%
$1,857/mo
You save $627/month ($7,518/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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