Dan Kaercher

Dan Kaercher

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$639,000

($347,185 down)
FHA

80227 Spanish Bay Drive, Indio, CA 92201

3
3
2,162 sqft
PITI Monthly
$2,374.98 /mo

Listing courtesy of: Robin Grant, Windermere Real Estate

Assumed Rate

2.87%
7.15%

Principal & Interest

$1,309 /mo
$2,132 /mo

What's Special

DINING
SPACIOUS
LUXURY
FIREPLACE
HOME OFFICE
FLEX SPACE
PATIO
BALCONY
COMMUNITY POOL
FITNESS CENTER
MOUNTAIN VIEWS

PRICE IMPROVEMENT!! BRING OFFERS!! Potential opportunity to assume seller's FHA 2.49% rate on loan balance! Don't miss this desirable Laguna plan at popular Indian Springs CC with gorgeous mountain views! LOWEST priced home on the golf course! Situated on the 8th fairway is this functional floorplan with large kitchen and newly painted cabinets, Master bedroom is conveniently located on main level with two additional bedrooms, jack and jill bathroom and flex space perfect for home office or reading nook. Builder option of a lovely balcony off upstairs guest bedroom was added. High ceilings and plenty of light in the great room with a gas fireplace and views of the patio and golf course. Luxury vinyl flooring and upgraded ceramic tile on main level. Lovely, spacious dining room off the kitchen for your gatherings. Huge master with two walk in closets and jacuzzi tub too! Indian Springs CC is a very popular golf club that is open to the public, and home to the Big Rock Pub, a local favorite with lots of scheduled live music events. Perfect for a full time home or investment property. Short terms rentals of 30 days or more are allowed. IID for lower utility rates! HOA includes front yard lawn care, community pool, spa and fitness center, guard gated entry with 24 hour patrol, and Frontier high speed wifi and TV services with HBO and Showtime. Schedule your viewing today or come to our upcoming open houses. Seller will offer an allowance for paint and carpet upgrades too!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.87
Remaining Loan Term
26 years, 5 months
Monthly PITI
$2,374.98/mo
Estimated Loan Balance
$292,424
Cash to close
$347,185
Interest Paid
$31,225

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Plaster
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, LivingRoom
  • Flooring: Carpet, Tile, Vinyl

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Clay
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: Yes
  • Pool Features: Community, InGround

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Plaster
  • Roof: Clay
Condition
  • Year Built: 2001
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Indian Springs
  • Features: Gated, Pool
HOA
  • Has HOA: Yes
  • HOA Name: Indian Springs HOA
  • HOA Amenities: Unknown
  • HOA Fee: $359
  • HOA Frequency: $Monthly
Location
  • Region: Indio

Financial Details

  • Price per Sqft: $295.56
  • Tax Annual Amount: $7987.5
  • On Market Date: 2025-02-04T00:00:00.000Z
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 $347,185 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $347,185!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$291,815
Your Cash:$347,185
Total Purchase Price:$639,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,309/mo
Traditional @ 7.5%
$2,211/mo
You save $903/month ($10,831/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219124125DA

Listing From:

Last updated: 2025-03-11T22:30:23.000Z

© , 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

2.87%
7.15%

Principal & Interest

$1,309 /mo
$2,132 /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 $347,185 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $347,185!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$291,815
Your Cash:$347,185
Total Purchase Price:$639,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,309/mo
Traditional @ 7.5%
$2,211/mo
You save $903/month ($10,831/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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