Dan Kaercher

Dan Kaercher

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Closed

$625,000

($304,363 down)
FHA

82820 Mount Riley Drive, Indio, CA 92203

5
4
3,510 sqft
PITI Monthly
$2,265.58 /mo

Listing courtesy of: James Hardy, Berkshire Hathaway HomeServices California Properties

Assumed Rate

4.53%
7.15%

Principal & Interest

$1,842 /mo
$2,447 /mo

What's Special

SHOPPING
LUXURY
THEATER ROOM
PATIO
COMMUNITY POOL
FITNESS CENTER
PLAYGROUND
FAMILY-FRIENDLY

UPDATE: Seller is willing to provide a buyer credit. Welcome to a stunning 5-bedroom, 4-bath home in the highly sought-after Sonora Wells community. Spanning 3,510 sqft of living space on a 7,405 sqft lot, this property is one of the largest floorplans available in the neighborhood, perfect for multi-generational living or those seeking room to grow.Step inside to find high-end tile flooring on the main level, a beautifully updated kitchen with premium materials, and smart thermostats for ultimate convenience. The upstairs media/theater room includes a projection screen, creating a private cinematic experience. Outside, the low-maintenance yard features a covered patio, perfect for entertaining or unwinding.Located in a family-friendly neighborhood with a community pool, hot tub, playground, and automatic gates, this home is just minutes from schools, groceries, fitness centers, and shopping. With long-term rentals allowed and a Tesla charging station negotiable in the price, this home offers both luxury and flexibility. Schedule your tour today! ANSI Measured sqft attached. * This home qualifies for a $15,000 grant for closing costs, including third-party fees and prepaids (insurance, taxes, etc.). Buyers must qualify for a conventional or FHA loan, with generous income limits and down payments from 0% to 20%, based on qualifications. No minimum credit score or down payment required. This private grant program is not affiliated with any government agency.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.53
Remaining Loan Term
23 years, 5 months
Monthly PITI
$2,265.58/mo
Estimated Loan Balance
$410,874
Cash to close
$304,363
Interest Paid
$101,957

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: FamilyRoom, SeeRemarks
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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: Traditional
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 2006
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Sonora Wells
  • Features: Gated, Pool
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $225
  • HOA Frequency: $Monthly
Location
  • Region: Indio

Financial Details

  • Price per Sqft: $178.06
  • Tax Annual Amount: $7812.5
  • On Market Date: 2025-01-08T00:00:00.000Z
Inquire about this property

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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 $304,363 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $304,363!

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

Loan Breakdown

Assumed Mortgage4.53% Sellers Rate
$320,637
Your Cash$304,363
Total Purchase Price:$625,000

Assumed vs Traditional Mortgage

Assumed @ 4.53%
$1,842/mo
Traditional @ 7.5%
$2,538/mo
You save $696/month ($8,353/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219122362DA

Listing From:

Last updated: 2025-03-29T00:00:03.000Z

© , 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

4.53%
7.15%

Principal & Interest

$1,842 /mo
$2,447 /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 $304,363 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $304,363!

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

Loan Breakdown

Assumed Mortgage4.53% Sellers Rate
$320,637
Your Cash$304,363
Total Purchase Price:$625,000

Assumed vs Traditional Mortgage

Assumed @ 4.53%
$1,842/mo
Traditional @ 7.5%
$2,538/mo
You save $696/month ($8,353/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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