Cheryl Riley

Cheryl Riley

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$699,000

($236,140 down)
FHA

12613 Sylvanus Drive, Desert Hot Springs, CA 92240

3
2
1,707 sqft
PITI Monthly
$3,518.92 /mo

Listing courtesy of: Lissette Francis, LISSETTE FRANCIS, BROKER

Assumed Rate

3.76%
7.15%

Principal & Interest

$2,276 /mo
$3,316 /mo

What's Special

OPEN CONCEPT
LUXURY
CUSTOM BUILT

Welcome to this exceptional desert retreat offering both comfort and luxury with its thoughtfully designed floor plan inside and out maximizing Functionality and comfort. This 1700 sq ft. Home features 3 bedrooms, 2 baths with high quality construction throughout and plenty of space For entertaining. Inside, an open concept layout connects the chef’s kitchen to the great room making it perfect for gatherings. The backyard Is an entertainer’s dream that screams luxury resort living with new custom built pool and spa. Imagine sipping on your morning coffee with this View or hosting unforgettable gatherings under the desert sun in this beautiful oasis. Don’t miss out on the opportunity of desert living at its finest just minutes from I-10 freeway, Palm Springs Airport, and vibrant Downtown Palm Springs.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.76
Remaining Loan Term
27 years, 0 months
Monthly PITI
$3,518.92/mo
Estimated Loan Balance
$465,323
Cash to close
$236,140
Interest Paid
$53,868

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Unknown
Pool
  • Has Pool: Yes
  • Pool Features: Heated, InGround, Private

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2022
Details
  • Builder: Silver Rock Development, Inc.

Community & HOA

Community
  • Subdivision: Arbors
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Desert Hot Springs

Financial Details

  • Price per Sqft: $409.49
  • Tax Annual Amount: $8737.5
  • On Market Date: 2025-04-05T00:00:00.000Z
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 $236,140 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $236,140!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$462,860
Your Cash$236,140
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$2,276/mo
Traditional @ 7.15%
$3,439/mo
You save $1,163/month ($13,957/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV25074765

Listing From:

Last updated: 2025-04-06T21:52:59.000Z

© , 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

3.76%
7.15%

Principal & Interest

$2,276 /mo
$3,316 /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 $236,140 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $236,140!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$462,860
Your Cash$236,140
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$2,276/mo
Traditional @ 7.15%
$3,439/mo
You save $1,163/month ($13,957/year)

*Secondary financing rates are an estimated value based on input

Follow Us
American Allstar Realty
Agent/Broker
Cheryl RileyAmerican Allstar Realty(602) 353-7375cheryl.m.riley@gmail.comMLS BR655878000

© 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 American Allstar 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.

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