Cheryl Riley

Cheryl Riley

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$690,000

($308,126 down)
VA

14997 Mcgarger Road, Desert Hot Springs, CA 92240

4
3
2,667 sqft
PITI Monthly
$2,710.55 /mo

Listing courtesy of: George Lopez, Berkshire Hathaway HomeServices California Properties

Assumed Rate

2.87%
7.15%

Principal & Interest

$1,713 /mo
$2,790 /mo

What's Special

MODERN
MOUNTAIN VIEWS
SOLAR PANELS

A Canvas for Your Retreat, Ranch, or GetawayExperience the spirit of the desert with the comfort of modern living on this expansive 1.25-acre property. With breathtaking west-facing mountain views and skies that light up at sunset, this unique setting offers an ideal backdrop for a private retreat, ranch-style getaway, or even an equestrian setup--should you choose to make it one.The home is designed for ease and efficiency with off-grid potential, featuring solar panels (installed 2019, 25-year agreement), a private water well, a new HVAC system (2022), and updated appliances (2021). Whether you're dreaming of wide-open space, self-sufficient living, or a future filled with animals and agriculture, the flexibility here is unmatched.Added Bonus: Take advantage of an assumable VA loan at just 2.25%, offering incredible value in today's rate environment.There are no rental restrictions, opening the door to a variety of lifestyle or investment opportunities. This is your chance to craft something special in the high desert--where the stars shine brighter, the land stretches wider, and the possibilities are as open as the horizon.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.87
Remaining Loan Term
26 years, 4 months
Monthly PITI
$2,710.55/mo
Estimated Loan Balance
$387,416
Cash to close
$308,126
Interest Paid
$41,771

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Propane
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, LivingRoom
  • Flooring: Tile

Exterior

Fencing
  • Fencing: ChainLink
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: SepticTank
  • Water Source: Private, Well
Pool
  • Has Pool: Yes
  • Pool Features: Gunite, ElectricHeat, InGround, Pebble, Private, SaltWater

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Stucco
  • Roof: Tile
Condition
  • Year Built: 2004
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $258.72
  • Tax Annual Amount: $8625
  • On Market Date: 2025-01-31T00:00:00.000Z
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 $308,126 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $308,126!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$381,874
Your Cash$308,126
Total Purchase Price:$690,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,713/mo
Traditional @ 7.15%
$2,894/mo
You save $1,181/month ($14,174/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219123919DA

Listing From:

Last updated: 2025-05-09T16:16:05.000Z

© , 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

$1,713 /mo
$2,790 /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 $308,126 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $308,126!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$381,874
Your Cash$308,126
Total Purchase Price:$690,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,713/mo
Traditional @ 7.15%
$2,894/mo
You save $1,181/month ($14,174/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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