Cheryl Riley

Cheryl Riley

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$424,500

($25,629 down)
FHA

78721 Hampshire Avenue, Palm Desert, CA 92211

2
2
1,080 sqft
PITI Monthly
$3,122.23 /mo

Listing courtesy of: Stephen Powell, Epique Realty

Assumed Rate

4.98%
7.15%

Principal & Interest

$2,235 /mo
$2,818 /mo

What's Special

DINING
SPACIOUS
MODERN
LUXURY
WALK-IN CLOSET
PATIO
PET-FRIENDLY
LOW HOA FEES
55+ COMMUNITY

One of the largest backyards in the entire community--paired with rare access to a private pool and spa just down the street. This beautifully upgraded corner-lot home offers 2 spacious bedrooms, 2 full bathrooms, and approximately 1,080 square feet of open-concept living designed for comfort, connection, and easy indoor-outdoor flow.Set on one of only nine streets in Sun City Palm Desert with direct access to the private Newcastle pool and spa, this home is a rare find. The oversized backyard is a true highlight--an entertainer's dream and a peaceful escape all in one. It features low-maintenance native landscaping, pet-friendly smooth river rock that's gentle on paws, and a full misting system to keep the outdoor living area cool and enjoyable even in the summer.Inside, you'll find contemporary wood-look tile floors throughout, adding both durability and modern flair. The living area is bright and welcoming, with large windows that let in the desert sunshine and provide views of the lush backyard.The kitchen features crisp white cabinetry, ample counter space, and a gas range, making it perfect for both daily use and entertaining. The seamless flow into the dining and living spaces invites connection and ease.The primary suite includes a walk-in closet, private en-suite bathroom with a walk-in shower, and modern fixtures. The guest bedroom is equally comfortable and versatile--ideal as a guest space, office, or hobby room. Both bathrooms include built-in bidets, adding a touch of comfort and luxury to daily living.Evenings are made magical thanks to a ceiling-mounted 4K projector and 126' retractable outdoor screen--perfect for watching sports, movies, or music under the stars. A private jacuzzi adds the finishing touch to this custom backyard retreat.Additional highlights include low-cost electricity from Imperial Irrigation District (IID), a covered patio for shaded lounging or dining, and the quiet privacy of a premium corner lot.Sun City Palm Desert is a nationally recognized 55+ community--named one of the top 10 places to retire in the U.S. by Money Magazine. With low HOA fees, award-winning amenities, and an active social calendar, this is one of the best values in the desert.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.98
Remaining Loan Term
27 years, 2 months
Monthly PITI
$3,122.23/mo
Estimated Loan Balance
$400,594
Cash to close
$25,629
Interest Paid
$57,642

Facts & Features

Interior

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

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Contemporary, Modern, Ranch, Traditional
Materials
  • Stucco
  • Roof: Tile
Condition
  • Year Built: 2003
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Sun City
  • Features: Gated
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $450
  • HOA Frequency: $Monthly
Location
  • Region: Palm Desert

Financial Details

  • Price per Sqft: $393.06
  • Tax Annual Amount: $5306.25
  • On Market Date: 2025-04-03T00:00:00.000Z
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Savings Calculator

Current cash to close is $25,629 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
$

You cover the entire equity of $25,629!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$398,871
Your Cash$25,629
Total Purchase Price:$424,500

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$2,235/mo
Traditional @ 7.15%
$2,923/mo
You save $688/month ($8,260/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219127814DA

Listing From:

Last updated: 2025-04-14T18:08:41.000Z

© , 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

4.98%
7.15%

Principal & Interest

$2,235 /mo
$2,818 /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 $25,629 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
$

You cover the entire equity of $25,629!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$398,871
Your Cash$25,629
Total Purchase Price:$424,500

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$2,235/mo
Traditional @ 7.15%
$2,923/mo
You save $688/month ($8,260/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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