Cheryl Riley

Cheryl Riley

Property SearchContact
primary-1
primary-2primary-3
Active

$749,000

($473,748 down)
FHA

80060 Hermitage, La Quinta, CA 92253

3
4
2,368 sqft
PITI Monthly
$3,777.88 /mo

Listing courtesy of: Joe Vetrano, Compass

Assumed Rate

6.2%
7.15%

Principal & Interest

$2,493 /mo
$2,749 /mo

What's Special

LUXURY
PATIO
CHARMING
FULLY FURNISHED

Step into a world of relaxation and luxury in this charming home, perfectly nestled on an elevated lot right behind the 14th green of the prestigious Jack Nicklaus Private Course. Revel in the panoramic lake, mountain and fairway views that are nothing short of breathtaking. This expansive 2,368 square-foot residence offers three bedrooms and 3.5 baths, ensuring everyone has their own private sanctuary. The interior is bright and airy, making it perfect for both unwinding and entertaining. Its open layout allows for seamless flow from room to room, creating an inviting atmosphere throughout. Your private outdoor paradise awaits, where you can lounge on the patio under the tranquil desert skies--ideal for any occasion. Plus, the home is equipped with an attached garage, air conditioning for those warm desert days, and a convenient in-unit washer and dryer. This home is offered fully furnished,

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.2
Remaining Loan Term
13 years, 8 months
Monthly PITI
$3,777.88/mo
Estimated Loan Balance
$509,164
Cash to close
$473,748
Interest Paid
$356,830

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 4
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, ForcedAir, Fireplaces, NaturalGas
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, LivingRoom
  • Flooring: Carpet, Tile

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 1992
Details
  • Builder: Sunrise

Community & HOA

Community
  • Subdivision: PGA Nicklaus Private
  • Features: Golf, Gated
HOA
  • Has HOA: Yes
  • HOA Name:
  • HOA Amenities: Unknown
  • HOA Fee: $949
  • HOA Frequency: $Monthly
Location
  • Region: La Quinta

Financial Details

  • Price per Sqft: $316.3
  • Tax Annual Amount: $9362.5
  • On Market Date: 2025-04-10T00:00:00.000Z
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 $473,748 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $473,748!

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

Loan Breakdown

Assumed Mortgage6.2% Sellers Rate
$275,252
Your Cash:$473,748
Total Purchase Price:$749,000

Assumed vs Traditional Mortgage

Assumed @ 6.2%
$2,493/mo
Traditional @ 7.15%
$2,851/mo
You save $359/month ($4,304/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219128264DA

Listing From:

Last updated: 2025-04-12T16:20:16.000Z

© , 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

6.2%
7.15%

Principal & Interest

$2,493 /mo
$2,749 /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 $473,748 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $473,748!

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

Loan Breakdown

Assumed Mortgage6.2% Sellers Rate
$275,252
Your Cash:$473,748
Total Purchase Price:$749,000

Assumed vs Traditional Mortgage

Assumed @ 6.2%
$2,493/mo
Traditional @ 7.15%
$2,851/mo
You save $359/month ($4,304/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.

equal-housing

American Allstar Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.