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$372,660Estimated home value

Beds
3
Baths
2.0
sq ft
1,507

13876 Hermano Way, Desert Hot Springs, CA 92240

13876 Hermano Way

Desert Hot Springs, CA 92240

  • Off market
An extraordinary opportunity awaits to transform this residence into your dream home! Discover an exquisite, peaceful, and generously spacious haven situated on a sprawling corner lot within the coveted Spa Zone of Desert Hot Springs. This 3-bedroom, 2-bathroom dwelling in the foothills has been meticulously enhanced, boasting a tranquil outdoor retreat complete with a private pool and hot tub. Step into a newly upgraded kitchen featuring gleaming granite countertops and stainless steel appliances, seamlessly flowing into dining and living areas adorned with soaring vaulted ceilings and an abundance of natural illumination. The master suite and two additional bedrooms now feature brand-new, high-quality laminate flooring. Moreover, a state-of-the-art, fully-paid solar system has been installed to effortlessly cover your entire electric bill. Not only that, but the air conditioner and septic tank have been recently upgraded and replaced, ensuring maximum comfort and functionality. Outside, a charming cedar pergola offers a cozy seating area adjacent to the newly installed built-in gas grill and bar area. Alternatively, take a few steps and indulge in breathtaking views of Mount Saint Jacinto from the comfort of a gazebo. The pool and spa have been artfully re-tiled and resurfaced with Pebble Tec, and a new, high-efficiency pump and heater have been thoughtfully added within the past few years. What's more, this exceptional property boasts a full vacation rental that is licensed with a highly lucrative rental history. This property has an impressive track record of countless 5-star reviews. At your request, the seller can readily monthly statements with breakdowns of the gross income and expenses.

Details

Property type

Single Family Residence

Est. home value

$372,660

Lot size

9,148 sq ft

Price per sq ft

$356

Year built

2004

Price History

09/16/2024
CRMLS

CRMLS #WS24144860

Removed
$535,000
07/15/2024
CRMLS

CRMLS #WS24144860

Listed
$535,000
07/09/2024
CRMLS

CRMLS #WS24070044

Removed
$535,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Palm Springs Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$105,577
Asking price
$535,000
Closing costs (~8% of asking)
-$42,800
Est. remaining loan balance
-$386,623
Cash to seller
$105,577

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Resmac Inc

Loan start date

August 2022

Original loan amount

$397,500

Est. remaining balance

$386,623

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Provenance Development Holding Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Off Market

Tomo last checked: 09/18/2024 at 6:55 PM

Listing updated: 07/16/2024 at 6:33 AM

Listed by: YIN ZHEN LI, KW Executive Phone #: (626) 872-2207

MLS: CRMLS #WS24144860

CRMLS logo

Recently listed in Desert Hot Springs