$585,000
($0 down)*Potential short sale please verify with your agent.
16 Lost River Drive, Palm Desert, CA 92211
PITI Monthly
Listing courtesy of: Peggy Mason, The Mason Group
Assumed Rate
7.54%
7.15%Principal & Interest
$6,181 /mo
$5,947 /moWhat's Special
Without question on of the best views in the Lakes CC! South facing interlocking paver expanded patio has spectacular mountain, fairway and lake views. The living room has volume ceilings, a cozy fireplace, and an electric sun shade. Atrium is in place for light and air. Kitchen faces the view and has a 5 burner gas stove top. Kitchen window and slider in BK area have sun shades. Den has a built- in desk area and tile flooring.Laundry in the hallway. Large primary suite and good sized guest bedroom. Great interior unit with a courtyard entry. Located in the highly sought after Lakes Country Club With 27 holes of golf, with great practice facilities, a Racquet center that offers, tennis, pop tennis and pickle ball. A state of the art fitness center with a 4 lane lap pool. A incredible clubhouse with wonderful indoor and outdoor dining. 44 pools and spas, playground, 4 Bocce ball courts. It's a lifestyle!
Assumption Snapshot
Type of Loan
FHA
Interest Rate
7.54
Remaining Loan Term
27 years, 8 months
Monthly PITI
$7,580.07/mo
Estimated Loan Balance
$867,461
Cash to close
$0
Interest Paid
$153,282
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Cooling & Heating
- Cooling: CentralAir
- Heating: Central, ForcedAir, Fireplaces
Features
- Materials: Unknown
- Community: Unknown
- Has Fireplace: Yes
- Fireplace Features: Gas, LivingRoom
- Flooring: Carpet, Tile
Exterior
Fencing
- Fencing: WroughtIron
Roof
- Roof: Concrete, Tile
Parking
- Garage: Yes
- Garage Spaces: 2
- Carport: No
- Carport Spaces:
Water
- Sewer: Unknown
- Water Source: Unknown
Pool
- Has Pool: No
- Pool Features: Gunite, InGround
Construction
Type & Style
- Stories: 1
- Home type: Condominium
- Architectural Style: Ranch
Materials
- Unknown
- Roof: Concrete, Tile
Condition
- Year Built: 1983
Details
- Builder: Sunrise
Community & HOA
Community
- Subdivision: The Lakes Country Cl
- Features: Gated
HOA
- Has HOA: Yes
- HOA Name: The Lakes Country Club
- HOA Amenities: Unknown
- HOA Fee: $1800
- HOA Frequency: $Monthly
Location
- Region: Palm Desert
Financial Details
- Price per Sqft: $314.85
- Tax Annual Amount: $7312.5
- On Market Date: 2024-11-24T00:00:00.000Z
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: 219120509DA
Listing From:
Last updated: 2025-03-26T19:46:22.000Z
© , 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
7.54%
7.15%Principal & Interest
$6,181 /mo
$5,947 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $0!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000Resources
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