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$699,000

($378,133 down)
FHA

49337 Nicholson Court, Indio, CA 92201

3
3
2,231 sqft
PITI Monthly
$2,631.2 /mo

Listing courtesy of: Angela Maciel-Gibbons, BPO Homes

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,485 /mo
$2,397 /mo
$44,708 in interest paid off

What's Special

SERENE
SPACIOUS
MOVE-IN READY
MODERN
LUXURY
GRANITE COUNTERTOPS
FIREPLACE
WALK-IN CLOSET
PATIO
COMMUNITY POOL
FITNESS CENTER
CUL-DE-SAC
HISTORIC
COZY
LOW HOA FEES
This is the opportunity you've been waiting for--an incredible investment in one of the desert's most coveted communities. With short-term rental
approval and low HOA fees, this property is an investor's dream and an ideal home for those seeking both luxury and convenience. Historically low
2.625% interest rate and an approximate balance of $320K (subject to approval), you can step into a dream investment without the typical financial
hurdles.Just minutes from the legendary Coachella and Stagecoach festivals, this stunning home features the largest Gallery floor plan, of... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 6 months
Monthly PITI
$2,631.2/mo
Estimated Loan Balance
$322,260
Cash to close
$378,133
Interest Paid
$44,708

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central, Fireplaces
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom, SeeThrough
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Brick, StuccoWall
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: Community, InGround, Private

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Stucco
  • Roof: Tile
Condition
  • Year Built: 2020
Details
  • Builder: Gallery Homes ; Plan 3

Community & HOA

Community
  • Subdivision: Indian Palms (31432)
  • Features: Golf, Gated, Pool
HOA
  • Has HOA: Yes
  • HOA Name: IPCCA
  • HOA Amenities: Unknown
  • HOA Fee: $270
  • HOA Frequency: $Monthly
Location
  • Region: Indio

Financial Details

  • Price per Sqft: $313.31
  • Tax Annual Amount: $8737.5
  • On Market Date: Feb 20, 2025
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Savings Calculator

Current cash to close is $378,133 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$
0%20%50%

You cover the entire equity of $378,133!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$320,867
Your Cash:$378,133
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,485/mo
Traditional @ 7.15%
$2,487/mo
You save $1,002/month ($12,020/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219125128DA

Listing From:

Last updated: Mar 24, 2025 07:15pm

© 2025, 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

2.94%
7.15%

Principal & Interest

$1,485 /mo
$2,397 /mo
$44,708 in interest paid off
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 $378,133 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$
0%20%50%

You cover the entire equity of $378,133!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$320,867
Your Cash:$378,133
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,485/mo
Traditional @ 7.15%
$2,487/mo
You save $1,002/month ($12,020/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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