Bobi Hernandez

Bobi Hernandez

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$495,000

($63,375 down)
FHA

22495 Sierra Drive, Palm Springs, CA 92262

2
1
882 sqft
PITI Monthly
$3,973.63 /mo

Listing courtesy of: Tyson Robinson, Trillion Real Estate

Assumed Rate

7.62%
7.15%

Principal & Interest

$3,091 /mo
$2,951 /mo

What's Special

REMODELED
MODERN
FIREPLACE
MOUNTAIN VIEWS
COZY

Mid-Century Meiselman Masterpiece in Palm Springs Experience the timeless charm of this fully remodeled Mid-Century Meiselman home, a rare architectural gem in Palm Springs. Recently featured on HGTV’s My Lottery Dream Home, this stunning 2-bedroom, 1-bathroom residence embodies classic mid-century design with modern updates. Skylights flood the interior with natural light, highlighting the exquisite beamed ceilings, striking lighting fixtures, and a cozy wood-burning fireplace. The expansive backyard offers breathtaking, unobstructed mountain views, perfect for outdoor relaxation and entertaining. Recent upgrades include a brand-new coach driveway, fresh desert landscaping, and a distinctive Mid-Century breeze block carport, enhancing both curb appeal and functionality. With only a limited number of Meiselman homes remaining in Palm Springs, this is a rare opportunity to own a piece of architectural history. Don’t miss your chance—schedule a viewing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.62
Remaining Loan Term
28 years, 8 months
Monthly PITI
$3,973.63/mo
Estimated Loan Balance
$432,378
Cash to close
$63,375
Interest Paid
$44,144

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Ductless, EnergyStarQualifiedEquipment, HighEfficiency
  • Heating: Central, Ductless, EnergyStarQualifiedEquipment, Fireplaces
Features
  • Materials: Brick, CopperPlumbing
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Brick, Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: RolledHotMop
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: MidCenturyModern
Materials
  • Brick, CopperPlumbing
  • Roof: RolledHotMop
Condition
  • Year Built: 1958
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Mountainous
HOA
  • Has HOA: No
Location
  • Region: Palm Springs

Financial Details

  • Price per Sqft: $561.22
  • Tax Annual Amount: $6187.5
  • On Market Date: 2025-04-15T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $63,375 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $63,375!

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

Loan Breakdown

Assumed Mortgage7.62% Sellers Rate
$431,626
Your Cash$63,375
Total Purchase Price:$495,000

Assumed vs Traditional Mortgage

Assumed @ 7.62%
$3,091/mo
Traditional @ 7.15%
$3,061/mo
You save $-30/month ($-360/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW25072936

Listing From:

Last updated: 2025-04-15T16:40:17.000Z

© , 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

7.62%
7.15%

Principal & Interest

$3,091 /mo
$2,951 /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 $63,375 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $63,375!

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

Loan Breakdown

Assumed Mortgage7.62% Sellers Rate
$431,626
Your Cash$63,375
Total Purchase Price:$495,000

Assumed vs Traditional Mortgage

Assumed @ 7.62%
$3,091/mo
Traditional @ 7.15%
$3,061/mo
You save $-30/month ($-360/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Bobi Hernandez(602) 761-0781bobisellsazhomes@gmail.comMLS

© 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 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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