Gino Zabala

Gino Zabala

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$395,000

($187,825 down)
FHA

118 Paseo Bravo, Palm Desert, CA 92211

2
2
1,465 sqft
PITI Monthly
$1,791.17 /mo

Listing courtesy of: Nadira Lee, Equity Union

Assumed Rate

3.72%
7.15%

Principal & Interest

$1,066 /mo
$1,561 /mo

What's Special

LOCATION
MODERN
LUXURY
STAINLESS STEEL APPLIANCES
BALCONY
CLUBHOUSE
FITNESS CENTER
PLAYGROUND

Welcome to Spanish Walk -- Palm Desert living at it's finest!Situated within the gated enclave of Spanish Walk, this beautifully maintained townhouse offers a prime location with convenient freeway access. Set on fee land (you own it), this 2 bedroom, 2 bathroom residence spans approximately 1,465 square feet and showcases thoughtful updates throughout.The open-concept living area features newly installed luxury vinyl plank flooring, lending a modern yet warm aesthetic. Two sets of French doors invite natural light and lead to a private balcony--ideal for morning coffee or evening relaxation. The kitchen is well-appointed with stainless steel appliances and generous cabinetry, offering both style and function.Residents enjoy the benefit of Imperial Irrigation District (IID) electric service--known for significantly lower utility rates.Spanish Walk offers an array of resort-style amenities, including a clubhouse with kitchen, fitness center, billiards room, three pools and spa, children's splash pad, multiple parks and playgrounds, a dog park, and lush walking paths. The guard-gated entrance with patrol and included exterior maintenance provide added peace of mind and ease of living.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.72
Remaining Loan Term
24 years, 11 months
Monthly PITI
$1,791.17/mo
Estimated Loan Balance
$222,748
Cash to close
$187,825
Interest Paid
$41,580

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Unknown
  • Heating: ForcedAir, NaturalGas
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: Yes
  • Pool Features: Community, InGround

Construction

Type & Style
  • Stories: 2
  • Home type: Condominium
  • Architectural Style: Spanish
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2008
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Spanish Walk
  • Features: Gated, Pool
HOA
  • Has HOA: Yes
  • HOA Name: Alegria Spanish Walk
  • HOA Amenities: Unknown
  • HOA Fee: $190
  • HOA Frequency: $Monthly
Location
  • Region: Palm Desert

Financial Details

  • Price per Sqft: $269.62
  • Tax Annual Amount: $4937.5
  • On Market Date: 2025-04-04T00:00:00.000Z
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 $187,825 (48%)
You can enter any amount below - secondary financing will cover the difference if needed.
48%
$

You cover the entire equity of $187,825!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$207,175
Your Cash$187,825
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$1,066/mo
Traditional @ 7.5%
$1,619/mo
You save $553/month ($6,631/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219127847DA

Listing From:

Last updated: 2025-04-06T23:45:32.000Z

© , 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

3.72%
7.15%

Principal & Interest

$1,066 /mo
$1,561 /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 $187,825 (48%)
You can enter any amount below - secondary financing will cover the difference if needed.
48%
$

You cover the entire equity of $187,825!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$207,175
Your Cash$187,825
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$1,066/mo
Traditional @ 7.5%
$1,619/mo
You save $553/month ($6,631/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Real Brokerage
Agent/Broker
Gino ZabalaReal Brokerage(623) 552-1225ginozabalarealestate@gmail.comMLS SA712685000

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