Dan Kaercher

Dan Kaercher

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Closed

$395,000

($264,659 down)
FHA

1019 S CHESHIRE Lane, Gilbert, AZ 85296

2
3
1,522 sqft
PITI Monthly
$1,544.9 /mo

Listing courtesy of: Michelle Mazzola, Berkshire Hathaway HomeServices Arizona Properties

Assumed Rate

5.75%
7.15%

Principal & Interest

$1,131 /mo
$1,309 /mo

What's Special

FRESH PAINT
SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
WALK-IN CLOSET
COMMUNITY POOL
CHARMING

With a brand new Trane HVAC system installed in October 2024 this desirable two story home is nestled in the desirable Copper Ranch community. This charming home offers the perfect balance of comfort and convenience near excellent shopping, dining, and entertainment options. The home features 2 spacious bedrooms, a versatile large loft, 2.5 bathrooms, and an attached 2-car garage. Its open-concept layout, ideal for entertaining, boasts fresh paint throughout and includes all appliances. The first floor features durable tile flooring, while both upstairs bedrooms offer ensuite bathrooms and walk-in closets. Enjoy low-maintenance landscaping, a sparkling community pool nearby, basketball courts, and open green spaces. Enjoy Gilbert living in this bright and airy home close to so much.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.75
Remaining Loan Term
13 years, 6 months
Monthly PITI
$1,544.9/mo
Estimated Loan Balance
$131,347
Cash to close
$264,659
Interest Paid
$157,404

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Ceiling Fan(s), Programmable Thmstat, Refrigeration
  • Heating: Electric, Ceiling
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Other
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family - Detached
  • Architectural Style:
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2008
Details
  • Builder: KB Homes

Community & HOA

Community
  • Subdivision: COPPER RANCH AMD
  • Features: Community Pool, Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Copper Ranch HOA
  • HOA Amenities: Unknown
  • HOA Fee: $135.98
  • HOA Frequency: $Monthly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $259.53
  • Tax Annual Amount: $1515
  • On Market Date: 2024-10-16T05:30:02.000Z
Inquire about this property

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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 $264,659 (67%)
You can enter any amount below - secondary financing will cover the difference if needed.
67%
$

You cover the entire equity of $264,659!

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

Loan Breakdown

Assumed Mortgage5.75% Sellers Rate
$130,341
Your Cash:$264,659
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 5.75%
$1,131/mo
Traditional @ 7.5%
$1,358/mo
You save $227/month ($2,722/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6771584

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-02-27T19:09:44.000Z

© , Arizona Regional Multiple Listing Service (ARMLS). 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

5.75%
7.15%

Principal & Interest

$1,131 /mo
$1,309 /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 $264,659 (67%)
You can enter any amount below - secondary financing will cover the difference if needed.
67%
$

You cover the entire equity of $264,659!

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

Loan Breakdown

Assumed Mortgage5.75% Sellers Rate
$130,341
Your Cash:$264,659
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 5.75%
$1,131/mo
Traditional @ 7.5%
$1,358/mo
You save $227/month ($2,722/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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