Dan Kaercher

Dan Kaercher

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Pending

$515,000

($266,093 down)
FHA

1066 E SOURWOOD Drive, Gilbert, AZ 85298

3
2
1,934 sqft
PITI Monthly
$1,834.98 /mo

Listing courtesy of: David Barney, Fathom Realty

Assumed Rate

3.69%
7.15%

Principal & Interest

$1,279 /mo
$1,880 /mo

What's Special

LOCATION
SHOPPING
DINING
STAINLESS STEEL APPLIANCES
PATIO

Single level home in a prime location awaits! 1,934 sf, 3 bedroom + den, 2 bathroom home in the wonderful Gilbert community of Felty Farms. Situated on a prime oversized North/South lot, this home features 20x20 tile and custom two tone paint. The Kitchen boasts maple cabinets, granite counters and stainless steel appliances and a large breakfast room that overlooks a private patio. The huge Family Room and Formal Dining Room make this home perfect for entertaining. Large low maintenance backyard with extended back patio. Close to great shopping at San Tan Village and easy access to freeways and airports.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.69
Remaining Loan Term
24 years, 8 months
Monthly PITI
$1,834.98/mo
Estimated Loan Balance
$250,440
Cash to close
$266,093
Interest Paid
$51,970

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Natural Gas
Features
  • Materials: Synthetic Stucco, Wood Frame, Painted, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Sewer in & Cnctd, Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style:
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco
  • Roof: Tile
Condition
  • Year Built: 2010
Details
  • Builder: Uknown

Community & HOA

Community
  • Subdivision: FELTY FARMS
  • Features: Playground
HOA
  • Has HOA: Yes
  • HOA Name: Felty Farms
  • HOA Amenities: Unknown
  • HOA Fee: $90
  • HOA Frequency: $Monthly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $266.29
  • Tax Annual Amount: $2301
  • On Market Date: 2025-02-20T00:00:00.000Z
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 $266,093 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $266,093!

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

Loan Breakdown

Assumed Mortgage3.69% Sellers Rate
$248,907
Your Cash:$266,093
Total Purchase Price:$515,000

Assumed vs Traditional Mortgage

Assumed @ 3.69%
$1,279/mo
Traditional @ 7.5%
$1,950/mo
You save $670/month ($8,044/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6824016

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-12T17:51:54.000Z

© , 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

3.69%
7.15%

Principal & Interest

$1,279 /mo
$1,880 /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 $266,093 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $266,093!

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

Loan Breakdown

Assumed Mortgage3.69% Sellers Rate
$248,907
Your Cash:$266,093
Total Purchase Price:$515,000

Assumed vs Traditional Mortgage

Assumed @ 3.69%
$1,279/mo
Traditional @ 7.5%
$1,950/mo
You save $670/month ($8,044/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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