Dan Kaercher

Dan Kaercher

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Closed

$689,000

($471,286 down)
FHA

1148 E LAMAR Road, Phoenix, AZ 85014

3
2
1,713 sqft
PITI Monthly
$1,822.79 /mo

Listing courtesy of: Joshua Carmona, Coldwell Banker Realty

Assumed Rate

3.67%
7.15%

Principal & Interest

$1,261 /mo
$1,857 /mo

What's Special

REMODELED
DESIRED
ENTERTAINMENT
SPACIOUS
MOVE-IN READY
MODERN
LUXURY
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
FIREPLACE
PATIO
EFFICIENT

Located in the highly sought-after Madison School District and the vibrant heart of Phoenix, this property is ideal for those who value quality and style. This beautifully remodeled mid-century ranch home offers a perfect blend of vintage charm and modern luxury. It features a versatile three-bedroom layout with an additional bedroom, den, or office equipped with custom furniture, closets, and cabinetry. The kitchen is a chef's favorite with granite countertops, glass tile backsplash, stainless steel appliances, and a spacious kitchen island. Enjoy the elegant finishes, including tile and wood laminate flooring, recessed lighting, low-E dual-pane windows, 5'' baseboards, and custom wainscot woodwork. See more... Recent upgrades include R-8 energy-efficient ducts, a completely rewired electrical system, and updated plumbing to put the new owner at ease. The HVAC system was replaced in 2019, and the bathroom was remodeled in 2022. Outdoors, a sparkling pool, a covered porch, a spacious patio, a 20 ft. shed, and an outdoor entertainment area with a TV setup create the perfect space for relaxation and entertaining guests with a breathtaking view of Piestewa Peak from your backyard. Additional features include a new fireplace, a mini-split added to the great room, and a new water heater, making this home move-in ready and equipped with all the desired amenities to live the Central Phoenix lifestyle. Easy access to the 51, five minutes from the Biltmore, 10 minutes to Paradise Valley, and a quick walk or bike ride to the canal. Don't miss this rare opportunity to own a piece of mid-century history with contemporary comforts!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.67
Remaining Loan Term
19 years, 11 months
Monthly PITI
$1,822.79/mo
Estimated Loan Balance
$226,421
Cash to close
$471,286
Interest Paid
$91,159

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Mini Split, Electric, ENERGY STAR Qualified Equipment
Features
  • Materials: Painted, Brick
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Living Room
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Brick
  • Roof: Composition
Condition
  • Year Built: 1951
Details
  • Builder: UNK

Community & HOA

Community
  • Subdivision: BEVERLY MANOR ESTATES
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $402.22
  • Tax Annual Amount: $2410
  • On Market Date: 2024-08-09T00:00:00.000Z
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 $471,286 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$

You cover the entire equity of $471,286!

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

Loan Breakdown

Assumed Mortgage3.67% Sellers Rate
$217,714
Your Cash:$471,286
Total Purchase Price:$689,000

Assumed vs Traditional Mortgage

Assumed @ 3.67%
$1,261/mo
Traditional @ 7.5%
$1,926/mo
You save $665/month ($7,983/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6739923

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-11-06T16:11:57.000Z

© , 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

3.67%
7.15%

Principal & Interest

$1,261 /mo
$1,857 /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 $471,286 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$

You cover the entire equity of $471,286!

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

Loan Breakdown

Assumed Mortgage3.67% Sellers Rate
$217,714
Your Cash:$471,286
Total Purchase Price:$689,000

Assumed vs Traditional Mortgage

Assumed @ 3.67%
$1,261/mo
Traditional @ 7.5%
$1,926/mo
You save $665/month ($7,983/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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