Dan Kaercher

Dan Kaercher

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Closed

$509,000

($249,861 down)
FHA

118 E GALVIN Street, Phoenix, AZ 85086

3
2
1,530 sqft
PITI Monthly
$1,960.75 /mo

Listing courtesy of: Erin Montesano, McCarthy Thielman Realty

Assumed Rate

3.95%
7.15%

Principal & Interest

$1,421 /mo
$2,023 /mo

What's Special

NO HOA
MOTIVATED SELLER

This Desert Hills horse property sits on 1.3 acres and features covered & galvanized stalls, with turnouts and corrals already in place. The property offers a rural, open feel, while being conveniently located right off of Carefree Highway. While unique in this area, the property is connected to CITY WATER. The practical home has 3 bedrooms, 2 bathrooms and a large bonus room with a separate entrance., which could be a 4th bedroom. There is a detached garage for added storage as well as 2 covered parking bays, and a circular drive with dual gates for easy access. The property has beautiful views in all directions as it is surrounded by mountains and mature, native trees. The roof was replaced in 2021. PRICED TO SELL with no HOA! Motivated Seller!! Bring all offers!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.95
Remaining Loan Term
22 years, 10 months
Monthly PITI
$1,960.75/mo
Estimated Loan Balance
$326,850
Cash to close
$249,861
Interest Paid
$79,021

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Chain Link, Wire
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: Yes
  • Carport Spaces: 3
Water
  • Sewer: Septic Tank
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 1987
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: Desert Hills
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $332.68
  • Tax Annual Amount: $1930
  • On Market Date: 2024-11-03T21:20:01.000Z
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 $249,861 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $249,861!

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

Loan Breakdown

Assumed Mortgage3.95% Sellers Rate
$259,139
Your Cash$249,861
Total Purchase Price:$509,000

Assumed vs Traditional Mortgage

Assumed @ 3.95%
$1,421/mo
Traditional @ 7.5%
$2,098/mo
You save $677/month ($8,124/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6779374

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-02-17T17:49:57.000Z

© , 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

3.95%
7.15%

Principal & Interest

$1,421 /mo
$2,023 /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 $249,861 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $249,861!

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

Loan Breakdown

Assumed Mortgage3.95% Sellers Rate
$259,139
Your Cash$249,861
Total Purchase Price:$509,000

Assumed vs Traditional Mortgage

Assumed @ 3.95%
$1,421/mo
Traditional @ 7.5%
$2,098/mo
You save $677/month ($8,124/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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