Dan Kaercher

Dan Kaercher

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Closed

$540,000

($190,081 down)
FHA

1274 S PALM Street, Gilbert, AZ 85296

5
2
2,048 sqft
PITI Monthly
$2,278.8 /mo

Listing courtesy of: Mychelle Mortenson, Real Broker

Assumed Rate

3.75%
7.15%

Principal & Interest

$1,704 /mo
$2,485 /mo

What's Special

REMODELED
MINUTES AWAY
MOVE-IN READY
MODERN
WALK-IN CLOSET
SOAKING TUB
SEPARATE SHOWER
PATIO
FAMILY-FRIENDLY

Welcome to this move-in ready, centrally located, single-level home in Gilbert! Just minutes away from Downtown Gilbert, featuring top-notch restaurants, where you'll find a family-friendly environment. This home features soaring ceilings, neutral colors throughout, with plenty of storage closets! The eat-in kitchen is equipped with butcher block countertops, center island, breakfast bar, and a plethora of custom cabinets. The primary suite offers picture windows, a walk-in closet, and a fully remodeled bathroom with a double sink vanity, soaking tub, and a separate shower. Second bathroom has been remodeled to add a modern touch. Enjoy peace of mind with brand new windows and a new AC unit, replaced last July. With five bedrooms, this home has plenty of space for everyone! The backyard is perfect for entertaining, featuring a covered patio, lush green grass, and mature landscaping.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.75
Remaining Loan Term
26 years, 10 months
Monthly PITI
$2,278.8/mo
Estimated Loan Balance
$358,448
Cash to close
$190,081
Interest Paid
$42,427

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
Features
  • Materials: Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 4
Water
  • Sewer: Public Sewer
  • 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
  • Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 1996
Details
  • Builder: unknown

Community & HOA

Community
  • Subdivision: SETTLER'S POINT SOUTH
  • Features:
HOA
  • Has HOA: Yes
  • HOA Name: Settler's Point
  • HOA Amenities: Unknown
  • HOA Fee: $175
  • HOA Frequency: $Quarterly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $263.67
  • Tax Annual Amount: $1771
  • On Market Date: 2024-09-03T00:00:00.000Z
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 $190,081 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $190,081!

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

Loan Breakdown

Assumed Mortgage3.75% Sellers Rate
$349,919
Your Cash$190,081
Total Purchase Price:$540,000

Assumed vs Traditional Mortgage

Assumed @ 3.75%
$1,704/mo
Traditional @ 7.5%
$2,838/mo
You save $1,134/month ($13,612/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6749677

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-12-02T21:47:33.000Z

© , 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

3.75%
7.15%

Principal & Interest

$1,704 /mo
$2,485 /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 $190,081 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $190,081!

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

Loan Breakdown

Assumed Mortgage3.75% Sellers Rate
$349,919
Your Cash$190,081
Total Purchase Price:$540,000

Assumed vs Traditional Mortgage

Assumed @ 3.75%
$1,704/mo
Traditional @ 7.5%
$2,838/mo
You save $1,134/month ($13,612/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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