Dan Kaercher

Dan Kaercher

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Closed

$1,395,000

($612,067 down)
FHA

16211 E KEOTA Drive, Fountain Hills, AZ 85268

4
5
5,387 sqft
PITI Monthly
$5,799.61 /mo

Listing courtesy of: Christopher Cole, Realty ONE Group

Assumed Rate

4.05%
7.15%

Principal & Interest

$4,506 /mo
$6,337 /mo

What's Special

DINING
LUXURY
FIREPLACE
VAULTED CEILINGS
WET BAR
MOUNTAIN VIEWS

HUGE PRICE REDUCTION! Lowered over $100k below a recent appraisal performed by one of the best luxury home appraisers in the valley. Incredible opportunity to own this estate located on a ridge line overlooking a deep canyon with mountain views up the canyon to the west as well as picturesque views of Red Mountain to the east! Inside, a freshly painted interior and new carpet accentuate the high vaulted ceilings on the main level and high flat ceilings on the lower level. It has a huge primary suite with a fireplace, abundant closet space, and large primary bath located on the main level. Open floor plan with a gourmet kitchen, a large island, breakfast area, and family room. See More Comments -SEE FLOOR P It also boasts an office with both interior and separate garage access. A living room, formal dining room, powder room, and guest bedroom suite round out the rooms on the main level. New exterior paint. Downstairs, there is a large rec room, media room, wet bar, sauna, and two additional bedrooms/baths. Walk out to a large pool and spa. Lower level A/C was just replaced in December 2023. Exterior painted in 2024.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.05
Remaining Loan Term
20 years, 10 months
Monthly PITI
$5,799.61/mo
Estimated Loan Balance
$786,642
Cash to close
$612,067
Interest Paid
$317,602

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 5
Cooling & Heating
  • Cooling: See Remarks, Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 3+ Fireplace, Two Way Fireplace, Gas
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block, Wrought Iron
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces: 3
Water
  • Sewer: Sewer in & Cnctd, Public Sewer
  • Water Source: Pvt Water Company
Pool
  • Has Pool: Yes
  • Pool Features: Fenced, Private

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family - Detached
  • Architectural Style: Contemporary
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 1994
Details
  • Builder: Custom

Community & HOA

Community
  • Subdivision: FOUNTAIN HILLS
  • Features: Golf
HOA
  • Has HOA: No
Location
  • Region: Fountain Hills

Financial Details

  • Price per Sqft: $258.96
  • Tax Annual Amount: $4943
  • On Market Date: 2024-07-04T07:39:45.000Z
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 $612,067 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $612,067!

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

Loan Breakdown

Assumed Mortgage4.05% Sellers Rate
$782,933
Your Cash$612,067
Total Purchase Price:$1,395,000

Assumed vs Traditional Mortgage

Assumed @ 4.05%
$4,506/mo
Traditional @ 7.5%
$6,573/mo
You save $2,067/month ($24,801/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6644117

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-06-07T09:01:00.000Z

© , 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

4.05%
7.15%

Principal & Interest

$4,506 /mo
$6,337 /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 $612,067 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $612,067!

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

Loan Breakdown

Assumed Mortgage4.05% Sellers Rate
$782,933
Your Cash$612,067
Total Purchase Price:$1,395,000

Assumed vs Traditional Mortgage

Assumed @ 4.05%
$4,506/mo
Traditional @ 7.5%
$6,573/mo
You save $2,067/month ($24,801/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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