Dan Kaercher

Dan Kaercher

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Closed

$387,000

($72,105 down)
FHA

1701 W HIGHLAND Avenue, Phoenix, AZ 85015

3
2
1,431 sqft
PITI Monthly
$1,917.91 /mo

Listing courtesy of: Tre Sonna, HomeSmart Realty

Assumed Rate

2.98%
7.15%

Principal & Interest

$1,425 /mo
$2,288 /mo

What's Special

LOCATION
SPACIOUS
MOVE-IN READY
MODERN

assume this home at 3.75% and save thousands annually This stunning INSTANT EQUITY opportunity single-family detached home, located in the highly sought-after Westtown community of Phoenix, offers a rare blend of modern updates, affordability, and location advantages. Featuring 3 bedrooms and 2 bathrooms, the home has undergone significant improvements, including new flooring, a brand-new roof, updated kitchen cabinetry, and new toilets in both bathrooms. The raised ceilings add a sense of spaciousness and light, creating an inviting atmosphere. While the home is move-in ready, there's still room for light cosmetic touches to truly make it your own. Positioned in one of Phoenix's most desirable neighborhoods, this property provides financial and lifestyle benefits.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.98
Remaining Loan Term
26 years, 4 months
Monthly PITI
$1,917.91/mo
Estimated Loan Balance
$316,813
Cash to close
$72,105
Interest Paid
$35,595

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Painted, Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 1
Water
  • Sewer: 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: Ranch
Materials
  • Painted, Brick
  • Roof: Composition
Condition
  • Year Built: 1955
Details
  • Builder: UNK

Community & HOA

Community
  • Subdivision: WESTOWN AMENDED REPLAT LOTS 96-113
  • Features: Near Bus Stop
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $270.44
  • Tax Annual Amount: $1241
  • On Market Date: 2024-11-01T00:00:00.000Z
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 $72,105 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $72,105!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$314,895
Your Cash$72,105
Total Purchase Price:$387,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,425/mo
Traditional @ 7.5%
$2,373/mo
You save $949/month ($11,384/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6767553

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-14T16:41:39.000Z

© , 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

2.98%
7.15%

Principal & Interest

$1,425 /mo
$2,288 /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 $72,105 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $72,105!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$314,895
Your Cash$72,105
Total Purchase Price:$387,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,425/mo
Traditional @ 7.5%
$2,373/mo
You save $949/month ($11,384/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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