Dan Kaercher

Dan Kaercher

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Closed

$299,000

($168,254 down)
FHA

2408 W MADISON Street, Phoenix, AZ 85009

2
1
946 sqft
PITI Monthly
$1,052.32 /mo

Listing courtesy of: Eric Williamson, Citiea

Assumed Rate

4.59%
7.15%

Principal & Interest

$754 /mo
$995 /mo

What's Special

REMODELED
LOCATION
ENTERTAINMENT
SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
EFFICIENT

Calling all buyers! Welcome to an amazing find in the heart of downtown Phoenix. Discover the ultimate urban property, perfectly situated near Downtown Phoenix's vibrant scene. This stunning property boasts a bright, open floor plan, meticulously upgraded with modern flair. UPGRADES GALORE: New tile, drywall, and texture throughout. Energy-efficient new windows, new front porch Sleek kitchen with stainless steel appliances, updated cabinets, and countertops, nice bathroom with tile shower and modern vanity, new lighting fixtures and ceiling fans, fresh interior/exterior paint, Newer air conditioner. PRIME Location; Minutes from Downtown PRIME LOCATION: - Minutes from Downtown Phoenix's restaurants, shops, and entertainment - Easy access to freeways for seamless commuting - Multi-family lot offers potential for future expansion or investment AMENITIES: - Inside laundry room for added convenience - Spacious bedrooms with ample natural light - Block fence for added privacy and security A RARE FIND: Don't miss this incredible opportunity to own a piece of Phoenix's thriving urban landscape. Schedule a viewing today and experience the perfect blend of style, comfort, and location! KEY FEATURES: - 2 Bedrooms - 1 Bathrooms - 946 - Multi-family lot - 7,019sq ft / County Assessor - Remodeled throughout - Prime Downtown Phoenix location Get in now and make this amazing home yours! FHA assumable loan 5% interest rate

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.59
Remaining Loan Term
23 years, 3 months
Monthly PITI
$1,052.32/mo
Estimated Loan Balance
$131,251
Cash to close
$168,254
Interest Paid
$43,010

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Other, 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: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style:
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 1951
Details
  • Builder: Custom

Community & HOA

Community
  • Subdivision: WASHINGTON PARK PLAT A
  • Features: Near Light Rail Stop, Near Bus Stop
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $316.07
  • Tax Annual Amount: $526.9
  • On Market Date: 2024-10-03T00:00:00.000Z
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 $168,254 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $168,254!

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

Loan Breakdown

Assumed Mortgage4.59% Sellers Rate
$130,746
Your Cash:$168,254
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 4.59%
$754/mo
Traditional @ 7.5%
$1,032/mo
You save $278/month ($3,332/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6765046

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-10-05T22:59:29.000Z

© , 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

4.59%
7.15%

Principal & Interest

$754 /mo
$995 /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 $168,254 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $168,254!

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

Loan Breakdown

Assumed Mortgage4.59% Sellers Rate
$130,746
Your Cash:$168,254
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 4.59%
$754/mo
Traditional @ 7.5%
$1,032/mo
You save $278/month ($3,332/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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