Dan Kaercher

Dan Kaercher

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Closed

$575,000

($265,895 down)
FHA

2587 S MELVIN Street, Gilbert, AZ 85295

5
3
2,291 sqft
PITI Monthly
$1,986.23 /mo

Listing courtesy of: Chad Cox, Realty ONE Group

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,412 /mo
$2,280 /mo

What's Special

COMMUNITY POOL
PLAYGROUND

Welcome to this remarkable 2020 Fulton Homes build at Cooley Station. This home is 2,291 sqft, 5 beds, 3 baths, offering both comfort and efficiency. Features include a 16 SEER A/C, Honeywell Wi-Fi thermostat, 3rd party Energy Star inspected, Indoor AirPlus outside air exchange fan filtering air into home, all openings sealed for minimal air leakage, high-performance vinyl windows with low E glass, radiant heat barriers, blown wet cellulose insulation, dual energy option setup for kitchen range and laundry, Aqua-Pex plumbing tankless water heater v94i, low-flow showers. Finished Paver and Artificial turf lawn, BBQ gas stub. Cooley Station offers communities parks, playgrounds, biking trails, and community pools, and community amenities. FHA Assumable Loan

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 6 months
Monthly PITI
$1,986.23/mo
Estimated Loan Balance
$309,758
Cash to close
$265,895
Interest Paid
$42,518

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Ceiling
Features
  • Materials: Blown Cellulose, Painted, Stucco, Frame - Wood, Spray Foam Insulation, ICAT Recessed Lighting, Ducts Professionally Air-Sealed
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family - Detached
  • Architectural Style:
Materials
  • Blown Cellulose, Painted, Stucco, Frame - Wood, Spray Foam Insulation, ICAT Recessed Lighting, Ducts Professionally Air-Sealed
  • Roof: Tile
Condition
  • Year Built: 2020
Details
  • Builder: Fulton

Community & HOA

Community
  • Subdivision: FULTON HOMES COOLEY STATION PARCELS 9 11 17A & 30
  • Features: Community Pool, Near Bus Stop, Playground
HOA
  • Has HOA: Yes
  • HOA Name: Cooley Station
  • HOA Amenities: Unknown
  • HOA Fee: $527.25
  • HOA Frequency: $Quarterly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $250.98
  • Tax Annual Amount: $2018
  • On Market Date: 2024-07-04T08:33:08.000Z
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 $265,895 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $265,895!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$309,105
Your Cash$265,895
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,412/mo
Traditional @ 7.5%
$2,365/mo
You save $953/month ($11,432/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6658216

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-11-08T19:52:30.000Z

© , 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

2.94%
7.15%

Principal & Interest

$1,412 /mo
$2,280 /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 $265,895 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $265,895!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$309,105
Your Cash$265,895
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,412/mo
Traditional @ 7.5%
$2,365/mo
You save $953/month ($11,432/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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