Dan Kaercher

Dan Kaercher

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$734,500

($338,426 down)
VA

3002 E Mitchell Drive, Phoenix, AZ 85016

4
2
1,855 sqft
PITI Monthly
$2,198.04 /mo

Listing courtesy of: Christopher S. Tiller, Russ Lyon Sotheby's International Realty

Assumed Rate

2.89%
7.15%

Principal & Interest

$1,815 /mo
$2,949 /mo

What's Special

ENTERTAINMENT
DINING
SPACIOUS
MODERN
GAME ROOM
CUL-DE-SAC
NO HOA

Step into this stunning 4-bedroom, 2-bath home (4th bedroom is a versatile den/game room) with an open-concept design featuring a spacious kitchen, dining, and great room perfect for entertaining. Enjoy modern upgrades throughout: updated roof, AC, windows, electrical, bathrooms, flooring (wood-look tile and plush carpet in bedrooms), RO system, whole-house filter, and alarm system. A rare garage offers space for 2 cars, a workshop, and a pull-through bay for your boat or toys, thanks to its dual doors. Situated on a corner cul-de-sac lot with North/South exposure and NO HOA, this home combines convenience and comfort. Close proximity to fantastic amenities, airport, dining, entertainment. Don't miss this gem!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.89
Remaining Loan Term
25 years, 8 months
Monthly PITI
$2,198.04/mo
Estimated Loan Balance
$396,933
Cash to close
$338,426
Interest Paid
$52,136

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
Features
  • Materials: Painted, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
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: 1
  • Home type: Single Family Residence
  • Architectural Style: Ranch
Materials
  • Painted, Block
  • Roof: Composition
Condition
  • Year Built: 1955
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: Nancy Kay Terrace
  • Features: Near Bus Stop
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $395.96
  • Tax Annual Amount: $1998
  • On Market Date: 2025-01-26T13:20:01.000Z
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 $338,426 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $338,426!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$396,074
Your Cash$338,426
Total Purchase Price:$734,500

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,815/mo
Traditional @ 7.5%
$3,059/mo
You save $1,244/month ($14,925/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6810964

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-28T11:55:02.000Z

© , 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

2.89%
7.15%

Principal & Interest

$1,815 /mo
$2,949 /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 $338,426 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $338,426!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$396,074
Your Cash$338,426
Total Purchase Price:$734,500

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,815/mo
Traditional @ 7.5%
$3,059/mo
You save $1,244/month ($14,925/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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