Dan Kaercher

Dan Kaercher

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Closed

$259,000

($60,999 down)
FHA

3107 W LOMA Lane, Phoenix, AZ 85051

3
3
1,686 sqft
PITI Monthly
$1,212.74 /mo

Listing courtesy of: Marshall Baires, My Home Group Real Estate

Assumed Rate

2.87%
7.15%

Principal & Interest

$875 /mo
$1,426 /mo

What's Special

SPACIOUS
CHARMING
COZY
INVESTMENT OPPORTUNITY
TURNKEY

Welcome to your future home! This charming townhouse boasts 3 bedrooms and 2.5 bathrooms, offering ample space for comfortable living. Whether you're seeking a cozy starter home or a savvy investment opportunity, this property ticks all the boxes. With a touch of TLC, this gem can shine brighter than ever, yet it also presents the possibility of a turnkey experience, ready for you to move in and make memories. Picture yourself relaxing in the spacious living area or whipping up culinary delights in the well-appointed kitchen. Convenience is key with nearby amenities and attractions just moments away. Don't miss out on the chance to make this house your own. ***Seller will contribute 1.5% in concessions towards carpet/paint or buyers a closing costs/rate buydown***

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.87
Remaining Loan Term
26 years, 5 months
Monthly PITI
$1,212.74/mo
Estimated Loan Balance
$199,274
Cash to close
$60,999
Interest Paid
$20,884

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Electric
Features
  • Materials: Synthetic Stucco, Wood Frame, Painted, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Built-Up
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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: Townhouse
  • Architectural Style:
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco
  • Roof: Built-Up
Condition
  • Year Built: 1979
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: NORTHERN MANOR UNIT 2 AMD
  • Features: Community Spa, Community Pool, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Northern Manor
  • HOA Amenities: Unknown
  • HOA Fee: $279.13
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $153.62
  • Tax Annual Amount: $455
  • On Market Date: 2024-07-04T08:33:08.000Z
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 $60,999 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $60,999!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$198,001
Your Cash$60,999
Total Purchase Price:$259,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$875/mo
Traditional @ 7.5%
$1,479/mo
You save $604/month ($7,244/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6694706

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-01-22T18:14:23.000Z

© , 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

2.87%
7.15%

Principal & Interest

$875 /mo
$1,426 /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 $60,999 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $60,999!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$198,001
Your Cash$60,999
Total Purchase Price:$259,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$875/mo
Traditional @ 7.5%
$1,479/mo
You save $604/month ($7,244/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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