Dan Kaercher

Dan Kaercher

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Closed

$380,000

($123,344 down)
FHA

311 W POWELL Drive, San Tan Valley, AZ 85140

3
2
1,649 sqft
PITI Monthly
$1,603.71 /mo

Listing courtesy of: Eric Tamayo, Opendoor Brokerage, LLC

Assumed Rate

2.77%
7.15%

Principal & Interest

$1,143 /mo
$1,885 /mo

What's Special

WALK-IN CLOSET
PATIO

Seller may consider buyer concessions if made in an offer. Welcome to this inviting property, boasting a neutral color paint scheme and fresh interior paint. The kitchen with a center island. The primary bedroom features a generously sized walk-in closet. Enjoy the comfort of a covered patio and the privacy of a fenced-in backyard. Recent updates include partial flooring replacement. This property is a true gem, offering a blend of practicality and elegance. Don't miss this opportunity to own a home that seamlessly combines style and function.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.77
Remaining Loan Term
25 years, 10 months
Monthly PITI
$1,603.71/mo
Estimated Loan Balance
$258,844
Cash to close
$123,344
Interest Paid
$30,756

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Electric
Features
  • Materials: Wood Frame, Painted
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: No Fireplace
  • Flooring: Laminate

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: 1
  • Home type: Single Family Residence
  • Architectural Style:
Materials
  • Wood Frame, Painted
  • Roof: Tile
Condition
  • Year Built: 2019
Details
  • Builder: Starlight Homes

Community & HOA

Community
  • Subdivision: THE PARKS PARCEL F 2018040900
  • Features: Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: The Parks
  • HOA Amenities: Unknown
  • HOA Fee: $87
  • HOA Frequency: $Monthly
Location
  • Region: San Tan Valley

Financial Details

  • Price per Sqft: $230.44
  • Tax Annual Amount: $1361
  • On Market Date: 2024-08-06T18:40:06.000Z
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 $123,344 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $123,344!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$256,656
Your Cash$123,344
Total Purchase Price:$380,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,143/mo
Traditional @ 7.5%
$1,956/mo
You save $813/month ($9,757/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6740282

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-31T11:52:51.000Z

© , 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

2.77%
7.15%

Principal & Interest

$1,143 /mo
$1,885 /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 $123,344 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $123,344!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$256,656
Your Cash$123,344
Total Purchase Price:$380,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,143/mo
Traditional @ 7.5%
$1,956/mo
You save $813/month ($9,757/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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