Dan Kaercher

Dan Kaercher

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Pending

$321,000

($0 down)*
FHA

Potential short sale please verify with your agent.

3131 W ELM Street, Phoenix, AZ 85017

4
2
1,386 sqft
PITI Monthly
$1,939.57 /mo

Listing courtesy of: Eric Williamson, Citiea

Assumed Rate

3.1%
7.15%

Principal & Interest

$1,493 /mo
$2,361 /mo

What's Special

REMODELED
LOCATION
MINUTES AWAY
SHOPPING
ENTERTAINMENT
DINING
MODERN
LUXURY
COMMUNITY POOL
WALKING TRAILS
PLAYGROUND

With real investment potential,this property is a perfect cupcake! Waiting for the lucky buyer that sees the opportunity in front of them! BANK APPROVED PRICE Welcome to 3131 W Elm! This beautiful fully remodeled home boasts a fresh, modern look and is ideally situated with convenient access to major highways, making it a perfect blend of style and location. Step into this inviting layout, featuring a sleek refreshed kitchen and bathroom adding a touch of luxury to your everyday routine. Each room has been thoughtfully redesigned, blending comfort and sophistication to create a truly move-in-ready space. New roof & A/C (2024). Beyond the front door, you'll find incredible convenience in this prime location. Just across Camelback Road lies Grand Canyon University and its stadium, perfect for college sports fans or those looking to invest in a property with strong rental potential. A short walk away, Cielito Park provides a variety of sports facilities, a community pool, and a playground for outdoor enjoyment. Just a quick drive further, you can explore the natural beauty of Encanto Park with its golf course and fishing spots, or take in the 32-acre green space of Margaret T. Hance Park, featuring scenic walking trails, fitness meetups, and lively cultural and music festivals. Shopping and entertainment options abound at Christown Spectrum Mall, with convenient access to stores such as Walmart, Target, restaurants and a movie theater. The nearby Melrose District offers an electric mix of antique shops, art, dining, and nightlife as well as the annual M7 street fair. Easy access to the I-17, 60, and I-10 highways makes commuting simple, and downtown phoenix is only about 15 minutes away. With its prime location and beautiful remodel, this home presents an incredible opportunity - act fast before it's gone!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.1
Remaining Loan Term
26 years, 10 months
Monthly PITI
$1,939.57/mo
Estimated Loan Balance
$342,068
Cash to close
$0
Interest Paid
$33,209

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Brick Veneer, Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring:

Exterior

Fencing
  • Fencing: Chain Link, Wood
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 1
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
  • Brick Veneer, Brick
  • Roof: Composition
Condition
  • Year Built: 1955
Details
  • Builder: SOLID BRICK HOME

Community & HOA

Community
  • Subdivision: Northwest Village 5
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $231.6
  • Tax Annual Amount: $592.22
  • On Market Date: 2024-11-18T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$321,000
Your Cash$0
Total Purchase Price:$321,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$1,493/mo
Traditional @ 7.5%
$2,449/mo
You save $956/month ($11,475/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6782668

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-01T19:45:51.000Z

© , 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

3.1%
7.15%

Principal & Interest

$1,493 /mo
$2,361 /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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$321,000
Your Cash$0
Total Purchase Price:$321,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$1,493/mo
Traditional @ 7.5%
$2,449/mo
You save $956/month ($11,475/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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