Dan Kaercher

Dan Kaercher

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Closed

$850,000

($502,258 down)
FHA

3760 E COTTON Court, Gilbert, AZ 85234

5
3
3,262 sqft
PITI Monthly
$2,227.93 /mo

Listing courtesy of: Amy Peterson, eXp Realty

Assumed Rate

2.9%
7.15%

Principal & Interest

$1,559 /mo
$2,529 /mo

What's Special

REMODELED
STAINLESS STEEL APPLIANCES
FIREPLACE
WALK-IN CLOSET
HOME OFFICE
PATIO
CUL-DE-SAC
COZY

Nestled in the heart of Morrison Ranch on a dreamy cul-de-sac, this BEAUTIFULLY REMODELED 5-bedroom, 3-bath home is everything you've been looking for. Think tree-lined streets, neighbors who become friends, parks, basketball courts, and the neighborhood elementary school all within a stones throw. Step inside and you'll instantly feel at home. Soaring ceilings, stunning floors, and a cozy fireplace set the stage for everything from lazy Sundays to game nights. The family room? It's flooded with natural light from gorgeous clerestory windows, and those double French doors open right up to the backyard-perfect for effortless indoor-outdoor living. And the kitchen...oh, the kitchen! Crisp white shaker cabinets, sleek quartz counters, GORGEOUS backsplash, and high-end stainless steel appliances come together beautifully, with a huge island that's just waiting for morning pancakes and after-school snacks. Now, let's talk space...because every single bedroom is the size of a standard master. Yep, you read that right. With one bedroom downstairs and full bath, whether you need a home office, a guest suite, or just extra room to spread out, you've got options. And the true primary suite? It's the perfect retreat, complete with a spa-like ensuite featuring dual sinks and a walk-in closet. Out back, it's all about fun and function. A covered patio, natural grass as well as lush turf, stylish pavers, and a sports court/basketball hoop make this space an entertainer's dream. Homes like this in Morrison Ranch don't last long, so grab your spot in this incredible community and make it yours today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.9
Remaining Loan Term
26 years, 7 months
Monthly PITI
$2,227.93/mo
Estimated Loan Balance
$367,806
Cash to close
$502,258
Interest Paid
$35,764

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
Features
  • Materials: Synthetic Stucco, Wood Frame, Painted, Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Flooring: 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 Residence
  • Architectural Style: Contemporary
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco
  • Roof: Tile
Condition
  • Year Built: 2001
Details
  • Builder: Key Construction

Community & HOA

Community
  • Subdivision: HIGLEY GROVES
  • Features: Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Higley Groves
  • HOA Amenities: Unknown
  • HOA Fee: $321
  • HOA Frequency: $Quarterly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $260.58
  • Tax Annual Amount: $2250
  • On Market Date: 2025-02-13T21:10:08.000Z
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 $502,258 (59%)
You can enter any amount below - secondary financing will cover the difference if needed.
59%
$

You cover the entire equity of $502,258!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$347,742
Your Cash:$502,258
Total Purchase Price:$850,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,559/mo
Traditional @ 7.5%
$2,623/mo
You save $1,065/month ($12,777/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6820306

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-01T08:11:04.000Z

© , 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

2.9%
7.15%

Principal & Interest

$1,559 /mo
$2,529 /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 $502,258 (59%)
You can enter any amount below - secondary financing will cover the difference if needed.
59%
$

You cover the entire equity of $502,258!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$347,742
Your Cash:$502,258
Total Purchase Price:$850,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,559/mo
Traditional @ 7.5%
$2,623/mo
You save $1,065/month ($12,777/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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