Dan Kaercher

Dan Kaercher

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Closed

$450,000

($237,268 down)
FHA

430 E Reizen Drive, Morristown, AZ 85342

N/A
N/A
sqft
PITI Monthly
$1,343.68 /mo

Listing courtesy of: Melanie A Lakovich, HomeSmart

Assumed Rate

3.45%
7.15%

Principal & Interest

$999 /mo
$1,512 /mo

What's Special

REMODELED

Fully remodeled, Two One-Bedroom Units in the vibrant connected small community of Circle City. Duplex is separately metered. With several large employment centers and growing rents in this area you cannot go wrong making this your home or investment. New AC units. The property has been well maintained with full remodels in 2021 and 2023. The zoning allows for an additional unit. Priced to cash flow on day one. PROFESSIONAL PHOTOS COMING SOON.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.45
Remaining Loan Term
26 years, 11 months
Monthly PITI
$1,343.68/mo
Estimated Loan Balance
$214,652
Cash to close
$237,268
Interest Paid
$23,108

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms: 0
Cooling & Heating
  • Cooling: Individual, Heat Pump, Ceiling Fan(s)
  • Heating: Heat Pump, Electric
Features
  • Materials: Painted, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Ceramic Tile, Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: Septic in & Cnctd, Septic Tank
  • Water Source: Private Franchise, Individual Meter
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type:
  • Architectural Style: Unknown
Materials
  • Painted, Block
  • Roof: Composition
Condition
  • Year Built: 1959
Details
  • Builder:

Community & HOA

Community
  • Subdivision: CIRCLE CITY
  • Features: Sport Court, Play Area, Clubhouse, No Pool
HOA
  • Has HOA: No
Location
  • Region: Morristown

Financial Details

  • Price per Sqft: $450,000
  • Tax Annual Amount: $434
  • On Market Date: 2024-07-04T07:20:01.000Z
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.

Apply now

Savings Calculator

Current cash to close is $237,268 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$

You cover the entire equity of $237,268!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$212,732
Your Cash:$237,268
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$999/mo
Traditional @ 7.5%
$1,568/mo
You save $569/month ($6,832/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6697971

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-08-27T03:03:36.000Z

© , 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

3.45%
7.15%

Principal & Interest

$999 /mo
$1,512 /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 $237,268 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$

You cover the entire equity of $237,268!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$212,732
Your Cash:$237,268
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$999/mo
Traditional @ 7.5%
$1,568/mo
You save $569/month ($6,832/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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