Dan Kaercher

Dan Kaercher

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Under Contract

$599,000

($253,310 down)
FHA

4338 E FOUNDATION Street, Gilbert, AZ 85234

4
3
2,195 sqft
PITI Monthly
$2,160.3 /mo

Listing courtesy of: Jeremy Fierstein, Realty ONE Group

Assumed Rate

3.125%
7.15%

Principal & Interest

$1,603 /mo
$2,528 /mo

What's Special

LOCATION
SPACIOUS
WALK-IN CLOSET
HOME OFFICE

Welcome to Morrison Ranch, where even the cows are contemplating moving in for the sheer charm of this place. With an assumable loan option, a lower interest rate is possible. Gilbert's quirkiest and most delightful enclave has just what you're looking for - and probably a few things you didn't know you needed. As you step onto Foundation St, you're greeted by a 2-car garage that says, ''Yes, I can fit two cars, and maybe even a unicycle if you're feeling adventurous.'' This stunning 4-bed, 2.5-bath palace of practicality offers a whopping 2200 sq ft of living space, ensuring you have all the room you need for activities you'll never get around to. Click on ''more'' for additional fun!! With high ceilings that practically scrape the sky, a neutral palette that's the Switzerland of color schemes, and durable tile flooring that can survive everything from toddler tantrums to your clumsiest adult moments, this home has it all. The kitchen is the heart of the home, or in this case, the granite-countered, recessed-lit, stainless steel-applianced wonderland. The pantry is so spacious it could moonlight as a hide-and-seek champion, and the island with a breakfast bar is perfect for those mornings when you just can't decide if you're a cereal or a toast person. Upstairs, you'll find a quaint loft with a built-in desk for all your home office needs, or as we like to call it, the procrastination station. The main bedroom offers new carpeting that feels like walking on a cloud and a large walk-in closet where you can store your hopes, dreams, and an impressive collection of mismatched socks. The backyard boasts a refreshing pool that's just begging for a cannonball contest. And with the house just two doors down from the neighborhood park, it's the perfect spot to unleash the kids or the dogs - or the kid that thinks they're a dog. Location-wise, you're within walking distance to Cactus Yards Sports Complex, where you can watch local heroes hit home runs or possibly just hit the ground. Commuting is a breeze with proximity to Loop 202 & US 60, making your travel time as smooth as your favorite morning coffee. Now, for the nitty-gritty: this house has appraised at list price, because of course it has! Roof & AC inspections have been performed and given a clean bill of health, so you can sleep soundly knowing your new abode isn't about to spring a surprise leak or turn into a sauna. Why just read about this gem when you could be living in it? Schedule a visit today and see why Foundation St is the foundation of your next great adventure. Don't wait - homes like this are snatched up quicker than free samples at Costco!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.125
Remaining Loan Term
26 years, 0 months
Monthly PITI
$2,160.3/mo
Estimated Loan Balance
$354,368
Cash to close
$253,310
Interest Paid
$44,859

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
Features
  • Materials: Synthetic Stucco, Wood Frame, Painted, Stucco, Stone
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, 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: Yes
  • Pool Features: Private

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family Residence
  • Architectural Style: Contemporary
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco, Stone
  • Roof: Tile
Condition
  • Year Built: 2006
Details
  • Builder: Ashton Woods

Community & HOA

Community
  • Subdivision: HIGHLAND GROVES AT MORRISON RANCH
  • Features: Lake, Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Morrison Ranch
  • HOA Amenities: Unknown
  • HOA Fee: $375
  • HOA Frequency: $Quarterly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $272.89
  • Tax Annual Amount: $1959
  • On Market Date: 2024-07-12T00:50:03.000Z
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 $253,310 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $253,310!

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

Loan Breakdown

Assumed Mortgage3.125% Sellers Rate
$345,690
Your Cash$253,310
Total Purchase Price:$599,000

Assumed vs Traditional Mortgage

Assumed @ 3.125%
$1,603/mo
Traditional @ 7.5%
$2,887/mo
You save $1,284/month ($15,406/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6730209

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-24T01:24:48.000Z

© , 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

3.125%
7.15%

Principal & Interest

$1,603 /mo
$2,528 /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 $253,310 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $253,310!

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

Loan Breakdown

Assumed Mortgage3.125% Sellers Rate
$345,690
Your Cash$253,310
Total Purchase Price:$599,000

Assumed vs Traditional Mortgage

Assumed @ 3.125%
$1,603/mo
Traditional @ 7.5%
$2,887/mo
You save $1,284/month ($15,406/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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