Dan Kaercher

Dan Kaercher

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Closed

$450,000

($160,013 down)
FHA

434 S RIDGE Street, Mesa, AZ 85204

4
2
1,883 sqft
PITI Monthly
$1,776.13 /mo

Listing courtesy of: Jake Carter, Zion Realty, LLC

Assumed Rate

2.9%
7.15%

Principal & Interest

$1,292 /mo
$2,096 /mo

What's Special

FRESH PAINT
DINING
MODERN
HOME OFFICE

This midcentury masterpiece, where the chef's kitchen & adjoining open dining space create the ultimate entertaining area. Featuring a stunning 10-ft quartz waterfall isl w/storage & high-end Thermador appliances, including a 48'' gas cooktop & dbl convection wall oven. Floor-to-ceiling windows flood the space w/natural light, enhancing the timeless charm & modern updates. Fresh paint w/new carpeting & laminate flooring, lend a fresh, welcoming feel. Expansive backyard awaits your vision while the front yard's low-maintenance, artificial turf adds extra appeal. Versatile 400 sf laundry rm offers endless possibilities, easily transformed to a game rm, home office & more. With 2 bathrooms, 2-car carport, RV gate & parking, this home seamlessly blends midcentury allure w/contemporary comfort!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.9
Remaining Loan Term
26 years, 8 months
Monthly PITI
$1,776.13/mo
Estimated Loan Balance
$291,751
Cash to close
$160,013
Interest Paid
$28,946

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s), Refrigeration, Window/Wall Unit
  • Heating: Natural Gas
Features
  • Materials: Painted, Block, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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 - Detached
  • Architectural Style:
Materials
  • Painted, Block, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 1961
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: Park Ridge
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Mesa

Financial Details

  • Price per Sqft: $238.98
  • Tax Annual Amount: $1175
  • On Market Date: 2024-11-04T23:40:05.000Z
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 $160,013 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $160,013!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$289,987
Your Cash$160,013
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,292/mo
Traditional @ 7.5%
$2,174/mo
You save $882/month ($10,589/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6779811

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-02-18T21:17:58.000Z

© , 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

$1,292 /mo
$2,096 /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 $160,013 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $160,013!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$289,987
Your Cash$160,013
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,292/mo
Traditional @ 7.5%
$2,174/mo
You save $882/month ($10,589/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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