Dan Kaercher

Dan Kaercher

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Closed

$349,000

($126,514 down)
FHA

5403 W ILLINI Street, Phoenix, AZ 85043

3
3
1,934 sqft
PITI Monthly
$1,880.41 /mo

Listing courtesy of: Lisa M Harris, Citiea

Assumed Rate

6.78%
7.15%

Principal & Interest

$1,456 /mo
$1,512 /mo

What's Special

STAINLESS STEEL APPLIANCES
WALK-IN CLOSET
DOUBLE VANITY
PLAYGROUND
EFFICIENT

YOU MUST SEE THE PRIMARY SUITE IN THIS HOUSE!! Large enough for a KING size bed and a COMPLETE living room set up- talk about a true sanctuary! 3-bedroom, 2.5-bathroom home with open-concept living. Kitchen features stainless steel appliances, tall cabinets, and Corian counters. The expansive primary suite includes a walk-in closet, double vanity bathroom and private toilet. Energy Star WASHER and DRYER, recessed kitchen lighting, an EPOXY garage floor with OVERHEAD STORAGE and a NEW energy-efficient AC unit installed in 2022. Home also features a new garbage disposal (2022), a Ring Camera, and a Nest Thermostat. Side yard has just the right amount of outdoor space with pavers and artificial turf and NO neighbors to the east- enjoy a QUIET/PRIVATE a maintenance free yard! Plus enjoy all the community amenities: large green play areas, playgrounds and tons of community events! This home is price to sell quick!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.78
Remaining Loan Term
29 years, 1 months
Monthly PITI
$1,880.41/mo
Estimated Loan Balance
$223,077
Cash to close
$126,514
Interest Paid
$13,852

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • 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: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family - Detached
  • Architectural Style: Contemporary
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2009
Details
  • Builder: K HOVNANIAN HOMES

Community & HOA

Community
  • Subdivision: RIVERBEND UNIT B
  • Features: Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: RiverBend
  • HOA Amenities: Unknown
  • HOA Fee: $119
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $180.46
  • Tax Annual Amount: $1386
  • On Market Date: 2024-11-13T21:30:08.000Z
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 $126,514 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $126,514!

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

Loan Breakdown

Assumed Mortgage6.78% Sellers Rate
$222,486
Your Cash$126,514
Total Purchase Price:$349,000

Assumed vs Traditional Mortgage

Assumed @ 6.78%
$1,456/mo
Traditional @ 7.5%
$1,568/mo
You save $112/month ($1,343/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6783450

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-02-11T23:04:03.000Z

© , 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

6.78%
7.15%

Principal & Interest

$1,456 /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 $126,514 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $126,514!

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

Loan Breakdown

Assumed Mortgage6.78% Sellers Rate
$222,486
Your Cash$126,514
Total Purchase Price:$349,000

Assumed vs Traditional Mortgage

Assumed @ 6.78%
$1,456/mo
Traditional @ 7.5%
$1,568/mo
You save $112/month ($1,343/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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