Dan Kaercher

Dan Kaercher

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Under Contract

$285,000

($0 down)*
FHA

Potential short sale please verify with your agent.

5850 W CHEERY LYNN Road, Phoenix, AZ 85031

4
2
1,440 sqft
PITI Monthly
$2,645.21 /mo

Listing courtesy of: Matthew S. Potter, Real Broker

Assumed Rate

6.9%
7.15%

Principal & Interest

$2,101 /mo
$2,154 /mo

What's Special

ENTERTAINMENT
FIREPLACE
PATIO
COZY
NO HOA

NO HOA!!! The home features an open eat-in kitchen, an expansive family room with a cozy brick fireplace, and ceramic tile showers. A covered porch is found in the front of the home and a covered patio is located in the back yard. Property includes gated pool with a slide, shed and outdoor cooking area for entertainment.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.9
Remaining Loan Term
27 years, 8 months
Monthly PITI
$2,645.21/mo
Estimated Loan Balance
$328,704
Cash to close
$0
Interest Paid
$50,747

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Evaporative Cooling
  • Heating: Electric
Features
  • Materials: Synthetic Stucco, Painted, Stucco, Block
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace
  • Flooring: Vinyl, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: Yes
  • Carport Spaces: 1
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style:
Materials
  • Synthetic Stucco, Painted, Stucco, Block
  • Roof: Composition
Condition
  • Year Built: 1960
Details
  • Builder: Knoell

Community & HOA

Community
  • Subdivision: MARYVALE TERRACE 22 LOTS 8426-8591
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $197.92
  • Tax Annual Amount: $2021.9
  • On Market Date: 2024-10-11T16:10:04.000Z
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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage6.9% Sellers Rate
$285,000
Your Cash$0
Total Purchase Price:$285,000

Assumed vs Traditional Mortgage

Assumed @ 6.9%
$2,101/mo
Traditional @ 7.5%
$2,235/mo
You save $134/month ($1,607/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6769694

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-21T15:00:46.000Z

© , 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

6.9%
7.15%

Principal & Interest

$2,101 /mo
$2,154 /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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage6.9% Sellers Rate
$285,000
Your Cash$0
Total Purchase Price:$285,000

Assumed vs Traditional Mortgage

Assumed @ 6.9%
$2,101/mo
Traditional @ 7.5%
$2,235/mo
You save $134/month ($1,607/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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