Dan Kaercher

Dan Kaercher

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Closed

$250,000

($86,747 down)
FHA

607 N CHERRY Lane, Maricopa, AZ 85138

3
2
1,249 sqft
PITI Monthly
$1,268.02 /mo

Listing courtesy of: Lisa Buhr, HomeSmart Success

Assumed Rate

5.52%
7.15%

Principal & Interest

$955 /mo
$1,134 /mo

What's Special

MODERN

Seller may assist with closing costs! Ready for Country living at its finest? You'll love the MILLIONS of stars and the most incredible SUNSETS...ever! Bring your toys, RV, Animals and have room to spread out! Property is fully fenced and in great condition. Experience rural charm at its peak in this inviting 3 bedroom 2 bathroom home. Ideal for animal enthusiasts, this property has a shared well. The air conditioning unit, a mere 6 years old, ensures modern comfort, while the recently replaced roof adds durability... storage shed is included . Revel in the breathtaking sunsets that grace this idyllic country home!!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.52
Remaining Loan Term
27 years, 4 months
Monthly PITI
$1,268.02/mo
Estimated Loan Balance
$163,659
Cash to close
$86,747
Interest Paid
$24,275

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Other
Features
  • Materials: See Remarks
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring:

Exterior

Fencing
  • Fencing: Chain Link, Wire
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: Septic in & Cnctd
  • Water Source: Pvt Water Company
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Mfg/Mobile Housing
  • Architectural Style: Ranch
Materials
  • See Remarks
  • Roof: Composition
Condition
  • Year Built: 2000
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: HIDDEN VALLEY ESTATES UNIT NO 7
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Maricopa

Financial Details

  • Price per Sqft: $200.16
  • Tax Annual Amount: $525
  • On Market Date: 2024-01-19T00:00:00.000Z
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 $86,747 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $86,747!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$163,253
Your Cash$86,747
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$955/mo
Traditional @ 7.5%
$1,176/mo
You save $221/month ($2,650/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6653207

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-01-11T21:03:46.000Z

© , 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

5.52%
7.15%

Principal & Interest

$955 /mo
$1,134 /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 $86,747 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $86,747!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$163,253
Your Cash$86,747
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$955/mo
Traditional @ 7.5%
$1,176/mo
You save $221/month ($2,650/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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