Dan Kaercher

Dan Kaercher

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$699,000

($305,017 down)
VA

7238 W EL CORTEZ Place, Peoria, AZ 85383

5
3
3,526 sqft
PITI Monthly
$2,199.31 /mo

Listing courtesy of: David C Tucker, RE/MAX Fine Properties

Assumed Rate

2.81%
7.15%

Principal & Interest

$1,781 /mo
$2,924 /mo

What's Special

SOAKING TUB
SEPARATE SHOWER
GAME ROOM
PATIO

Welcome to Terramar, a desirable Peoria oasis perfectly nestled in the Northwest Valley! And welcome home to this stunner of a home loaded with incredible features and amazing upgrades! FIVE bedrooms, PLUS DEN, PLUS LOFT/GAME ROOM, three baths, a chef's dream kitchen with stunning raised panel cabinetry, gorgeous slab granite counters, center island, breakfast bar, walk in pantry and stainless-steel appliances! Ground floor owner's retreat boasts a spa bath with dual vanities, soaking tub and separate shower. Newer updates include the HVAC systems, water softener, carpet and more. Go on vacation everyday in your backyard oasis anchored by the beautiful pool, gas firepit and large covered patio.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.81
Remaining Loan Term
26 years, 0 months
Monthly PITI
$2,199.31/mo
Estimated Loan Balance
$396,546
Cash to close
$305,017
Interest Paid
$46,558

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Natural Gas
Features
  • Materials: Stucco, Wood Frame, Painted
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Exterior Fireplace, Fire Pit, Gas
  • Flooring: Carpet, Tile, Wood

Exterior

Fencing
  • Fencing: Block, Wrought Iron
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: Play Pool, Variable Speed Pump, Private

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family Residence
  • Architectural Style:
Materials
  • Stucco, Wood Frame, Painted
  • Roof: Tile
Condition
  • Year Built: 2001
Details
  • Builder: Shea Homes

Community & HOA

Community
  • Subdivision: TERRAMAR
  • Features: Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: TERRAMAR
  • HOA Amenities: Unknown
  • HOA Fee: $100
  • HOA Frequency: $Quarterly
Location
  • Region: Peoria

Financial Details

  • Price per Sqft: $198.24
  • Tax Annual Amount: $3018
  • On Market Date: 2025-04-03T18:20:11.000Z
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.

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Savings Calculator

Current cash to close is $305,017 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $305,017!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$393,983
Your Cash$305,017
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$1,781/mo
Traditional @ 7.5%
$3,033/mo
You save $1,252/month ($15,022/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6845453

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-03T20:20:18.000Z

© , 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

2.81%
7.15%

Principal & Interest

$1,781 /mo
$2,924 /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 $305,017 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $305,017!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$393,983
Your Cash$305,017
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$1,781/mo
Traditional @ 7.5%
$3,033/mo
You save $1,252/month ($15,022/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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