Dan Kaercher

Dan Kaercher

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Closed

$475,000

($177,112 down)
FHA

725 W PASEO Way, Tempe, AZ 85283

4
2
1,644 sqft
PITI Monthly
$1,949.46 /mo

Listing courtesy of: Christopher Woodward, Jason Mitchell Real Estate

Assumed Rate

3.23%
7.15%

Principal & Interest

$1,407 /mo
$2,188 /mo

What's Special

LOCATION
NO HOA

NO HOA!!! This Amazing open floor plan home is all about Location!! Perfect for your 1st time home buyers to own in Tempe for under $500K situated on an OVERSIZED Cul De Sac lot with RV GATE and Parking. NEW AC, NEW ROOF, NEW WATER HEATER, close to Kiwanis park , Ken McDonald golf Course and Tempe Sport complex practically on your door step, and just 2 miles to South Mountain Pima Canyon trail and Arizona Grand Resort. Endless opportunities for outdoor adventures for hiking, golf, and pickleball, just to name a few!. Commuting is a breeze with easy access to major freeways, ASU and vibrant downtown Tempe, and PHX Sky Harbor INT Airport. Don't miss this opportunity to make this Tempe home yours and enjoy all the local amenities this location has to offer.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.23
Remaining Loan Term
25 years, 3 months
Monthly PITI
$1,949.46/mo
Estimated Loan Balance
$299,692
Cash to close
$177,112
Interest Paid
$47,300

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Evaporative Cooling
  • Heating: Electric
Features
  • Materials: Blown Cellulose, Painted, Block, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
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: 1
  • Home type: Single Family - Detached
  • Architectural Style: Unknown
Materials
  • Blown Cellulose, Painted, Block, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 1981
Details
  • Builder: unknown

Community & HOA

Community
  • Subdivision: TEMPE ROYAL ESTATES UNIT 2
  • Features: Playground
HOA
  • Has HOA: No
Location
  • Region: Tempe

Financial Details

  • Price per Sqft: $288.93
  • Tax Annual Amount: $1760
  • On Market Date: 2023-11-17T00:00:00.000Z
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 $177,112 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $177,112!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$297,888
Your Cash$177,112
Total Purchase Price:$475,000

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$1,407/mo
Traditional @ 7.5%
$2,270/mo
You save $863/month ($10,361/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6629728

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-03-07T09:06:34.000Z

© , 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

3.23%
7.15%

Principal & Interest

$1,407 /mo
$2,188 /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 $177,112 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$

You cover the entire equity of $177,112!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$297,888
Your Cash$177,112
Total Purchase Price:$475,000

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$1,407/mo
Traditional @ 7.5%
$2,270/mo
You save $863/month ($10,361/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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