$375,000
($75,751 down)7533 W MERCER Lane, Peoria, AZ 85345
PITI Monthly
Listing courtesy of: Preston White, W and Partners, LLC
Assumed Rate
4.98%
7.15%Principal & Interest
$1,662 /mo
$2,096 /moWhat's Special
Charming 3-Bedroom, 2-Bath Home on a Spacious Corner Cul-de-Sac Lot with RV Gate in Peoria, AZ Located in the heart of Peoria, AZ 85345, this single-story former model home from the late '80s offers endless potential for its new owner! Sitting on a desirable corner lot in a quiet cul-de-sac, this 3-bedroom, 2-bath gem features both a large front and back yard—perfect for outdoor living, gardening, or expanding your dream space. The home also comes equipped with an RV gate, providing ample room for parking or additional storage. Recent updates include a 6-year-old roof, giving you peace of mind as you embark on turning this fixer-upper into your ideal home. Whether you're looking for a place to remodel or customize to your taste, this property is ready for transformation. Located just a short distance from Peoria Elementary and Peoria High School, this home is perfect for families or investors looking for a property with great potential. FHA assumable mortgage at 4.881%!!
Assumption Snapshot
Type of Loan
FHA
Interest Rate
4.98
Remaining Loan Term
27 years, 2 months
Monthly PITI
$2,094.48/mo
Estimated Loan Balance
$300,084
Cash to close
$75,751
Interest Paid
$42,877
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
Cooling & Heating
- Cooling: Refrigeration
- Heating: Electric
Features
- Materials: Painted, Stucco, Frame - Wood
- Community: Unknown
- Has Fireplace: Yes
- Fireplace Features: 1 Fireplace, Living Room
- Flooring: 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: Other (See Remarks)
Materials
- Painted, Stucco, Frame - Wood
- Roof: Composition
Condition
- Year Built: 1985
Details
- Builder: Unknown
Community & HOA
Community
- Subdivision: DESERT COVE MANOR
- Features:
HOA
- Has HOA: No
Location
- Region: Peoria
Financial Details
- Price per Sqft: $317.26
- Tax Annual Amount: $750
- On Market Date: 2024-09-26T01:20:02.000Z
Inquire about this property
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Fill out an application to explore financing options for assuming this loan.
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You cover the entire equity of $75,751!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: 6762375
Listing From: Arizona Regional Multiple Listing Service (ARMLS)
Last updated: 2025-01-18T10:00:34.000Z
© , 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
4.98%
7.15%Principal & Interest
$1,662 /mo
$2,096 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $75,751!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000Resources
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