Dan Kaercher

Dan Kaercher

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Closed

$350,000

($88,754 down)
FHA

8970 E Sugar Sumac Street Street, Tucson, AZ 85747

4
2
2,261 sqft
PITI Monthly
$1,822.13 /mo

Listing courtesy of: 20210322200010180060000000, Real Broker

Assumed Rate

3.45%
7.15%

Principal & Interest

$1,265 /mo
$1,914 /mo

What's Special

SHOPPING
EFFICIENT
SOLAR PANELS
AFFORDABLE

Terrific starter home located in Rita Ranch with a 3.5% FHA Assumable Rate. It is a stunning 4 Bedroom 2.5 Bathroom 2,261sq.ft. home within the Silver Pass community. Solar Panels on the home provide energy efficient living as well as the assurance of no poly pipes in the home and a water softener. All appliances convey on the property including the washer and dryer. The 3rd car garage was used as an office space but can be converted back into a functioning 3rd car garage. Enjoy the benefits of the Vail School District and all the nearby shopping amenities including easy freeway access. Don't miss your chance to own a great home at an affordable price.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.45
Remaining Loan Term
26 years, 11 months
Monthly PITI
$1,822.13/mo
Estimated Loan Balance
$271,729
Cash to close
$88,754
Interest Paid
$29,253

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fans, Central Air, Wall Unit(s)
  • Heating: Forced Air
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Ceramic Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces: 3
Water
  • Sewer: Connected
  • Water Source: City
Pool
  • Has Pool: Yes
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: Two
  • Home type: Single Family Residence
  • Architectural Style: Contemporary
Materials
  • Unknown
  • Roof: Tile
Condition
  • Year Built: 1996
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Silver Pass (1-276)
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Silver Pass HOA
  • HOA Amenities: Unknown
  • HOA Fee: $11.00
  • HOA Frequency: $Quarterly
Location
  • Region: Tucson

Financial Details

  • Price per Sqft: $154.8
  • Tax Annual Amount: $2482.39
  • On Market Date: 2024-05-09T20:04:43.000Z
Inquire about this property

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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 $88,754 (25%)
You can enter any amount below - secondary financing will cover the difference if needed.
25%
$

You cover the entire equity of $88,754!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$261,246
Your Cash$88,754
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,265/mo
Traditional @ 7.5%
$1,985/mo
You save $721/month ($8,648/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 22411663

Listing From: MLS of Southern Arizona

Last updated: 2024-07-12T19:11:22.000Z

© , MLS of Southern Arizona. 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

3.45%
7.15%

Principal & Interest

$1,265 /mo
$1,914 /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 $88,754 (25%)
You can enter any amount below - secondary financing will cover the difference if needed.
25%
$

You cover the entire equity of $88,754!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$261,246
Your Cash$88,754
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,265/mo
Traditional @ 7.5%
$1,985/mo
You save $721/month ($8,648/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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