6 bedroom 4bath on 1.25 acre only $199,900!

4830 E TROTTER TRL Queen Creek, AZ 85140 $199,900
Beds/Baths: 6 / 4
SF: 3,250 / County Assessor

Year Built: 2006
Apx Lot Size Range: 1 - 1.9 Acres
Level: Two Levels
Dwelling Type: Single Family - Detached Subdivision: METES & BOUNDS
Tax Municipality: Queen Creek
Ele Sch Dist: 0044 - J.O. Combs Unified District - Pinal
Elementary School: Ellsworth
Jr. High School: J. O. Combs High School Dist #: 0044 - J.O. Combs Unified District -Pinal
High School: J. O. Combs Middle

Cross Streets: COMBS ROAD & SCHNEPF ROAD Directions: From US60; Exit Ironwood, go South to Combs; Turn left (East), go past Schnepf (unpaved) .7miles to Ghost Rider; Turn right (South) on Ghost Rider,take 1st left (East) to home on left at end of circle

*HUGE PRICE REDUCTION...SELLER WANTS THIS SOLD!* This is a custom beauty on a nice sized lot (1.25 acres)...gorgeous views & peace & quiet! Kitchen has upgraded cabinets, tiled counters and floors, plus a pantry. Plenty of cabinet space here! There's a great room upon entry w/ a den/office to the left. The master bedroom (and 3/4 bath) plus a 2nd bedroom are upstairs, as well as a 2nd full bath in the hall. Finished basement (1392 sq/ft) features 4 more bedrooms plus a jack/jill bath & another full bath in the hall! There's also a fabulous game room for the kids that could be a media room!
Down payment programs such as FHA available as low as 3.5% and interest rates as low as 5% make owning this home as affordable as renting... UNBELIEVABLE!! At a 5% interest rate after 3.5% down the payment on this huge family home would be around $1,040/mo!

What can you afford?

As of today, mortgage interest rates have dropped below 5%! And many homes qualify for downpayments as low as 3.5%. So, how much home could you realistically afford? I put together the following example home prices and the corresponding payments at 5%with FHA financing at 3.5% down.
Home Price Payment
70K= $364/mo
80K= $416/mo
90K= $468/mo
100K= $520/mo
120K= $624/mo
130k= $676/mo
150k= $781/mo
170K= $885/mo
190k= $989/mo
200k= $1041/mo
220k= $1145/mo
240k= $1249/mo
260k= $1353/mo
280k= $1458/mo
300k= $1562/mo

Feel free to give me a call for a list of homes that meet your criteria and fall within your price range. I can email all the possibilities, including addresses and pictures.

Rent vs Owning a Home

Did you know that right now you can own a home for the same payment or LESS than you are currently paying for rent? There are literally thousands of homes for sale in Maricopa county that are in great condition, in family neighborhoods, with square footage as big or bigger than your current rental for under $100,000. Now, that may sound like a lot of money, but with the low interest rates and low down payment programs available right now, you could get a great family home for a payment under $1,000/mo. And right now you can get an FHA loan with a down payment a low as 3 1/2 percent... that's about what you would pay for first month rent and deposit to move into a rental... only you would own your own home! Give me a call or send me an email for a list of properties that meet your criteria. I can take you out any time to show you any home for sale in Maricopa county.