What a deal!
You have likely been told that low interest rate loans are think of the past. While, at the time of writing this, rates for a 30 year loan are over 7%, there are still ways to get historically low rate. Such at out listing at 685 S McCracken Lane in Camp Verde. This home, has the option to assume approximately $510,000 at a rate of only 2.23%, the current owners Principal, interest, taxes and insurance payment is only $2,361.60. The Principal, interest and taxes payment is just $2,090 at an interest rate of 7.5% at a principal balance $515,000 the payment would be $3,668 / month a savings of $1,578 per month. Over the course of the loan, that is a savings of over $500,000 in interest. You could use the additional funds, to pay your loan of quicker or to invest. The Choice is yours.
Contact our team at Chambers Realty Group to learn more about the assumable loan process! Click here for our agents contact info
What does the property at 685 S McCracken Lane have to offer?
The first two things you should know about this house are two of the most important things to consider when looking at real estate. But before you read that, check out this quick video that highlights, the hiking right out your front door, as well as the stunning views, and experiences such as lighting storms that you can only get at this property!
- The location. This property sits at on top of a hill at a dead end street, bordering state trust land on one side. You can mountain bike, hike, ride horses, and so much more right from the property. That is right, take your horses out with no trailer. Not only that, you can right right to the Camp Verde Arena Association and with a membership use their arena. You can also follow state land to the new Camp Verde Sports Complex, which has it’s own hiking and biking trails, as well as a planned, frisbee golf course. While the property sites on over 3 acres, it is still in the town of Camp Verde, with quick access to everything.
- Views, this property has spectacular views. The hilltop location allows for views that cannot be blocked. From the massive, covered back porch, there are stunning mountain views, views of the town, including the greenbelt and Verde River, as well as views of Historic Fort Verde State park. Click Here To See The Property Listing and Browse Photos