$1,260,000
($391,577 down)1021 E PIERCE Street, Phoenix, AZ 85006
PITI Monthly
Listing courtesy of: Bryce Neagle, ABI Multifamily
Assumed Rate
4.98%
7.15%Principal & Interest
$4,844 /mo
$6,109 /moWhat's Special
1021 E Pierce St is a 4-unit, garden-style property, built in 2006. The property offers an excellent investment opportunity in the sought-after Garfield Historic District. Each unit features 3 bedrooms, 2 bathrooms, and 950 square feet of living space. The property includes washer & dryer hookups in every unit and is individually metered for electricity. Residents also enjoy a landscaped community yard and an on-site parking lot. With value-add potential through continued interior and exterior renovations, the property is also extremely well located within walking distance of Arizona State University's Downtown Campus, Chase Field, and the vibrant dining and entertainment scene of Downtown Phoenix.
Assumption Snapshot
Type of Loan
VA
Interest Rate
4.98
Remaining Loan Term
27 years, 3 months
Monthly PITI
$5,363.45/mo
Estimated Loan Balance
$869,658
Cash to close
$391,577
Interest Paid
$121,366
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms:
- Bathrooms: 0
Cooling & Heating
- Cooling: Electric, Individual
- Heating: Individual, Electric
Features
- Materials: Wood Frame, Painted, Stucco
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: Unknown
- Flooring: Vinyl
Exterior
Fencing
- Fencing: Unknown
Roof
- Roof: Tile
Parking
- Garage: No
- Garage Spaces:
- Carport: No
- Carport Spaces: 0
Water
- Sewer: Public Sewer
- Water Source: City Franchise
Pool
- Has Pool: No
- Pool Features: Unknown
Construction
Type & Style
- Stories:
- Home type:
- Architectural Style: Unknown
Materials
- Wood Frame, Painted, Stucco
- Roof: Tile
Condition
- Year Built: 2006
Details
- Builder:
Community & HOA
Community
- Subdivision: MT PLEASANT TRACT BLOCKS 2-5
- Features: No Pool
HOA
- Has HOA: No
Location
- Region: Phoenix
Financial Details
- Price per Sqft: $1,260,000
- Tax Annual Amount: $2632
- On Market Date: 2025-01-29T17:50:08.000Z
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: 6812277
Listing From: Arizona Regional Multiple Listing Service (ARMLS)
Last updated: 2025-03-22T08:11:42.000Z
© , 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
$4,844 /mo
$6,109 /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 $391,577!
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
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000Resources
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