Laura Jewett

Laura Jewett

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Closed

$384,900

($239,145 down)
FHA

106 W MOHAWK Drive, Phoenix, AZ 85027

3
2
1,350 sqft
PITI Monthly
$1,201.39 /mo

Listing courtesy of: James Ball, Award Realty

Assumed Rate

3.8%
7.15%

Principal & Interest

$824 /mo
$1,194 /mo

What's Special

SPACIOUS
VAULTED CEILINGS
PATIO
PRIVATE BACKYARD
AFFORDABLE

A great opportunity to own a solar equipped 3 bedroom, 2 bath, North-South facing home, in a wonderful neighborhood close to the 101 and the 17. Open floor-plan with vaulted ceilings and neutral tile and carpet. The kitchen is light and bright with white cabinets and a nice eating area looking out to the private backyard. Roomy Owner's suite with 2 closets, separate sitting area, vaulted ceiling, and opens out onto the backyard. Owner's bath has 2 sinks and a private toilet room. Nice spacious backyard with lots of privacy and a patio, great for entertaining! Large no-lease solar system will afford you very low electrical bills! There is a 2 car garage with lots of storage. A very bright and affordable solar home in a quiet family neighborhood close to schools and major freeway access!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.8
Remaining Loan Term
20 years, 8 months
Monthly PITI
$1,201.39/mo
Estimated Loan Balance
$149,662
Cash to close
$239,145
Interest Paid
$56,831

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric, Ceiling
Features
  • Materials: Blown Cellulose, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, 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: Contemporary
Materials
  • Blown Cellulose, Stucco, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 1995
Details
  • Builder: Beazer

Community & HOA

Community
  • Subdivision: ROSE GARDEN LANE
  • Features: Near Bus Stop, Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Rose Garden HOA
  • HOA Amenities: Unknown
  • HOA Fee: $99
  • HOA Frequency: $Quarterly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $285.11
  • Tax Annual Amount: $1232
  • On Market Date: 2024-07-04T08:34:41.000Z
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 $239,145 (62%)
You can enter any amount below - secondary financing will cover the difference if needed.
62%
$

You cover the entire equity of $239,145!

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

Loan Breakdown

Assumed Mortgage3.8% Sellers Rate
$145,755
Your Cash:$239,145
Total Purchase Price:$384,900

Assumed vs Traditional Mortgage

Assumed @ 3.8%
$824/mo
Traditional @ 7.5%
$1,238/mo
You save $415/month ($4,976/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6697104

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-07-01T16:59:59.000Z

© , 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

3.8%
7.15%

Principal & Interest

$824 /mo
$1,194 /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 $239,145 (62%)
You can enter any amount below - secondary financing will cover the difference if needed.
62%
$

You cover the entire equity of $239,145!

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

Loan Breakdown

Assumed Mortgage3.8% Sellers Rate
$145,755
Your Cash:$239,145
Total Purchase Price:$384,900

Assumed vs Traditional Mortgage

Assumed @ 3.8%
$824/mo
Traditional @ 7.5%
$1,238/mo
You save $415/month ($4,976/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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