Laura Jewett

Laura Jewett

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Closed

$125,000

($311,204 down)
FHA

1117 E GARFIELD Street, Phoenix, AZ 85006

1
N/A
600 sqft
PITI Monthly
$1,652 /mo

Listing courtesy of: Bettina Franco, HomeSmart

Assumed Rate

2.77%
7.15%

Principal & Interest

$1,098 /mo
$1,811 /mo

What's Special

INVESTORS

PRICE REDUCTION..Investors/speculators/Drive 7th St to Vanburen to see all the growth happening(Hot spot)minutes to Downtown ASU campus U of A campus and all the other infill development that is happening -projects are pounding away/ Just South is ASU prepatory campus/walking distance/minutes to Central also to Roosevelt Row Art District that happens monthly - Zoned R3 - 2 Individual 2 bdrm 1 bath units that were getting $450 in rent - you can if not tear down and build 3 units per 2,000 sq ft of lot space and build 2 story - check for approval for density and other info- Minutes North to I-10 to head west to sporting venues or head East - quick easy access- buy and keep to hold or renovate and lease out with generating income-this area is hot on infill develop - Property being sold ''AS

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.77
Remaining Loan Term
25 years, 9 months
Monthly PITI
$1,652/mo
Estimated Loan Balance
$254,377
Cash to close
$311,204
Interest Paid
$30,111

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 0
Cooling & Heating
  • Cooling: Other, See Remarks, None, Individual, Wall/Window Unit(s)
  • Heating: None
Features
  • Materials: Painted, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Ceramic Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: See Remarks
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: Public Sewer
  • Water Source: City Franchise
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type:
  • Architectural Style: Ranch
Materials
  • Painted, Frame - Wood
  • Roof: See Remarks
Condition
  • Year Built: 1926
Details
  • Builder: unknown

Community & HOA

Community
  • Subdivision: SUNNYSIDE TRACT
  • Features: No Pool
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $208.33
  • Tax Annual Amount: $480
  • On Market Date: 2024-07-04T08:22:21.000Z
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 $311,204 (249%)
You can enter any amount below - secondary financing will cover the difference if needed.
249%
$

You cover the entire equity of $311,204!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
-$186,204
Your Cash:$311,204
Total Purchase Price:$125,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,098/mo
Traditional @ 7.5%
$1,879/mo
You save $781/month ($9,375/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 5442314

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-12-30T23:45:12.000Z

© , 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

2.77%
7.15%

Principal & Interest

$1,098 /mo
$1,811 /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 $311,204 (249%)
You can enter any amount below - secondary financing will cover the difference if needed.
249%
$

You cover the entire equity of $311,204!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
-$186,204
Your Cash:$311,204
Total Purchase Price:$125,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,098/mo
Traditional @ 7.5%
$1,879/mo
You save $781/month ($9,375/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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