Laura Jewett

Laura Jewett

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Closed

$665,000

($527,437 down)
VA

1117 W NEWPORT BEACH Drive, Gilbert, AZ 85233

4
2
2,348 sqft
PITI Monthly
$959.17 /mo

Listing courtesy of: Craig S Binder, Jason Mitchell Real Estate

Assumed Rate

2.83%
7.15%

Principal & Interest

$617 /mo
$1,010 /mo

What's Special

SPACIOUS
WATERFRONT

Welcome to Windhaven in the waterfront community of The Islands in Gilbert, Arizona—recently recognized as the best city in the state for raising a family. This exceptional single-level home is ideally positioned between the vibrant growth of downtown Gilbert and downtown Chandler. With effortless freeway access, you'll enjoy a swift commute to Sky Harbor Airport and downtown Phoenix. Featuring soaring ceilings, fresh interior paint, and abundant natural light, this home is designed for both comfort and style. The spacious living areas are perfect for entertaining, and the private pool adds a touch of relaxation to your everyday life. This is a rare opportunity to own a property in one of Gilbert's most sought-after neighborhoods. Don't miss your chance to make this dream home yours!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.83
Remaining Loan Term
25 years, 9 months
Monthly PITI
$959.17/mo
Estimated Loan Balance
$141,865
Cash to close
$527,437
Interest Paid
$17,156

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room, Master Bedroom, Gas
  • Flooring: Carpet, Stone

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 1997
Details
  • Builder: UDC

Community & HOA

Community
  • Subdivision: WINDHAVEN
  • Features: Lake Subdivision, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: The Islands
  • HOA Amenities: Unknown
  • HOA Fee: $377
  • HOA Frequency: $Semi-Annually
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $283.22
  • Tax Annual Amount: $2110
  • On Market Date: 2024-08-20T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $527,437 (79%)
You can enter any amount below - secondary financing will cover the difference if needed.
79%
$

You cover the entire equity of $527,437!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$137,563
Your Cash:$527,437
Total Purchase Price:$665,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$617/mo
Traditional @ 7.5%
$1,047/mo
You save $431/month ($5,168/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6745498

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-09-18T00:33:26.000Z

© , 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

2.83%
7.15%

Principal & Interest

$617 /mo
$1,010 /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 $527,437 (79%)
You can enter any amount below - secondary financing will cover the difference if needed.
79%
$

You cover the entire equity of $527,437!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$137,563
Your Cash:$527,437
Total Purchase Price:$665,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$617/mo
Traditional @ 7.5%
$1,047/mo
You save $431/month ($5,168/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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