Laura Jewett

Laura Jewett

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$275,000

($59,850 down)
FHA

1121 S LAWTHER Drive, Apache Junction, AZ 85120

2
1
916 sqft
PITI Monthly
$1,358.16 /mo

Listing courtesy of: Julia Christine Mowry, Realty Executives

Assumed Rate

3.07%
7.15%

Principal & Interest

$982 /mo
$1,558 /mo

What's Special

SHOPPING
DINING
SPACIOUS
CLUBHOUSE
CHARMING
COZY

FHA loan is potentially assumable to those who qualify, LOW INTEREST RATE!!! Nestled in the quiet 55+ Apache Villa community, this charming semi-furnished home offers a cozy retreat with an inviting living space and functional kitchen. The spacious backyard is perfect for relaxing, entertaining, or working on projects in your backyard workshop. Residents have the option to join the HOA, unlocking access to fantastic amenities, including a clubhouse, pool, and a variety of social activities. Conveniently located near shopping, dining, and outdoor recreation, this property provides the perfect blend of comfort, convenience, and an active lifestyle in a friendly, vibrant neighborhood.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.07
Remaining Loan Term
26 years, 8 months
Monthly PITI
$1,358.16/mo
Estimated Loan Balance
$217,289
Cash to close
$59,850
Interest Paid
$22,806

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Painted, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Chain Link
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 1
Water
  • Sewer: Septic in & Cnctd
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Block
  • Roof: Composition
Condition
  • Year Built: 1969
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: APACHE VILLA
  • Features: Community Spa Htd, Community Pool Htd, Clubhouse
HOA
  • Has HOA: Yes
  • HOA Name: Apache Villa
  • HOA Amenities: Unknown
  • HOA Fee: $0
  • HOA Frequency: $Annually
Location
  • Region: Apache Junction

Financial Details

  • Price per Sqft: $300.22
  • Tax Annual Amount: $758
  • On Market Date: 2025-01-31T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $59,850 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $59,850!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$215,150
Your Cash$59,850
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$982/mo
Traditional @ 7.5%
$1,617/mo
You save $635/month ($7,620/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6810740

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-02-20T17:15:50.000Z

© , 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

3.07%
7.15%

Principal & Interest

$982 /mo
$1,558 /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 $59,850 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $59,850!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$215,150
Your Cash$59,850
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$982/mo
Traditional @ 7.5%
$1,617/mo
You save $635/month ($7,620/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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