Laura Jewett

Laura Jewett

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Closed

$349,900

($213,397 down)
FHA

11634 W OLIVE Drive, Avondale, AZ 85392

3
3
1,564 sqft
PITI Monthly
$1,185.29 /mo

Listing courtesy of: George Laughton, My Home Group Real Estate

Assumed Rate

3.94%
7.15%

Principal & Interest

$791 /mo
$1,127 /mo

What's Special

SPACIOUS
GRANITE COUNTERTOPS
FIREPLACE
LANDSCAPED

Nestled in the picturesque Garden Lakes Subdivision, this property offers stunning views of pristine lakes that shine during the fall and spring seasons. Boasting 3 bedrooms and 2.5 baths, this residence features a spacious living space with soaring ceilings and a inviting fireplace, perfect for relaxing evenings. The expansive kitchen showcases elegant granite countertops, a pantry, and a sunny breakfast room. Step outside to your beautifully landscaped backyard complemented by a covered ramada surrounded by vibrant flowering plants. The fountains at North Lake never fail to impress, while the nearby aviary sanctuary provides a peaceful retreat with its abundance of ducks, geese, hawks, and graceful cranes. This beautiful home creates the perfect blend of nature and convenience.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.94
Remaining Loan Term
20 years, 9 months
Monthly PITI
$1,185.29/mo
Estimated Loan Balance
$191,827
Cash to close
$213,397
Interest Paid
$55,325

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Living Room
  • Flooring: Carpet, Tile

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: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family - Detached
  • Architectural Style: Santa Barbara/Tuscan
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 1990
Details
  • Builder: CONTINENTAL HOMES

Community & HOA

Community
  • Subdivision: GARDEN LAKES
  • Features: Lake Subdivision, Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Garden Lakes
  • HOA Amenities: Unknown
  • HOA Fee: $67
  • HOA Frequency: $Monthly
Location
  • Region: Avondale

Financial Details

  • Price per Sqft: $223.72
  • Tax Annual Amount: $1511
  • On Market Date: 2024-09-06T00:00:00.000Z
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 $213,397 (61%)
You can enter any amount below - secondary financing will cover the difference if needed.
61%
$

You cover the entire equity of $213,397!

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

Loan Breakdown

Assumed Mortgage3.94% Sellers Rate
$136,503
Your Cash:$213,397
Total Purchase Price:$349,900

Assumed vs Traditional Mortgage

Assumed @ 3.94%
$791/mo
Traditional @ 7.5%
$1,169/mo
You save $378/month ($4,539/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6742151

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-02-10T10:00:19.000Z

© , 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

3.94%
7.15%

Principal & Interest

$791 /mo
$1,127 /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 $213,397 (61%)
You can enter any amount below - secondary financing will cover the difference if needed.
61%
$

You cover the entire equity of $213,397!

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

Loan Breakdown

Assumed Mortgage3.94% Sellers Rate
$136,503
Your Cash:$213,397
Total Purchase Price:$349,900

Assumed vs Traditional Mortgage

Assumed @ 3.94%
$791/mo
Traditional @ 7.5%
$1,169/mo
You save $378/month ($4,539/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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