Laura Jewett

Laura Jewett

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Closed

$275,000

($196,978 down)
FHA

116 BLACK KNOB View, Bisbee, AZ 85603

6
3
2,900 sqft
PITI Monthly
$930.17 /mo

Listing courtesy of: Tiffany Alexander, Tierra Antigua Realty

Assumed Rate

3.46%
7.15%

Principal & Interest

$548 /mo
$829 /mo

What's Special

SHOPPING
SPACIOUS
MODERN
FIREPLACE
SOAKING TUB
SAFE
HISTORIC
RENTAL INCOME

Versatile and spacious! Great opportunity in quiet and peaceful Warren district of Bisbee. This 6 bed, 2.75 bath has ample room for all of your ideas and activities!! First floor has 3 bedrooms and 1.75 bath, kitchen, laundry room and additional den with fireplace. Upstairs addition with separate entrance could be finished into a separate apartment that would be great as a rental opportunity, artist studio or in-law suite! Historic home, but with some modern upgrades—REWIRED in 2005, NEW ROOF in 2022, plumbing partially redone as well. Additional highlights include central heating, fireplace, clawfoot soaking tub and large concrete slab off back den area that could also be covered or enclosed. This would make an excellent primary or second residence for the hobbyist, artist or someone with a large family looking to host! Also ideal for those looking to offset future living expenses or see ROI through rental income. Near the historic Warren Ballpark, Copper Pig Restaurant, Warren Peace Cafe and more. 10 minute drive to historic Old Bisbee and also a 10 min drive to Safeway, ACE and more shopping in the other direction. Buyer to verify all facts and figures.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.46
Remaining Loan Term
21 years, 7 months
Monthly PITI
$930.17/mo
Estimated Loan Balance
$103,528
Cash to close
$196,978
Interest Paid
$32,621

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 6
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Heating: Natural Gas
Features
  • Materials: Painted, Siding, Frame - Metal, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace
  • Flooring: Other, Carpet, Laminate, Wood

Exterior

Fencing
  • Fencing: Other, Chain Link, Wood
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: Public Sewer
  • Water Source: Pvt Water Company
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style:
Materials
  • Painted, Siding, Frame - Metal, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 1926
Details
  • Builder: N/A

Community & HOA

Community
  • Subdivision: WARREN
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Bisbee

Financial Details

  • Price per Sqft: $94.83
  • Tax Annual Amount: $1738
  • On Market Date: 2024-07-12T17:10:05.000Z
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 $196,978 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
$

You cover the entire equity of $196,978!

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

Loan Breakdown

Assumed Mortgage3.46% Sellers Rate
$78,022
Your Cash:$196,978
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 3.46%
$548/mo
Traditional @ 7.5%
$860/mo
You save $311/month ($3,738/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6730439

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-11-01T19:45:12.000Z

© , 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

3.46%
7.15%

Principal & Interest

$548 /mo
$829 /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 $196,978 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
$

You cover the entire equity of $196,978!

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

Loan Breakdown

Assumed Mortgage3.46% Sellers Rate
$78,022
Your Cash:$196,978
Total Purchase Price:$275,000

Assumed vs Traditional Mortgage

Assumed @ 3.46%
$548/mo
Traditional @ 7.5%
$860/mo
You save $311/month ($3,738/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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