Laura Jewett

Laura Jewett

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Closed

$395,000

($156,072 down)
FHA

117 W CONCORDA Drive UNIT 104, Tempe, AZ 85282

3
2
1,258 sqft
PITI Monthly
$1,838.58 /mo

Listing courtesy of: Rebecca Kallhoff, RE/MAX Alliance Group

Assumed Rate

5.52%
7.15%

Principal & Interest

$1,391 /mo
$1,651 /mo

What's Special

SHOPPING
DINING
STAINLESS STEEL APPLIANCES
FIREPLACE
PATIO
MATURE TREES
CHARMING
COZY

Charming home in the heart of Tempe, close to shopping, dining & freeways,.AND less than a mile from ASU campus! Great sized front patio, with privacy wall. Mature trees provide shade from the Arizona sun. Open floor plan, so you never miss a moment. Tile throughout the main living areas, making for easy clean-up. The kitchen boasts of stainless steel appliances, plenty of cabinet space, with a window looking out over the sink. Eat-in dining room separates the kitchen and living room. Large living room, with a fireplace to cozy up to in our cooler months. Large primary bedroom, with over-sized closet and private bathroom. Secondary bedrooms are great sized, with a bathroom down the hall. Tile flooring and fans throughout the home help keep the home cooler in the warmer months.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.52
Remaining Loan Term
27 years, 4 months
Monthly PITI
$1,838.58/mo
Estimated Loan Balance
$242,056
Cash to close
$156,072
Interest Paid
$35,353

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Brick Veneer, Block
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Townhouse
  • Architectural Style:
Materials
  • Brick Veneer, Block
  • Roof: Composition
Condition
  • Year Built: 1979
Details
  • Builder: UNK

Community & HOA

Community
  • Subdivision: ALAMEDA PARK CONDOMINIUMS
  • Features: Community Pool
HOA
  • Has HOA: Yes
  • HOA Name: Alamenda Park Condo
  • HOA Amenities: Unknown
  • HOA Fee: $185
  • HOA Frequency: $Monthly
Location
  • Region: Tempe

Financial Details

  • Price per Sqft: $313.99
  • Tax Annual Amount: $1489
  • On Market Date: 2024-07-04T07:41:37.000Z
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 $156,072 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $156,072!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$238,928
Your Cash$156,072
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$1,391/mo
Traditional @ 7.5%
$1,713/mo
You save $322/month ($3,859/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6685256

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-06-11T08:08:16.000Z

© , 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

5.52%
7.15%

Principal & Interest

$1,391 /mo
$1,651 /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 $156,072 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $156,072!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$238,928
Your Cash$156,072
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$1,391/mo
Traditional @ 7.5%
$1,713/mo
You save $322/month ($3,859/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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