Laura Jewett

Laura Jewett

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Closed

$265,000

($82,482 down)
FHA

11844 N CHERRY HILLS Drive E, Sun City, AZ 85351

2
1
1,139 sqft
PITI Monthly
$1,165.43 /mo

Listing courtesy of: Dawn Proefrock, Keller Williams Realty Sonoran Living

Assumed Rate

2.96%
7.15%

Principal & Interest

$825 /mo
$1,329 /mo

What's Special

FRESH PAINT
GRANITE COUNTERTOPS
SOLAR PANELS
MOTIVATED SELLER

Motivated sellers! We just did a huge price improvement! Great opportunity for buyers! This property, is centrally located, close to the recreation areas, on a quiet street. All of the big ticket items have been taken care of, providing an exceptional value to the buyers; new Anderson windows, new roof, new a/c, new exterior paint, new insulation in the attic, new plumbing, and like new carpet. This home also has an Electrostatic air purifier to provide cleaner air to breathe. The kitchen has granite countertops and the kitchen cabinets have fresh paint. The bathroom sink has been replaced and there was an updated toilet installed. There are leased solar panels for extra savings on electricity. There is also an additional storage space with a locking door attached to the carport.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.96
Remaining Loan Term
26 years, 3 months
Monthly PITI
$1,165.43/mo
Estimated Loan Balance
$200,266
Cash to close
$82,482
Interest Paid
$20,984

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Electric
Features
  • Materials: Painted, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Wrought Iron
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 1
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style:
Materials
  • Painted, Block
  • Roof: Composition
Condition
  • Year Built: 1960
Details
  • Builder: unknown

Community & HOA

Community
  • Subdivision: SUN CITY 1 LOT 90-240, 419-436 TR 1-27, A & D
  • Features: Community Pool, Golf
HOA
  • Has HOA: No
Location
  • Region: Sun City

Financial Details

  • Price per Sqft: $232.66
  • Tax Annual Amount: $607
  • On Market Date: 2024-10-28T00:00:00.000Z
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 $82,482 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $82,482!

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

Loan Breakdown

Assumed Mortgage2.96% Sellers Rate
$182,518
Your Cash$82,482
Total Purchase Price:$265,000

Assumed vs Traditional Mortgage

Assumed @ 2.96%
$825/mo
Traditional @ 7.5%
$1,379/mo
You save $553/month ($6,639/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6774799

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-01-26T07:53:50.000Z

© , 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

2.96%
7.15%

Principal & Interest

$825 /mo
$1,329 /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 $82,482 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $82,482!

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

Loan Breakdown

Assumed Mortgage2.96% Sellers Rate
$182,518
Your Cash$82,482
Total Purchase Price:$265,000

Assumed vs Traditional Mortgage

Assumed @ 2.96%
$825/mo
Traditional @ 7.5%
$1,379/mo
You save $553/month ($6,639/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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