Laura Jewett

Laura Jewett

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Closed

$475,000

($339,629 down)
FHA

1219 E SILVERWOOD Drive, Phoenix, AZ 85048

3
2
1,448 sqft
PITI Monthly
$2,245.12 /mo

Listing courtesy of: Janis Lee, Elite Partners

Assumed Rate

3.17%
7.15%

Principal & Interest

$1,716 /mo
$2,228 /mo

What's Special

FIREPLACE
VAULTED CEILINGS

Seller offering a $10,000 buyer concession/credit!! This corner lot home is not only a bargain for the area, It's also got vaulted ceilings which males this home feel very open and an upgraded kitchen that's open to a TV room w/ a beautiful stone lined wood burning fireplace, you can definitely entertain in. How about plantation shutters? Check! What about an outdoor island for entertaining? Yep. Water feature for the sparkling pool? Yes again! So much this place has to offer for the price/too much to list. Come make this sweet home your own!!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.17
Remaining Loan Term
7 years, 4 months
Monthly PITI
$2,245.12/mo
Estimated Loan Balance
$218,590
Cash to close
$339,629
Interest Paid
$46,897

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile, Built-Up
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Sewer in & Cnctd, Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile, Built-Up
Condition
  • Year Built: 1988
Details
  • Builder: Ryland Homes

Community & HOA

Community
  • Subdivision: FOOTHILLS PARCEL 03B
  • Features:
HOA
  • Has HOA: Yes
  • HOA Name: The Foothills Commun
  • HOA Amenities: Unknown
  • HOA Fee: $210
  • HOA Frequency: $Semi-Annually
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $328.04
  • Tax Annual Amount: $2257
  • On Market Date: 2024-07-04T08:40:38.000Z
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 $339,629 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
$

You cover the entire equity of $339,629!

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

Loan Breakdown

Assumed Mortgage3.17% Sellers Rate
$135,371
Your Cash:$339,629
Total Purchase Price:$475,000

Assumed vs Traditional Mortgage

Assumed @ 3.17%
$1,716/mo
Traditional @ 7.5%
$2,280/mo
You save $563/month ($6,760/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6723797

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-09-24T22:29:59.000Z

© , 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

3.17%
7.15%

Principal & Interest

$1,716 /mo
$2,228 /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 $339,629 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
$

You cover the entire equity of $339,629!

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

Loan Breakdown

Assumed Mortgage3.17% Sellers Rate
$135,371
Your Cash:$339,629
Total Purchase Price:$475,000

Assumed vs Traditional Mortgage

Assumed @ 3.17%
$1,716/mo
Traditional @ 7.5%
$2,280/mo
You save $563/month ($6,760/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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