Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$525,000

($468,837 down)
FHA

1226 E FAIRMONT Drive, Tempe, AZ 85282

4
2
1,838 sqft
PITI Monthly
$1,135.11 /mo

Listing courtesy of: Patrick Brennan, Patrick Tighe Brennan

Assumed Rate

4.3%
7.15%

Principal & Interest

$679 /mo
$927 /mo

What's Special

MOVE-IN READY
NO HOA

Welcome home to the heart of Tempe. This move-in ready home is situated on a quiet interior corner lot with no HOA, featuring a large diving pool, low-maintenance desert landscaping, and great proximity to grocery stores (Sprouts, Aldi, Fry's), bars and restaurants, public library, parks, MCC and ASU! Don't miss this opportunity to make it your own.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.3
Remaining Loan Term
15 years, 9 months
Monthly PITI
$1,135.11/mo
Estimated Loan Balance
$121,271
Cash to close
$468,837
Interest Paid
$72,012

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
Features
  • Materials: Painted, Block
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Family Room
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Fenced, Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Block
  • Roof: Composition
Condition
  • Year Built: 1968
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: TEMPE ROYAL PALMS UNIT 4
  • Features: Biking/Walking Path
HOA
  • Has HOA: No
Location
  • Region: Tempe

Financial Details

  • Price per Sqft: $285.64
  • Tax Annual Amount: $2307
  • On Market Date: 2024-07-12T18:40:05.000Z
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.

Apply now

Savings Calculator

Current cash to close is $468,837 (89%)
You can enter any amount below - secondary financing will cover the difference if needed.
89%
$

You cover the entire equity of $468,837!

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

Loan Breakdown

Assumed Mortgage4.3% Sellers Rate
$56,163
Your Cash:$468,837
Total Purchase Price:$525,000

Assumed vs Traditional Mortgage

Assumed @ 4.3%
$679/mo
Traditional @ 7.5%
$961/mo
You save $282/month ($3,387/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6730520

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-08-09T05:08:30.000Z

© , 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

4.3%
7.15%

Principal & Interest

$679 /mo
$927 /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 $468,837 (89%)
You can enter any amount below - secondary financing will cover the difference if needed.
89%
$

You cover the entire equity of $468,837!

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

Loan Breakdown

Assumed Mortgage4.3% Sellers Rate
$56,163
Your Cash:$468,837
Total Purchase Price:$525,000

Assumed vs Traditional Mortgage

Assumed @ 4.3%
$679/mo
Traditional @ 7.5%
$961/mo
You save $282/month ($3,387/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.