$730,000
($573,914 down)1242 E PIERCE Street, Phoenix, AZ 85006
PITI Monthly
Listing courtesy of: Andrew Arambula, ABI Multifamily
Assumed Rate
2.84%
7.15%Principal & Interest
$690 /mo
$1,129 /moWhat's Special
4 Units, Garden-Style Property, Built-in 1983. All One-Bedroom / One-Bathroom Units. Individual Storage Units Plus Owner Storage. Value-Add Opportunity Through Interior & Exterior Renovations. Located in the Popular Garfield Historic District, Minutes From Downtown Phoenix. Individually Metered for Electricity.
Assumption Snapshot
Type of Loan
FHA
Interest Rate
2.84
Remaining Loan Term
26 years, 6 months
Monthly PITI
$1,136.68/mo
Estimated Loan Balance
$156,726
Cash to close
$573,914
Interest Paid
$15,995
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms:
- Bathrooms: 0
Cooling & Heating
- Cooling: Central A/C
- Heating: Individual, Central, Heat Pump
Features
- Materials: Painted, Block
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: Unknown
- Flooring: Vinyl
Exterior
Fencing
- Fencing: Unknown
Roof
- Roof: Composition
Parking
- Garage: No
- Garage Spaces:
- Carport: No
- Carport Spaces: 0
Water
- Sewer: Public Sewer
- Water Source: City Franchise
Pool
- Has Pool: No
- Pool Features: Unknown
Construction
Type & Style
- Stories:
- Home type:
- Architectural Style: Unknown
Materials
- Painted, Block
- Roof: Composition
Condition
- Year Built: 1983
Details
- Builder:
Community & HOA
Community
- Subdivision: ERHARTS SUB
- Features: No Pool
HOA
- Has HOA: No
Location
- Region: Phoenix
Financial Details
- Price per Sqft: $730,000
- Tax Annual Amount: $1335
- On Market Date: 2024-09-20T21:50:05.000Z
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You cover the entire equity of $573,914!
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: 6760352
Listing From: Arizona Regional Multiple Listing Service (ARMLS)
Last updated: 2025-01-25T09:10:34.000Z
© , 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
2.84%
7.15%Principal & Interest
$690 /mo
$1,129 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $573,914!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000Resources
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