Laura Jewett

Laura Jewett

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Closed

$485,000

($175,624 down)
FHA

12631 W MIDWAY Avenue, Glendale, AZ 85307

5
3
2,419 sqft
PITI Monthly
$1,886.73 /mo

Listing courtesy of: Dao Tran, VIP Family Realty

Assumed Rate

2.9%
7.15%

Principal & Interest

$1,367 /mo
$2,218 /mo

What's Special

SPACIOUS
WALK-IN CLOSET
PATIO

Welcome to your new home in Marbella Ranch! This incredible two-story property offers 5 beds, 3 baths, 2-car garage, and a low-care landscape. Inviting interior showcases a neutral palette, tons of natural light, and tile & soft carpet in all the right places. If entertaining is on your mind, you'll love the perfectly flowing open layout adorned with recessed lighting! The kitchen has built-in appliances, granite counters, a pantry, ample wood cabinetry, and an island w/breakfast bar. One bedroom & a full bathroom downstairs! Head upstairs to find the main bedroom, boasting an ensuite with dual sinks & a walk-in closet. Finally, the spacious backyard features artificial turf and a covered patio w/extended pavers, making it an excellent spot for relaxing or gatherings. Don't miss this gem!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.9
Remaining Loan Term
26 years, 7 months
Monthly PITI
$1,886.73/mo
Estimated Loan Balance
$317,892
Cash to close
$175,624
Interest Paid
$31,369

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block, Wrought Iron
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family - Detached
  • Architectural Style: Contemporary
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2021
Details
  • Builder: KB HOMES

Community & HOA

Community
  • Subdivision: MARBELLA RANCH PARCEL 2 PHASE 2
  • Features: Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: MARBELLA RANCH
  • HOA Amenities: Unknown
  • HOA Fee: $77
  • HOA Frequency: $Monthly
Location
  • Region: Glendale

Financial Details

  • Price per Sqft: $200.5
  • Tax Annual Amount: $1445
  • On Market Date: 2024-07-09T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $175,624 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $175,624!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$309,376
Your Cash$175,624
Total Purchase Price:$485,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,367/mo
Traditional @ 7.5%
$2,301/mo
You save $934/month ($11,207/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6728777

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-07-09T07:16:13.000Z

© , 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

2.9%
7.15%

Principal & Interest

$1,367 /mo
$2,218 /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 $175,624 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $175,624!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$309,376
Your Cash$175,624
Total Purchase Price:$485,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,367/mo
Traditional @ 7.5%
$2,301/mo
You save $934/month ($11,207/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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