Laura Jewett

Laura Jewett

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Pending

$450,000

($386,853 down)
FHA

1409 W MONONA Drive, Phoenix, AZ 85027

3
2
1,397 sqft
PITI Monthly
$734.03 /mo

Listing courtesy of: Brian Kulpaca, ProSmart Realty

Assumed Rate

3.6%
7.15%

Principal & Interest

$406 /mo
$603 /mo

What's Special

SOLAR PANELS
NO HOA

Wow you don't see this kind of pride of ownership home very often! Owner took pride in their home and it shows. List of updates and upgrades include the following: Roof and A/c replaced in 2009, Dual pane windows replaced in 2016, Water heater replaced 2021, Owned/Paid off Solar Panels (40K value) in 2022 and new shower/tubs in 2022, Kitchen Cabinets, flooring, dishwasher, range ,microwave all ceiling fans, outlets and switches replace in 2023, New interior doors in 2024 and more. All of this and no HOA.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.6
Remaining Loan Term
17 years, 6 months
Monthly PITI
$734.03/mo
Estimated Loan Balance
$63,577
Cash to close
$386,853
Interest Paid
$34,765

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric, Ceiling
Features
  • Materials: Synthetic Stucco, Wood Frame, Painted, Stucco, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
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: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style: Ranch
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco, Block
  • Roof: Composition
Condition
  • Year Built: 1981
Details
  • Builder: Continental

Community & HOA

Community
  • Subdivision: PALOS SANTOS UNIT 2
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $322.12
  • Tax Annual Amount: $1381
  • On Market Date: 2025-03-14T00:00:00.000Z
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 $386,853 (86%)
You can enter any amount below - secondary financing will cover the difference if needed.
86%
$

You cover the entire equity of $386,853!

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

Loan Breakdown

Assumed Mortgage3.6% Sellers Rate
$63,147
Your Cash:$386,853
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 3.6%
$406/mo
Traditional @ 7.5%
$625/mo
You save $219/month ($2,634/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6825975

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-29T17:25:55.000Z

© , 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

3.6%
7.15%

Principal & Interest

$406 /mo
$603 /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 $386,853 (86%)
You can enter any amount below - secondary financing will cover the difference if needed.
86%
$

You cover the entire equity of $386,853!

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

Loan Breakdown

Assumed Mortgage3.6% Sellers Rate
$63,147
Your Cash:$386,853
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 3.6%
$406/mo
Traditional @ 7.5%
$625/mo
You save $219/month ($2,634/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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