Laura Jewett

Laura Jewett

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Closed

$313,000

($162,845 down)
FHA

1409 S OCOTILLO Drive, Apache Junction, AZ 85120

2
2
1,262 sqft
PITI Monthly
$1,107.44 /mo

Listing courtesy of: Belinda G Gray, HomeSmart

Assumed Rate

3.72%
7.15%

Principal & Interest

$763 /mo
$1,117 /mo

What's Special

DINING
SPACIOUS
PATIO
55+ COMMUNITY

Stop! Take a look! Fresh Exterior Paint! This home in Apache Villa is the perfect spot to relish your 55+ life near the Superstition Mountains! Enjoy a two bedroom two bath home boasting 1262 sq ft located in the heart of this quaint 55+ Community. Walk into the large living area ready to make your own, then step into the separate dining room next to the spacious kitchen. The main bedroom with ensuite and guestroom and bath, large laundry and Arizona Room with mini split provides all the space you need! Treasure having coffee on the back patio watching the sun rise inch by inch above the Superstitions. A sight to see! The backyard is low maintenance with a small shed for storage and a garden waiting for seeds. Home sweet home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.72
Remaining Loan Term
24 years, 10 months
Monthly PITI
$1,107.44/mo
Estimated Loan Balance
$151,631
Cash to close
$162,845
Interest Paid
$30,235

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Brick Veneer, Painted, Siding, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Chain Link
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 1
Water
  • Sewer: Septic in & Cnctd
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Brick Veneer, Painted, Siding, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 1976
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: APACHE VILLA TWO
  • Features: Community Spa Htd, Community Pool Htd, Clubhouse
HOA
  • Has HOA: Yes
  • HOA Name: Apache Villa
  • HOA Amenities: Unknown
  • HOA Fee: $250
  • HOA Frequency: $Annually
Location
  • Region: Apache Junction

Financial Details

  • Price per Sqft: $248.02
  • Tax Annual Amount: $922
  • On Market Date: 2024-09-24T03:10:03.000Z
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 $162,845 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $162,845!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$150,155
Your Cash:$162,845
Total Purchase Price:$313,000

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$763/mo
Traditional @ 7.5%
$1,159/mo
You save $396/month ($4,748/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6761455

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-10-28T06:55:12.000Z

© , 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

3.72%
7.15%

Principal & Interest

$763 /mo
$1,117 /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 $162,845 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $162,845!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$150,155
Your Cash:$162,845
Total Purchase Price:$313,000

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$763/mo
Traditional @ 7.5%
$1,159/mo
You save $396/month ($4,748/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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