Laura Jewett

Laura Jewett

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

$670,000

($181,659 down)
VA

1515 E 26TH Lane, Apache Junction, AZ 85119

N/A
N/A
sqft
PITI Monthly
$2,538.25 /mo

Listing courtesy of: George Laughton, My Home Group Real Estate

Assumed Rate

3.13%
7.15%

Principal & Interest

$2,272 /mo
$3,580 /mo

What's Special

NON-VETERANS
INVESTORS
FENCED YARD

Open to non-veterans AND INVESTORS!! Seller willing to carry a portion of the down payment!

ASSUMABLE LOAN AT 3.125%!! -- Open to Veterans, Non-Veterans AND INVESTORS! This cash-flowing 4-plex in Apache Junction is a fantastic value-add property. Currently rented for $1,000-$1,300 per month, this property has three updated units, with plans to update the 4th once tenant vacates. Tenants pay all utilities, with each unit individually metered for water and electric. The property is well-maintained, with a fenced yard and private carport, making it highly desirable for tenants. Located near freeway access and future development areas!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.13
Remaining Loan Term
26 years, 5 months
Monthly PITI
$2,538.25/mo
Estimated Loan Balance
$499,112
Cash to close
$181,659
Interest Paid
$57,272

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms: 0
Cooling & Heating
  • Cooling: Electric
  • Heating: Electric
Features
  • Materials: Wood Frame, Painted, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Ceramic Tile, Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Foam
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: Yes
  • Carport Spaces: 4
Water
  • Sewer: Septic in & Cnctd, Septic Tank
  • Water Source: Private
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type:
  • Architectural Style: Unknown
Materials
  • Wood Frame, Painted, Stucco
  • Roof: Foam
Condition
  • Year Built: 1984
Details
  • Builder:

Community & HOA

Community
  • Subdivision: PALM SPRINGS UNIT 15
  • Features: No Pool
HOA
  • Has HOA: No
Location
  • Region: Apache Junction

Financial Details

  • Price per Sqft: $670,000
  • Tax Annual Amount: $1197
  • On Market Date: 2024-08-26T17:10:04.000Z
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 $181,659 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $181,659!

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

Loan Breakdown

Assumed Mortgage3.13% Sellers Rate
$488,341
Your Cash$181,659
Total Purchase Price:$670,000

Assumed vs Traditional Mortgage

Assumed @ 3.13%
$2,272/mo
Traditional @ 7.5%
$3,713/mo
You save $1,441/month ($17,295/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6748636

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-11-08T19:14:45.000Z

© , 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

3.13%
7.15%

Principal & Interest

$2,272 /mo
$3,580 /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 $181,659 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $181,659!

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

Loan Breakdown

Assumed Mortgage3.13% Sellers Rate
$488,341
Your Cash$181,659
Total Purchase Price:$670,000

Assumed vs Traditional Mortgage

Assumed @ 3.13%
$2,272/mo
Traditional @ 7.5%
$3,713/mo
You save $1,441/month ($17,295/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.