Laura Jewett

Laura Jewett

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Closed

$365,000

($34,346 down)
FHA

1601 W MOHAWK Lane, Phoenix, AZ 85027

3
2
1,140 sqft
PITI Monthly
$2,027.17 /mo

Listing courtesy of: Theresa Franco, Jason Mitchell Real Estate

Assumed Rate

3.45%
7.15%

Principal & Interest

$1,556 /mo
$2,354 /mo

What's Special

OPEN CONCEPT
DESIRED
SHOPPING
ENTERTAINMENT
DINING
MODERN
RENOVATED
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
CHARMING
COZY

Charming and cozy 3 bedroom and 2 bathroom home. The newly renovated kitchen is a standout feature, with sleek granite countertops, dark cabinetry, stainless steel appliances, all with stylish modern finishes. The open concept layout connects the kitchen to the dining area. Sitting on a generously sized lot, the property offers low maintenance landscaping, making outdoor upkeep a breeze. The large backyard provides plenty of room for outdoor activities, relaxation and potential customization. Located in a highly desired area, just minutes from schools, shopping, entertainment and freeway access.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.45
Remaining Loan Term
26 years, 11 months
Monthly PITI
$2,027.17/mo
Estimated Loan Balance
$331,257
Cash to close
$34,346
Interest Paid
$35,983

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Electric
Features
  • Materials: Brick Veneer, Painted, 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: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style:
Materials
  • Brick Veneer, Painted, Block
  • Roof: Composition
Condition
  • Year Built: 1979
Details
  • Builder: UNK

Community & HOA

Community
  • Subdivision: DESERT VALLEY ESTATES
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $320.18
  • Tax Annual Amount: $897
  • On Market Date: 2024-09-21T00:30:03.000Z
Inquire about this property

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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 $34,346 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $34,346!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$330,654
Your Cash$34,346
Total Purchase Price:$365,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,556/mo
Traditional @ 7.5%
$2,442/mo
You save $887/month ($10,638/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6760485

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-12-13T01:33:44.000Z

© , 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

3.45%
7.15%

Principal & Interest

$1,556 /mo
$2,354 /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 $34,346 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $34,346!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$330,654
Your Cash$34,346
Total Purchase Price:$365,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,556/mo
Traditional @ 7.5%
$2,442/mo
You save $887/month ($10,638/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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