Laura Jewett

Laura Jewett

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Under Contract

$505,000

($225,680 down)
VA

16029 N 36TH Drive, Phoenix, AZ 85053

3
2
2,535 sqft
PITI Monthly
$1,692.98 /mo

Listing courtesy of: Paula Coombs, Realty ONE Group

Assumed Rate

2.89%
7.15%

Principal & Interest

$1,303 /mo
$2,117 /mo

What's Special

LOCATION
SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
FIREPLACE
PATIO

Spacious North Phoenix beauty gives everyone their own space. An entertainers dream home. Private, gated courtyard entry, large Primary suite, split floorplan, formal living & dining, large kitchen w/workspace-breakfast bar peninsula, beautiful cabinets, TONS of storage, huge family room w/fireplace, oversized laundry room. Custom stamped concrete flooring as well as wood and carpet. RO and soft water systems. Enjoy the full length covered patio and beautiful play pool (fully fenced) with oversized entry step to lounge in chairs with umbrella. 2C garage & RV gate. This home has it all. Fantastic North Phoenix location close to freeways, schools, shopping and entertainment.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.89
Remaining Loan Term
25 years, 1 months
Monthly PITI
$1,692.98/mo
Estimated Loan Balance
$280,576
Cash to close
$225,680
Interest Paid
$42,165

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace
  • Flooring: Carpet, Wood, Concrete

Exterior

Fencing
  • Fencing: Block, Wrought Iron
Roof
  • Roof: Tile, Rolled/Hot Mop
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Play Pool, Fenced, Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile, Rolled/Hot Mop
Condition
  • Year Built: 1989
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: OLE VILLAGE
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $199.21
  • Tax Annual Amount: $2683
  • On Market Date: 2025-02-20T17:50:07.000Z
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 $225,680 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $225,680!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$279,320
Your Cash$225,680
Total Purchase Price:$505,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,303/mo
Traditional @ 7.5%
$2,196/mo
You save $893/month ($10,714/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6823555

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-09T02:42:24.000Z

© , 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

2.89%
7.15%

Principal & Interest

$1,303 /mo
$2,117 /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 $225,680 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $225,680!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$279,320
Your Cash$225,680
Total Purchase Price:$505,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,303/mo
Traditional @ 7.5%
$2,196/mo
You save $893/month ($10,714/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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