Laura Jewett

Laura Jewett

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Pending

$349,990

($161,270 down)
VA

16039 W DESERT HOLLOW Drive, Surprise, AZ 85379

4
2
1,496 sqft
PITI Monthly
$1,043.32 /mo

Listing courtesy of: Joseph A Elberts, Meritage Homes of Arizona, Inc

Assumed Rate

3.16%
7.15%

Principal & Interest

$893 /mo
$1,402 /mo

What's Special

SHOPPING
ENTERTAINMENT
GRANITE COUNTERTOPS
WALK-IN CLOSET
PATIO
CLUBHOUSE
FITNESS CENTER
EFFICIENT

BRAND NEW, energy-efficient home available! The large covered rear patio of the Sierra is perfect for relaxing with friends. With four bedrooms, this home is great for guests, while the primary suite with a large walk-in closet allows ample storage. This home has umber cabinets with hardware, white granite countertops, stone-look tile flooring and beige carpet! INCLUDED features are washer, dryer, window blinds, refrigerator, soft water loop and MORE!! Residents enjoy EXCLUSIVE amenities including clubhouse, pool, tot lot, cornhole, basketball, firepit, outdoor kitchen, walk trails and future fitness center. Shopping, restaurants, and entertainment nearby. Each home is built with innovative, energy-efficient features designed to help you ENJOY more SAVINGS!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.16
Remaining Loan Term
25 years, 4 months
Monthly PITI
$1,043.32/mo
Estimated Loan Balance
$189,509
Cash to close
$161,270
Interest Paid
$29,141

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, ENERGY STAR Qualified Equipment, Programmable Thmstat
  • Heating: Electric
Features
  • Materials: Synthetic Stucco, Wood Frame, Painted, Stucco, Spray Foam Insulation
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile, Concrete
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 Residence
  • Architectural Style:
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco, Spray Foam Insulation
  • Roof: Tile, Concrete
Condition
  • Year Built: 2024
Details
  • Builder: Meritage Homes

Community & HOA

Community
  • Subdivision: PALOMA CREEK NORTH PHASE 2
  • Features: Community Pool, Playground, Biking/Walking Path, Clubhouse
HOA
  • Has HOA: Yes
  • HOA Name: Trestle Management
  • HOA Amenities: Unknown
  • HOA Fee: $120
  • HOA Frequency: $Monthly
Location
  • Region: Surprise

Financial Details

  • Price per Sqft: $233.95
  • Tax Annual Amount: $0
  • On Market Date: 2024-10-31T20:20:05.000Z
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 $161,270 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $161,270!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$188,720
Your Cash$161,270
Total Purchase Price:$349,990

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$893/mo
Traditional @ 7.5%
$1,455/mo
You save $561/month ($6,734/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6778172

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-31T18:46:56.000Z

© , 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

3.16%
7.15%

Principal & Interest

$893 /mo
$1,402 /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 $161,270 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $161,270!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$188,720
Your Cash$161,270
Total Purchase Price:$349,990

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$893/mo
Traditional @ 7.5%
$1,455/mo
You save $561/month ($6,734/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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