Laura Jewett

Laura Jewett

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Closed

$535,000

($282,374 down)
VA

16222 N 161ST Drive, Surprise, AZ 85374

4
3
2,166 sqft
PITI Monthly
$1,563.44 /mo

Listing courtesy of: Sally Werner, Key Select Real Estate

Assumed Rate

3.7%
7.15%

Principal & Interest

$1,284 /mo
$1,884 /mo

What's Special

SHOPPING
DINING
WALK-IN CLOSET
FLEX SPACE
PATIO

Cul de sac home, updated from top to bottom, including the heated pool. ASSUMABLE VA LOAN AT 3.5% CAN BE ASSUMED EVEN IF NOT A VETERAN. Outdoor kitchen with pizza oven! Backyard paradise with fruit trees, grape vines, hydroponic system and huge covered patio. Sunny kitchen eat-in kitchen open to family/great room, has beautiful granite counters, island, coffee bar, lots of cabinets, counter space and pantry. Large living/dining room with flex space, a guest bedroom, full bath and laundry room round out the lower level. Upstairs, a large primary suite with walk-in closet, dual sinks, separate tub and shower. Two ample bedrooms with Jack and Jill bath. Solar system with low monthly loan payment means low energy costs overall. Close to great shopping, dining, spring training and Loop 303.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.7
Remaining Loan Term
24 years, 9 months
Monthly PITI
$1,563.44/mo
Estimated Loan Balance
$253,632
Cash to close
$282,374
Interest Paid
$51,475

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
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, Heated, Private

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family - Detached
  • Architectural Style:
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2001
Details
  • Builder: Richmond American Homes

Community & HOA

Community
  • Subdivision: MOUNTAIN VISTA RANCH PARCEL 15
  • Features: Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Mountain Vista Ranch
  • HOA Amenities: Unknown
  • HOA Fee: $26.67
  • HOA Frequency: $Monthly
Location
  • Region: Surprise

Financial Details

  • Price per Sqft: $247
  • Tax Annual Amount: $1351
  • On Market Date: 2024-10-04T21:10:07.000Z
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.

Apply now

Savings Calculator

Current cash to close is $282,374 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$

You cover the entire equity of $282,374!

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

Loan Breakdown

Assumed Mortgage3.7% Sellers Rate
$252,626
Your Cash:$282,374
Total Purchase Price:$535,000

Assumed vs Traditional Mortgage

Assumed @ 3.7%
$1,284/mo
Traditional @ 7.5%
$1,955/mo
You save $670/month ($8,045/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6766768

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-02-19T14:11:41.000Z

© , 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

3.7%
7.15%

Principal & Interest

$1,284 /mo
$1,884 /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 $282,374 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$

You cover the entire equity of $282,374!

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

Loan Breakdown

Assumed Mortgage3.7% Sellers Rate
$252,626
Your Cash:$282,374
Total Purchase Price:$535,000

Assumed vs Traditional Mortgage

Assumed @ 3.7%
$1,284/mo
Traditional @ 7.5%
$1,955/mo
You save $670/month ($8,045/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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