Laura Jewett

Laura Jewett

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Closed

$499,900

($220,888 down)
VA

16222 N 1ST Drive, Phoenix, AZ 85023

3
2
1,523 sqft
PITI Monthly
$1,583.58 /mo

Listing courtesy of: John T Angelo, NORTH&CO.

Assumed Rate

2.81%
7.15%

Principal & Interest

$1,232 /mo
$2,023 /mo

What's Special

DINING
SPACIOUS
MODERN
WALK-IN CLOSET
MASTER SUITE
CHARMING

Welcome to your oasis nestled in the heart of Phoenix! This charming residence boasts a gardener's dream backyard, where lush greenery and vibrant blooms paint a picturesque landscape. The outdoor space features meticulously maintained gardens, offering ample space for both relaxation and cultivation. Whether you're an avid gardener seeking a tranquil retreat or simply enjoy alfresco dining amidst a verdant backdrop, this backyard sanctuary is sure to delight. Drip system upgraded front & back in 2024. Step inside to discover a thoughtfully designed interior, blending modern comforts with timeless elegance. The spacious living areas offer versatility and style, while the gourmet kitchen invites culinary creativity with its premium appliances, granite counter & ample storage... Retreat to the luxurious master suite, where peace & comfort await. Unwind in the spa-like ensuite bath, complete with spacious walk-in tiled shower, dual sinks and walk-in closet. NEW A/C, Upgraded Insulation & Water Heater in 2022. Well-maintained & sparkling clean...ready for move-in!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.81
Remaining Loan Term
26 years, 0 months
Monthly PITI
$1,583.58/mo
Estimated Loan Balance
$335,855
Cash to close
$220,888
Interest Paid
$32,211

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
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: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style:
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 1996
Details
  • Builder: PULTE

Community & HOA

Community
  • Subdivision: MOONLIGHT COVE
  • Features:
HOA
  • Has HOA: Yes
  • HOA Name: MOONLIGHT COVE
  • HOA Amenities: Unknown
  • HOA Fee: $174.2
  • HOA Frequency: $Quarterly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $328.23
  • Tax Annual Amount: $2216
  • On Market Date: 2024-07-04T08:23:21.000Z
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 $220,888 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $220,888!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$279,012
Your Cash$220,888
Total Purchase Price:$499,900

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$1,232/mo
Traditional @ 7.5%
$2,098/mo
You save $866/month ($10,393/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6699675

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-10-03T15:40:07.000Z

© , 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

2.81%
7.15%

Principal & Interest

$1,232 /mo
$2,023 /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 $220,888 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $220,888!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$279,012
Your Cash$220,888
Total Purchase Price:$499,900

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$1,232/mo
Traditional @ 7.5%
$2,098/mo
You save $866/month ($10,393/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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