Laura Jewett

Laura Jewett

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Closed

$464,500

($111,528 down)
FHA

16515 N 171ST Drive, Surprise, AZ 85388

3
2
2,112 sqft
PITI Monthly
$2,101.5 /mo

Listing courtesy of: Anne K Svoboda, eXp Realty

Assumed Rate

2.84%
7.15%

Principal & Interest

$1,542 /mo
$2,522 /mo

What's Special

OPEN CONCEPT
SHOPPING
SPACIOUS
GRANITE COUNTERTOPS
FIREPLACE
PATIO

Beautiful move-in-ready home in the highly sought-after neighborhood of Surprise Farms! This open concept home is perfect for entertaining! The inviting hallway leads to a spacious great room complete with a stone fireplace and built in shelving. The large kitchen has an abundance of cabinets, beautiful granite countertops, a gas range, and a large island with a breakfast bar. The backyard oasis features a sparkling pool and extended patio. The split floorplan features 3 bedrooms, plus a den that is currently being used as an additional bedroom. Conveniently located near shopping, restaurants, and the 303.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.84
Remaining Loan Term
26 years, 6 months
Monthly PITI
$2,101.5/mo
Estimated Loan Balance
$355,783
Cash to close
$111,528
Interest Paid
$35,733

Facts & Features

Interior

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

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: Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2004
Details
  • Builder: Trend

Community & HOA

Community
  • Subdivision: SURPRISE FARMS PHASE 1B NORTH PARCEL 15
  • Features: Playground
HOA
  • Has HOA: Yes
  • HOA Name: SURPRISE FARMS II
  • HOA Amenities: Unknown
  • HOA Fee: $84.73
  • HOA Frequency: $Monthly
Location
  • Region: Surprise

Financial Details

  • Price per Sqft: $219.93
  • Tax Annual Amount: $1536
  • On Market Date: 2024-07-04T07:08:42.000Z
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 $111,528 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $111,528!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$352,972
Your Cash$111,528
Total Purchase Price:$464,500

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,542/mo
Traditional @ 7.5%
$2,616/mo
You save $1,074/month ($12,886/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6609504

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-03-27T08:08:48.000Z

© , 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

2.84%
7.15%

Principal & Interest

$1,542 /mo
$2,522 /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 $111,528 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $111,528!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$352,972
Your Cash$111,528
Total Purchase Price:$464,500

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,542/mo
Traditional @ 7.5%
$2,616/mo
You save $1,074/month ($12,886/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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