Laura Jewett

Laura Jewett

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Closed

$389,900

($115,490 down)
FHA

16690 N 185TH Avenue, Surprise, AZ 85388

3
2
1,571 sqft
PITI Monthly
$1,710.9 /mo

Listing courtesy of: Nate Brill, Realty ONE Group

Assumed Rate

2.81%
7.15%

Principal & Interest

$1,212 /mo
$1,990 /mo

What's Special

OPEN CONCEPT
SHOPPING
DINING
VAULTED CEILINGS
PATIO

3.875% FHA ASSUMABLE LOAN! Meticulously maintained inside and out, this Taylor Morrison Home located in the Surprise Farms community in North-West Surprise. Close to the loop 303, shopping, dining, and 20 minutes to TSMC. With an open concept main living area and 1571 sq-ft of living space, 3 Bed + Den, 2 Bath home. Vaulted ceilings, neutral color scheme, can lighting, low maintenance front/ back yard, covered patio and RV Gate. This home is as ready to move in as they come. Not a thing to do except move in and make it your own. Don't miss your chance to see this home today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.81
Remaining Loan Term
26 years, 0 months
Monthly PITI
$1,710.9/mo
Estimated Loan Balance
$294,614
Cash to close
$115,490
Interest Paid
$31,679

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: 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: Sewer in & Cnctd, Public Sewer
  • Water Source: Pvt Water Company
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Contemporary
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2009
Details
  • Builder: Taylor Morrison

Community & HOA

Community
  • Subdivision: SURPRISE FARMS PHASE 5
  • Features: Playground
HOA
  • Has HOA: Yes
  • HOA Name: Surprise Farms
  • HOA Amenities: Unknown
  • HOA Fee: $52.15
  • HOA Frequency: $Monthly
Location
  • Region: Surprise

Financial Details

  • Price per Sqft: $248.19
  • Tax Annual Amount: $1684
  • On Market Date: 2024-03-07T00:00:00.000Z
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 $115,490 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $115,490!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$274,410
Your Cash$115,490
Total Purchase Price:$389,900

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$1,212/mo
Traditional @ 7.5%
$2,064/mo
You save $852/month ($10,221/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6670630

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-05-20T16:43:19.000Z

© , 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

$1,212 /mo
$1,990 /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 $115,490 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $115,490!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$274,410
Your Cash$115,490
Total Purchase Price:$389,900

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$1,212/mo
Traditional @ 7.5%
$2,064/mo
You save $852/month ($10,221/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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