Laura Jewett

Laura Jewett

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Pending

$389,500

($24,637 down)
VA

16715 E EL LAGO Boulevard UNIT 116, Fountain Hills, AZ 85268

3
2
1,299 sqft
PITI Monthly
$2,365.43 /mo

Listing courtesy of: Wendy C. Kelleher, Kelleher Realty & Associates

Assumed Rate

5.52%
7.15%

Principal & Interest

$2,133 /mo
$2,531 /mo

What's Special

SERENE
SPACIOUS
LUXURY
SOAKING TUB
BALCONY
COMMUNITY POOL
CLUBHOUSE
FITNESS CENTER
AFFORDABLE

Easy to show and ready to buy! Affordable, Assumable VA loan at low interest rate for qualified buyer. Ground floor, close to heated pool, beautifully upgraded 3-bedroom, 2-bathroom condo offers the perfect blend of luxury, comfort, and convenience. With 1299 square feet of thoughtfully designed living space, this home is ideal for families, professionals, or anyone seeking a serene retreat. Key Features: • 3 bedrooms: sensibly arranged to allow for multi use -- bedroom, craft room, office, etc. • 2 Updated full Baths, one w walk in shower, the other with soaking tub. Two beautifully appointed bathrooms featuring contemporary fixtures and finishes. • New Appliances: A fully equipped kitchen with the latest appliances, making meal prep a breeze. " COVERED Parking: Convenient and secure parking to protect your vehicle from the elements. Community Amenities: " Clubhouse: A welcoming space for social gatherings and events. " Pool: Dive into relaxation with a refreshing swim in the community pool. " Exercise Equipment: Stay fit and healthy with access to brand-new exerciseequipment. Affordable Living: " HOA Fee: At just $325 a month, enjoy all these amenities and more without breaking the bank. This condominium is more than just a place to live!~ it's a lifestyle. Imagine waking up in a spacious, sunlit bedroom, enjoying your morning coffee on a private balcony, and spending your weekends lounging by the pool or working out in the state-of-the-art fitness center. Don't miss out on this incredible opportunity to own a piece of paradise. Are you ready to make this dream home yours?

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
5.52
Remaining Loan Term
27 years, 5 months
Monthly PITI
$2,365.43/mo
Estimated Loan Balance
$371,007
Cash to close
$24,637
Interest Paid
$52,526

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
Features
  • Materials: Synthetic Stucco, Wood Frame, Painted, Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace
  • Flooring: Carpet, Vinyl, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 1
Water
  • Sewer: Public Sewer
  • Water Source: Pvt Water Company
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 3
  • Home type: Townhouse
  • Architectural Style: Territorial/Santa Fe
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco
  • Roof: Tile
Condition
  • Year Built: 1997
Details
  • Builder: UNKNOWN

Community & HOA

Community
  • Subdivision: PLAZA DEL LAGO CONDOMINIUMS
  • Features: Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Clubhouse, Fitness Center
HOA
  • Has HOA: Yes
  • HOA Name: PLAZA DEL LAGO
  • HOA Amenities: Unknown
  • HOA Fee: $325
  • HOA Frequency: $Monthly
Location
  • Region: Fountain Hills

Financial Details

  • Price per Sqft: $299.85
  • Tax Annual Amount: $780
  • On Market Date: 2024-07-18T15:00:02.000Z
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 $24,637 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
$

You cover the entire equity of $24,637!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$364,863
Your Cash$24,637
Total Purchase Price:$389,500

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$2,133/mo
Traditional @ 7.5%
$2,625/mo
You save $493/month ($5,915/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6732736

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-29T13:33:25.000Z

© , 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

5.52%
7.15%

Principal & Interest

$2,133 /mo
$2,531 /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 $24,637 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
$

You cover the entire equity of $24,637!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$364,863
Your Cash$24,637
Total Purchase Price:$389,500

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$2,133/mo
Traditional @ 7.5%
$2,625/mo
You save $493/month ($5,915/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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