Laura Jewett

Laura Jewett

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Closed

$480,000

($236,418 down)
VA

16850 N 38TH Lane, Phoenix, AZ 85053

3
3
2,289 sqft
PITI Monthly
$1,389.2 /mo

Listing courtesy of: Awni S Abbas, HomeSmart

Assumed Rate

2.77%
7.15%

Principal & Interest

$1,087 /mo
$1,793 /mo

What's Special

SPACIOUS
RENOVATED
WALK-IN CLOSET
PATIO
EFFICIENT
SOLAR PANELS
NO HOA

This recently renovated brick home on a cul de sac is proudly owned by its 2nd owner for the past 37 years! With its 2,300 sq ft, 3 bedrooms, has an adaptable guest casita with separate entrance and mini split system, and a massive yard over 1/3-acre (15,449 sq ft) lot, this home provides comfort and convenience! NO HOA and annual taxes of only $1,630! WOW, Power bill avg $187 in the summer months with solar panels system! Easy entry to the backyard is made possible by TWO sizable RV gates and a 3rd double gate, which also offers enough of concrete parking area for your boat, RV, and toys. Citrus trees, drought tolerant plants and trees, patch of grass, and an outdoor shower! Plenty of room to add a pool or other structures. Large shed w/ power. This lot comes with RV ELECTRIC,WATER,SEWER hookups! Neutral colors, contemporary waterproof vinyl plank flooring, new baseboards, and an airy, spacious formal living room and family room inside, which is perfect for hosting. The sleek kitchen has a breakfast bar, built-in stainless-steel appliances that include BOSCH, LG, Samsung, and beautiful updated wood cabinets with soft-close capabilities and pantry cabinets. New supply return added to the primary bedroom and renovated to create a large walk-in closet with organizers. With its immaculate ensuite bathroom, custom barn door, Delta, Kohler, American Standard fixtures and copper plumbing, private access, the main suite is a veritable haven. There are dual pane windows throughout, new ceiling fans, new blinds, new fixtures, multi storage closets, bonus room, three dual patio doors with Low-E built in blinds, surround sound speakers, 12-inch attic insulation, the garage walls are insulated, new epoxy flooring, a wet sink with new soft-close cabinets, energy-efficient heat shield paint, new brass hose bibs throughout, and an owned solar 80 gallon water heater system! Sunken living room was concrete filled and leveled to perfection. This hidden treasure in North Phoenix is ideal for anyone wishing to operate a small business from home. Don't miss out, come view this home today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.77
Remaining Loan Term
25 years, 10 months
Monthly PITI
$1,389.2/mo
Estimated Loan Balance
$244,106
Cash to close
$236,418
Interest Paid
$29,252

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Brick Veneer, Painted, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Free Standing, None
  • Flooring: Vinyl, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Sewer in & Cnctd, 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: Ranch
Materials
  • Brick Veneer, Painted, Block
  • Roof: Composition
Condition
  • Year Built: 1979
Details
  • Builder: UKN

Community & HOA

Community
  • Subdivision: BRANDYWINE
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $209.7
  • Tax Annual Amount: $1630
  • On Market Date: 2024-10-10T17:30:06.000Z
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 $236,418 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $236,418!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$243,582
Your Cash$236,418
Total Purchase Price:$480,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,087/mo
Traditional @ 7.5%
$1,860/mo
You save $773/month ($9,280/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6769152

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-11-19T23:40:28.000Z

© , 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

2.77%
7.15%

Principal & Interest

$1,087 /mo
$1,793 /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 $236,418 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $236,418!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$243,582
Your Cash$236,418
Total Purchase Price:$480,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,087/mo
Traditional @ 7.5%
$1,860/mo
You save $773/month ($9,280/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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