Laura Jewett

Laura Jewett

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Closed

$550,000

($102,062 down)
VA

1718 W COMMERCE Avenue, Gilbert, AZ 85233

4
2
1,794 sqft
PITI Monthly
$3,101.85 /mo

Listing courtesy of: Melissa Wright, Jason Mitchell Real Estate

Assumed Rate

6.11%
7.15%

Principal & Interest

$2,768 /mo
$3,082 /mo

What's Special

SPACIOUS
VAULTED CEILINGS
WALK-IN CLOSET

Great pool home located within a Golf Community! One of the only lots in the neighborhood with a huge side yard and RV Gate, plus a rare 3-car temp controlled garage w/ 2 ton mini split unit. Bright, spacious, and airy feel thanks to vaulted ceilings, bright new neutral paint, and bay windows. The formal living room flows into the family room for easy entertaining. The kitchen comes equipped w/white cabinetry, granite counters, built-in SS appliances, & an island. Main bedroom en suite with dual sinks, garden tub, shower, and walk-in closet. The bedrooms are nicely sized and newly painted. Large play pool with water feature and in pool bench with table for those hot days when you just want to relax in the water.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.11
Remaining Loan Term
27 years, 7 months
Monthly PITI
$3,101.85/mo
Estimated Loan Balance
$453,597
Cash to close
$102,062
Interest Paid
$66,413

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces: 3
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Fenced, Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 1995
Details
  • Builder: Blandford Homes

Community & HOA

Community
  • Subdivision: EL DORADO LAKES GOLF COMMUNITY TRACT K
  • Features: Lake Subdivision, Golf, Tennis Court(s), Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Eldorado Lakes Golf
  • HOA Amenities: Unknown
  • HOA Fee: $115
  • HOA Frequency: $Quarterly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $306.58
  • Tax Annual Amount: $2005
  • On Market Date: 2024-07-04T07:30:12.000Z
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 $102,062 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $102,062!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$447,938
Your Cash$102,062
Total Purchase Price:$550,000

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$2,768/mo
Traditional @ 7.5%
$3,197/mo
You save $429/month ($5,144/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6690651

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-05-21T21:09:20.000Z

© , 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

6.11%
7.15%

Principal & Interest

$2,768 /mo
$3,082 /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 $102,062 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $102,062!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$447,938
Your Cash$102,062
Total Purchase Price:$550,000

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$2,768/mo
Traditional @ 7.5%
$3,197/mo
You save $429/month ($5,144/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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