Laura Jewett

Laura Jewett

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Pending

$320,000

($317,220 down)
FHA

1718 W Colter Street UNIT 193, Phoenix, AZ 85015

3
3
1,450 sqft
PITI Monthly
$865.85 /mo

Listing courtesy of: Carleton Edward Drummond, Capstone Realty Professionals

Assumed Rate

4.28%
7.15%

Principal & Interest

$562 /mo
$676 /mo

What's Special

GATED COMMUNITY
SHOPPING
ENTERTAINMENT
DINING
MOVE-IN READY
GRANITE COUNTERTOPS
HOME OFFICE
COMMUNITY POOL
CLUBHOUSE

Welcome to this beautiful townhome in a gated community that includes a community pool and clubhouse. Centrally located near major highways and light rail access, this home is perfect for effortless commuting and close to shopping, dining, and entertainment. The updated kitchen features newer SS appliances, granite countertops, and an island, while new vinyl flooring flows throughout the stairs and upper level. The loft offers versatility as a media room or home office, complementing the comfortable bedrooms and layout. Don't miss this move-in ready gem!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.28
Remaining Loan Term
0 years, 3 months
Monthly PITI
$865.85/mo
Estimated Loan Balance
$50,158
Cash to close
$317,220
Interest Paid
$26,587

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Electric
Features
  • Materials: Synthetic Stucco, Other, Painted, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Vinyl, Tile

Exterior

Fencing
  • Fencing: Block, Wrought Iron
Roof
  • Roof: Built-Up
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Townhouse
  • Architectural Style: Territorial/Santa Fe
Materials
  • Synthetic Stucco, Other, Painted, Stucco
  • Roof: Built-Up
Condition
  • Year Built: 2005
Details
  • Builder: unknown

Community & HOA

Community
  • Subdivision: Mission Gate Condominium
  • Features: Gated, Community Pool, Near Light Rail Stop, Near Bus Stop, Clubhouse
HOA
  • Has HOA: Yes
  • HOA Name: Mission Gate Condo
  • HOA Amenities: Unknown
  • HOA Fee: $277
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $220.69
  • Tax Annual Amount: $1214
  • On Market Date: 2025-02-06T00:00:00.000Z
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 $317,220 (99%)
You can enter any amount below - secondary financing will cover the difference if needed.
99%
$

You cover the entire equity of $317,220!

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

Loan Breakdown

Assumed Mortgage4.28% Sellers Rate
$2,780
Your Cash:$317,220
Total Purchase Price:$320,000

Assumed vs Traditional Mortgage

Assumed @ 4.28%
$562/mo
Traditional @ 7.5%
$692/mo
You save $130/month ($1,560/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6807139

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-11T18:57:45.000Z

© , 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

4.28%
7.15%

Principal & Interest

$562 /mo
$676 /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 $317,220 (99%)
You can enter any amount below - secondary financing will cover the difference if needed.
99%
$

You cover the entire equity of $317,220!

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

Loan Breakdown

Assumed Mortgage4.28% Sellers Rate
$2,780
Your Cash:$317,220
Total Purchase Price:$320,000

Assumed vs Traditional Mortgage

Assumed @ 4.28%
$562/mo
Traditional @ 7.5%
$692/mo
You save $130/month ($1,560/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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