$560,000
($247,419 down)1857 S FOLLETT Way, Gilbert, AZ 85295
PITI Monthly
Listing courtesy of: Nic Dekeyser, Long Realty Canyon Sky
Assumed Rate
2.83%
7.15%Principal & Interest
$1,392 /mo
$2,280 /moWhat's Special
Beautifull Shea Home!! this spacious and contemporary residence was constructed in 2020. Featuring three bedrooms, 2.5 baths, and an open loft, the house offers a generously sized great room, a well-appointed kitchen , upgraded cabinetry, granite countertops, and designer flooring. The property has been extensively upgraded throughout. Conveniently located just half a mile from the San Tan/Loop 202 Freeway, the community also offers proximity to shopping, dining, and entertainment options. Furthermore, the home enjoys easy access to a community pool, a covered play structure, picnic areas, BBQ facilities, and more.
Assumption Snapshot
Type of Loan
FHA
Interest Rate
2.83
Remaining Loan Term
25 years, 8 months
Monthly PITI
$1,956.71/mo
Estimated Loan Balance
$346,284
Cash to close
$247,419
Interest Paid
$39,456
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
Cooling & Heating
- Cooling: Ceiling Fan(s), Refrigeration
- Heating: Natural Gas
Features
- Materials: Painted, Stucco, Block, Frame - Wood
- Community: Unknown
- Has Fireplace: Yes
- Fireplace Features: Fire Pit
- Flooring: Carpet, Tile
Exterior
Fencing
- Fencing: Block
Roof
- Roof: Composition
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: Single Family - Detached
- Architectural Style: Contemporary
Materials
- Painted, Stucco, Block, Frame - Wood
- Roof: Composition
Condition
- Year Built: 2020
Details
- Builder: Shea homes
Community & HOA
Community
- Subdivision: RAY & RECKER pointe
- Features: Community Pool, Playground, Biking/Walking Path
HOA
- Has HOA: Yes
- HOA Name: recker pointe comm
- HOA Amenities: Unknown
- HOA Fee: $91
- HOA Frequency: $Monthly
Location
- Region: Gilbert
Financial Details
- Price per Sqft: $255.01
- Tax Annual Amount: $1902
- On Market Date: 2024-03-23T00:00:00.000Z
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You cover the entire equity of $247,419!
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: 6675130
Listing From: Arizona Regional Multiple Listing Service (ARMLS)
Last updated: 2025-03-07T20:31:31.000Z
© , 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
2.83%
7.15%Principal & Interest
$1,392 /mo
$2,280 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $247,419!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000Resources
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