Laura Jewett

Laura Jewett

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Closed

$499,500

($35,042 down)
FHA

2022 N 40TH Street, Phoenix, AZ 85008

3
2
1,200 sqft
PITI Monthly
$3,728.17 /mo

Listing courtesy of: Ari Jakobov, eXp Realty

Assumed Rate

6.99%
7.15%

Principal & Interest

$3,100 /mo
$3,150 /mo

What's Special

LOCATION
RENOVATED
WALK-IN CLOSET
PATIO
COZY
SOLAR PANELS

~NEW EVERYTHING; NEW roof, New AC, NEW water heater...~ Welcome to this lovely RENOVATED midcentury gem with an excellent location! Minutes from downtown Phoenix, top attractions like the Desert Botanical Garden, Phoenix Zoo, & Papago Park, and is a quick 10-minute drive to Sky Harbor Airport. It offers a 1-car garage, solar panels, a cozy front porch, and an extended driveway. Discover an immaculate open floor plan featuring tall ceilings, recessed lighting, a striking wooden panel wall, and wood-style flooring. The chef's kitchen highlights smart-tech SS appliances, quartz counters, two-tone cabinetry, chic light fixtures, tile backsplash, and an island with a breakfast bar. The main retreat has a pristine ensuite and a walk-in closet. Enjoy outdoor activities in the large backyard with a screened-in patio!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.99
Remaining Loan Term
29 years, 2 months
Monthly PITI
$3,728.17/mo
Estimated Loan Balance
$465,240
Cash to close
$35,042
Interest Paid
$27,066

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s), Programmable Thmstat, Refrigeration
  • Heating: Natural Gas
Features
  • Materials: Painted, Stucco, Siding, Block, Ducts Professionally Air-Sealed
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Vinyl, Tile

Exterior

Fencing
  • Fencing: Block, Wood
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: Yes
  • Carport Spaces: 1
Water
  • Sewer: 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
  • Painted, Stucco, Siding, Block, Ducts Professionally Air-Sealed
  • Roof: Composition
Condition
  • Year Built: 1952
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: PAPAGO VISTA AMD
  • Features: Near Bus Stop
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $416.25
  • Tax Annual Amount: $1576
  • On Market Date: 2024-11-05T15:40:04.000Z
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 $35,042 (7%)
You can enter any amount below - secondary financing will cover the difference if needed.
7%
$

You cover the entire equity of $35,042!

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

Loan Breakdown

Assumed Mortgage6.99% Sellers Rate
$464,458
Your Cash$35,042
Total Purchase Price:$499,500

Assumed vs Traditional Mortgage

Assumed @ 6.99%
$3,100/mo
Traditional @ 7.5%
$3,151/mo
You save $51/month ($613/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6779934

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-01-30T18:20:45.000Z

© , 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

6.99%
7.15%

Principal & Interest

$3,100 /mo
$3,150 /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 $35,042 (7%)
You can enter any amount below - secondary financing will cover the difference if needed.
7%
$

You cover the entire equity of $35,042!

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

Loan Breakdown

Assumed Mortgage6.99% Sellers Rate
$464,458
Your Cash$35,042
Total Purchase Price:$499,500

Assumed vs Traditional Mortgage

Assumed @ 6.99%
$3,100/mo
Traditional @ 7.5%
$3,151/mo
You save $51/month ($613/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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