Laura Jewett

Laura Jewett

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$280,000

($54,727 down)
FHA

2040 S LONGMORE -- UNIT 5, Mesa, AZ 85202

2
2
1,156 sqft
PITI Monthly
$1,392.55 /mo

Listing courtesy of: Chelsea Capone, HomeSmart Lifestyles

Assumed Rate

3.1%
7.15%

Principal & Interest

$1,027 /mo
$1,625 /mo

What's Special

LOCATION
PATIO
COMMUNITY POOL
COZY

Looking for a cozy townhouse in a great location? Look no further! This townhouse has upgraded flooring and baseboards throughout, along with all kitchen appliances replaced in 2022. The front patio is the perfect spot to relax outside afterwork, or to enjoy a cup of coffee in the mornings. The third story loft is a great additional space, that could be used for endless ideas. There are also two large storage closets in the loft area as well with ample storage space. You have access to two community pools and also have access to all of Dobson Ranch amenities, which includes a dog park, tennis and pickle ball courts, an Olympic sized pool and more! The HOA covers water, sewer, trash, and a blanket insurance policy

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.1
Remaining Loan Term
26 years, 10 months
Monthly PITI
$1,392.55/mo
Estimated Loan Balance
$237,469
Cash to close
$54,727
Interest Paid
$22,855

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Stucco, Wood Frame, Painted
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 1
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 3
  • Home type: Townhouse
  • Architectural Style:
Materials
  • Stucco, Wood Frame, Painted
  • Roof: Tile
Condition
  • Year Built: 1981
Details
  • Builder: UNKNOWN

Community & HOA

Community
  • Subdivision: DOBSON GLEN AMD 3 & 4 UNIT 69-148
  • Features: Community Spa Htd, Community Pool
HOA
  • Has HOA: Yes
  • HOA Name: DOBSON GLEN
  • HOA Amenities: Unknown
  • HOA Fee: $324.01
  • HOA Frequency: $Monthly
Location
  • Region: Mesa

Financial Details

  • Price per Sqft: $242.21
  • Tax Annual Amount: $539
  • On Market Date: 2025-02-07T17:40:29.000Z
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 $54,727 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $54,727!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$225,273
Your Cash$54,727
Total Purchase Price:$280,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$1,027/mo
Traditional @ 7.5%
$1,685/mo
You save $658/month ($7,897/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6817150

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-28T18:52:48.000Z

© , 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

3.1%
7.15%

Principal & Interest

$1,027 /mo
$1,625 /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 $54,727 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $54,727!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$225,273
Your Cash$54,727
Total Purchase Price:$280,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$1,027/mo
Traditional @ 7.5%
$1,685/mo
You save $658/month ($7,897/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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