Laura Jewett

Laura Jewett

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Closed

$355,000

($126,813 down)
FHA

20756 E Concho Lane, Mayer, AZ 86333

2
2
1,464 sqft
PITI Monthly
$1,476.74 /mo

Listing courtesy of: Travis C Hinton, Citiea

Assumed Rate

2.9%
7.15%

Principal & Interest

$1,016 /mo
$1,649 /mo

What's Special

SPACIOUS
FIREPLACE
DECK
CHARMING
COZY
SOLAR PANELS

Nestled on over a 1/2-acre lot with solar panels, this property offers multiple dwellings and endless possibilities for those seeking privacy, space, and rustic charm. The main home features stunning flooring, a newly updated kitchen, and a cozy wood-burning fireplace, perfect for chilly winter nights. A spacious upstairs loft opens to a second-story deck with beautiful views. The second dwelling has recently been improved with Renewal by Andersen windows and provides a blank canvas, ideal for in-laws, a growing family, or even a home business. Enjoy an abundance of fruit trees--apples, apricots, nectarines, pomegranates, and more. Plus, the charming chicken coop, complete with egg-laying chickens, is optional. A truly unique opportunity at an irresistible price!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.9
Remaining Loan Term
26 years, 7 months
Monthly PITI
$1,476.74/mo
Estimated Loan Balance
$229,113
Cash to close
$126,813
Interest Paid
$23,324

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Propane
Features
  • Materials: Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition, Other
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: 1
  • Home type: Site Built Single Family
  • Architectural Style: A-Frame
Materials
  • Wood Frame
  • Roof: Composition, Other
Condition
  • Year Built: 1981
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Cordes Lakes Unit #8
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Mayer

Financial Details

  • Price per Sqft: $242.49
  • Tax Annual Amount: $1648
  • On Market Date: 2024-10-25T00:00:00.000Z
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 $126,813 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $126,813!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$228,187
Your Cash$126,813
Total Purchase Price:$355,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,016/mo
Traditional @ 7.5%
$1,711/mo
You save $694/month ($8,333/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PAR1068455

Listing From: paar

Last updated: 2024-12-27T17:06:20.000Z

© , paar. 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

2.9%
7.15%

Principal & Interest

$1,016 /mo
$1,649 /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 $126,813 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $126,813!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$228,187
Your Cash$126,813
Total Purchase Price:$355,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,016/mo
Traditional @ 7.5%
$1,711/mo
You save $694/month ($8,333/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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