Laura Jewett

Laura Jewett

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Closed

$408,000

($187,071 down)
VA

2316 W ARROYO Way, Queen Creek, AZ 85142

3
2
1,733 sqft
PITI Monthly
$1,419.56 /mo

Listing courtesy of: Tricia Hill, Coldwell Banker Realty

Assumed Rate

3.8%
7.15%

Principal & Interest

$1,165 /mo
$1,689 /mo

What's Special

SHOPPING
SPACIOUS
PATIO
WALKING TRAILS
CHARMING

Seller Concessions Available for this charming single-level 3 bedroom, plus office and 2 bath home near Ellsworth Loop in Queen Creek, at 2316 W Arroyo Way. Situated near Schnepf Farms, boasts a large grassy backyard with flower and vegetable planters, a covered patio, and an RV gate. Inside, an open-concept common room offers privacy, while a front office provides ample space for an additional bedroom or playroom. Enjoy parks, local schools, walking trails, and proximity to shopping, restaurants, and Mesa Gateway Airport, making daily errands and travel a breeze. Its spacious backyard, versatile interior layout, and fantastic community amenities, it's a place where memories are made and everyday living is a delight. Discover the beauty of this wonderful home and community for yourself

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.8
Remaining Loan Term
24 years, 4 months
Monthly PITI
$1,419.56/mo
Estimated Loan Balance
$226,725
Cash to close
$187,071
Interest Paid
$50,943

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Natural Gas
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: Pvt Water Company
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Contemporary
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2015
Details
  • Builder: BEAZER HOMES

Community & HOA

Community
  • Subdivision: MORNING SUN FARMS UNIT 4C 2013067837
  • Features: Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Morning Sun Farms Homeowners Association Inc
  • HOA Amenities: Unknown
  • HOA Fee: $82
  • HOA Frequency: $Monthly
Location
  • Region: Queen Creek

Financial Details

  • Price per Sqft: $235.43
  • Tax Annual Amount: $1256
  • On Market Date: 2024-04-19T00:00:00.000Z
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 $187,071 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $187,071!

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

Loan Breakdown

Assumed Mortgage3.8% Sellers Rate
$220,929
Your Cash$187,071
Total Purchase Price:$408,000

Assumed vs Traditional Mortgage

Assumed @ 3.8%
$1,165/mo
Traditional @ 7.5%
$1,751/mo
You save $587/month ($7,039/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6689232

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-12-10T20:22:06.000Z

© , 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

3.8%
7.15%

Principal & Interest

$1,165 /mo
$1,689 /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 $187,071 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $187,071!

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

Loan Breakdown

Assumed Mortgage3.8% Sellers Rate
$220,929
Your Cash$187,071
Total Purchase Price:$408,000

Assumed vs Traditional Mortgage

Assumed @ 3.8%
$1,165/mo
Traditional @ 7.5%
$1,751/mo
You save $587/month ($7,039/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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