Laura Jewett

Laura Jewett

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Closed

$299,000

($80,623 down)
FHA

2403 W RUE DE LAMOUR Avenue, Phoenix, AZ 85029

3
2
1,270 sqft
PITI Monthly
$1,689.78 /mo

Listing courtesy of: Michael Fabbro, West USA Realty

Assumed Rate

6.27%
7.15%

Principal & Interest

$1,366 /mo
$1,495 /mo

What's Special

FRESH PAINT
COMMUNITY POOL
TENNIS COURTS
MOUNTAIN VIEWS

Don't miss out on this great opportunity to live in Valle Venado! This is a 3 bedroom, 2 bathroom with plenty of storage. The large backyard has synthetic grass and has mountain views! The exterior has 3 storage sheds. Both the primary and living area have had new carpet installed, as well as fresh paint throughout the unit! This is a Great Value if you're looking for that single family home without the price tag! You can enjoy 2 community pools and tennis courts. Convenient to bus stops and freeway. Valle Venado has walking/biking paths and is also next door to Cave Creek Park at Thunderbird where you can take advantage of the basketball and volleyball courts, as well as Ramada and picnic areas.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.27
Remaining Loan Term
27 years, 11 months
Monthly PITI
$1,689.78/mo
Estimated Loan Balance
$220,777
Cash to close
$80,623
Interest Paid
$28,580

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Built-Up
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Apartment Style/Flat
  • Architectural Style:
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Built-Up
Condition
  • Year Built: 1978
Details
  • Builder: Lennar Homes

Community & HOA

Community
  • Subdivision: VALLE VENADO UNIT 1 MOD
  • Features: Community Spa, Community Pool, Near Bus Stop, Tennis Court(s), Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Valle Venado
  • HOA Amenities: Unknown
  • HOA Fee: $140.5
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $235.43
  • Tax Annual Amount: $866
  • On Market Date: 2024-01-15T00:00:00.000Z
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 $80,623 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $80,623!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$218,377
Your Cash$80,623
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$1,366/mo
Traditional @ 7.5%
$1,551/mo
You save $185/month ($2,220/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6650385

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-03-12T03:33:19.000Z

© , 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

6.27%
7.15%

Principal & Interest

$1,366 /mo
$1,495 /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 $80,623 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $80,623!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$218,377
Your Cash$80,623
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$1,366/mo
Traditional @ 7.5%
$1,551/mo
You save $185/month ($2,220/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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