Laura Jewett

Laura Jewett

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$449,000

($76,920 down)
FHA

2511 W QUEEN CREEK Road UNIT 179, Chandler, AZ 85248

1
2
871 sqft
PITI Monthly
$2,664.25 /mo

Listing courtesy of: Rebecca Reed, Gentry Real Estate

Assumed Rate

6.27%
7.15%

Principal & Interest

$2,332 /mo
$2,553 /mo

What's Special

MODERN
LUXURY
BALCONY

Modern luxury lakeside condominium in downtown Ocotillo built in 2023. The inclusion of Copenhagen furnishings indicates a commitment to high-quality, stylish interior design. The kitchen upgrades, featuring quartz countertops, backsplash and kitchen island, alongside white maple contemporary cabinets, reflect a modern aesthetic and functional design. An oversized balcony accessible from both the living room and bedroom enhances the living experience, offering views and an outdoor extension of the living space. The building's infrastructure, including an elevator and a gated parking garage, ensures ease of access and security. A locked bicycle storage room caters to the needs of cycling enthusiasts and promotes an active lifestyle. The range of amenities offered, such as a heated pool, spa, steam room, lockers, club house, BBQ's, firepits, pickleball and more, underscore a focus on community and wellness. These features not only provide relaxation and leisure opportunities but also foster a sense of community among residents. This condominium represents a blend of luxury, convenience, and community-focused living, appealing to those seeking a modern and upscale lifestyle by the lake.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.27
Remaining Loan Term
27 years, 11 months
Monthly PITI
$2,664.25/mo
Estimated Loan Balance
$377,310
Cash to close
$76,920
Interest Paid
$48,796

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s), Programmable Thmstat, Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: Wrought Iron
Roof
  • Roof: Tile, Built-Up
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: 4
  • Home type: Apartment Style/Flat
  • Architectural Style: Contemporary
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile, Built-Up
Condition
  • Year Built: 2023
Details
  • Builder: Statesman

Community & HOA

Community
  • Subdivision: CAYS AT DOWNTOWN OCOTILLO CONDOMINIUM AMD
  • Features: Pickleball Court(s), Community Spa Htd, Community Pool Htd, Near Bus Stop, Lake Subdivision, Community Media Room, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
HOA
  • Has HOA: Yes
  • HOA Name: The Cays
  • HOA Amenities: Unknown
  • HOA Fee: $247.14
  • HOA Frequency: $Monthly
Location
  • Region: Chandler

Financial Details

  • Price per Sqft: $515.5
  • Tax Annual Amount: $102
  • On Market Date: 2024-07-03T00:00:00.000Z
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 $76,920 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $76,920!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$372,080
Your Cash$76,920
Total Purchase Price:$449,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$2,332/mo
Traditional @ 7.5%
$2,648/mo
You save $316/month ($3,791/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6726798

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-02T20:00:41.000Z

© , 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

$2,332 /mo
$2,553 /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 $76,920 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $76,920!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$372,080
Your Cash$76,920
Total Purchase Price:$449,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$2,332/mo
Traditional @ 7.5%
$2,648/mo
You save $316/month ($3,791/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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