$625,000
($448,824 down)25615 S RIBBONWOOD Drive, Sun Lakes, AZ 85248
PITI Monthly
Listing courtesy of: Ginny Crocco, Realty Executives
Assumed Rate
2.68%
7.15%Principal & Interest
$765 /mo
$1,277 /moWhat's Special
PRIME GOLFCOURSE LOT! 2 GREEN FAIRWAYS (no golfballs} Amazing opportunity! Lot chosen during Grand Opening of neighborhood! Charming Home! EASY 1/4 mile walk/ride to CLUBHOUSE,Pools. Wide lot-add a Pool or Casita? Luxurious Plantation Shutters+ Vaulted Ceilings THRUOUT. Mirrored WetBar, Formal Dining Rm for great entertaining. Dream Kitchen-Double Wall Ovens, Granite Counters, Garden Window, KITCHENAIDE Luxury-Stainless Steel Appliances. Relax on your shady Covered Patio and enjoy EAST GREEN GOLF VIEWS! Trees, Citrus, Roses auto-watering.HANDICAPPED FEATURES. Very LARGE BEDROOMS! Enjoy JETTED SPA BATH & Beautiful TRAVERTINE Showers. 2020 SOLAR ELECTRIC SYSTEM-OWNED w/ WARRANTY! 5ft extended Garage & Wall of Cabinets for STORAGE+GOLF CART GARAGE. Handicap access! 31inch Doorways.GrabBars We Welcome Buyer Agents:) Entertainment Center in Fam Rm is optional. Just write Seller during your Inspection period to have it removed by a professional Contractor. Solar System Contract states that it has a 25 year transferrable Warranty. Installed Feb 2020. We have full details, all the paperwork, including utility bills. Happy to share formal Appraisal done September 2024. Value due to current comps at that time $670,000. Believe client will move in with equity. Also included Cottonwood Palo Verde great workout gym facilities of Sun Lakes.
Assumption Snapshot
Type of Loan
VA
Interest Rate
2.68
Remaining Loan Term
26 years, 7 months
Monthly PITI
$1,221.42/mo
Estimated Loan Balance
$176,916
Cash to close
$448,824
Interest Paid
$16,660
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Cooling & Heating
- Cooling: Central Air, Ceiling Fan(s)
- Heating: Electric
Features
- Materials: Synthetic Stucco, Other, Wood Frame, Painted, Stucco
- Community: Unknown
- Has Fireplace: Yes
- Fireplace Features: 1 Fireplace, 2 Fireplace, Family Room, Living Room
- Flooring: Laminate, Tile
Exterior
Fencing
- Fencing: Other, Block
Roof
- Roof: Tile
Parking
- Garage: Yes
- Garage Spaces: 2.5
- Carport: Yes
- Carport Spaces: 2.5
Water
- Sewer: Sewer in & Cnctd, Public Sewer
- Water Source: Pvt Water Company
Pool
- Has Pool: No
- Pool Features: None
Construction
Type & Style
- Stories: 1
- Home type: Single Family Residence
- Architectural Style: Ranch
Materials
- Synthetic Stucco, Other, Wood Frame, Painted, Stucco
- Roof: Tile
Condition
- Year Built: 1991
Details
- Builder: ROBSON
Community & HOA
Community
- Subdivision: PALO VERDE IN SUN LAKES UNIT 23
- Features: Pickleball, Lake, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Guarded Entry, Golf, Tennis Court(s), Racquetball, Biking/Walking Path, Clubhouse, Fitness Center
HOA
- Has HOA: Yes
- HOA Name: Cottonwood PaloVerde
- HOA Amenities: Unknown
- HOA Fee: $2258
- HOA Frequency: $Annually
Location
- Region: Sun Lakes
Financial Details
- Price per Sqft: $292.47
- Tax Annual Amount: $3482
- On Market Date: 2024-10-29T18:40:04.000Z
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You cover the entire equity of $448,824!
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: 6777179
Listing From: Arizona Regional Multiple Listing Service (ARMLS)
Last updated: 2025-04-02T04:42:06.000Z
© , 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
2.68%
7.15%Principal & Interest
$765 /mo
$1,277 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $448,824!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000Resources
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