Laura Jewett

Laura Jewett

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Closed

$365,000

($16,167 down)
FHA

26646 S New Town Drive, Sun Lakes, AZ 85248

2
2
1,373 sqft
PITI Monthly
$2,763.39 /mo

Listing courtesy of: Christopher Janczewski, West USA Realty

Assumed Rate

5.23%
7.15%

Principal & Interest

$2,164 /mo
$2,653 /mo

What's Special

GREAT CURB APPEAL

Welcome to this beautiful 2 bedroom/ 2 bath, single level home in the highly desirable Cottonwood at Sun Lakes adult community. Features: great curb appeal, 2.5-car garage with room for the golf cart, oversized-low maintenance backyard, nice sized family room, dual Ensuites. This home is nestled in a quiet community with a lot to offer including private golf course, workout facility, tennis/Pickleball courts, pool, and event center for community gatherings with restaurant and bar. With easy access to multiple freeways, you can enjoy everything Arizona has to offer including shops, restaurants, sporting events, hiking, and much more.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.23
Remaining Loan Term
27 years, 3 months
Monthly PITI
$2,763.39/mo
Estimated Loan Balance
$384,307
Cash to close
$16,167
Interest Paid
$55,399

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile, Foam
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Private 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:
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile, Foam
Condition
  • Year Built: 1988
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: COTTONWOOD
  • Features: Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Lake Subdivision, Golf, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
HOA
  • Has HOA: Yes
  • HOA Name: SUN LAKES #2
  • HOA Amenities: Unknown
  • HOA Fee: $1700
  • HOA Frequency: $Annually
Location
  • Region: Sun Lakes

Financial Details

  • Price per Sqft: $265.84
  • Tax Annual Amount: $2055
  • On Market Date: 2023-12-29T00:00:00.000Z
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 $16,167 (4%)
You can enter any amount below - secondary financing will cover the difference if needed.
4%
$

You cover the entire equity of $16,167!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$348,834
Your Cash$16,167
Total Purchase Price:$365,000

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$2,164/mo
Traditional @ 7.5%
$2,752/mo
You save $588/month ($7,052/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6643393

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-06-12T22:12:59.000Z

© , 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

5.23%
7.15%

Principal & Interest

$2,164 /mo
$2,653 /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 $16,167 (4%)
You can enter any amount below - secondary financing will cover the difference if needed.
4%
$

You cover the entire equity of $16,167!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$348,834
Your Cash$16,167
Total Purchase Price:$365,000

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$2,164/mo
Traditional @ 7.5%
$2,752/mo
You save $588/month ($7,052/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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