Laura Jewett

Laura Jewett

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Closed

$260,000

($77,081 down)
FHA

2833 E TRACY Lane UNIT 1, Phoenix, AZ 85032

2
2
960 sqft
PITI Monthly
$1,149.84 /mo

Listing courtesy of: Shahla Mentha, Realty ONE Group

Assumed Rate

2.98%
7.15%

Principal & Interest

$826 /mo
$1,326 /mo

What's Special

LOCATION
PRIVATE BACKYARD
COMMUNITY POOL
COZY

*Incredible opportunity 4% assumable mortgage available* Discover this beautifully updated corner unit featuring 2 bedrooms, 1.5 baths, and 2 convenient carports. With an inviting and lively color scheme, this home offers an open floor plan perfect for comfortable living. Upstairs, you'll find two bedrooms with stunning views of the community pool and a full bathroom, while a powder room is conveniently located downstairs. The first floor boasts durable tile flooring, while the bedrooms feature laminate flooring for a cozy touch. The seller has thoughtfully enhanced the backyard with a landscape watering system, creating a lush private oasis complete with a fig tree, flowering bushes, and outdoor lighting - perfect for relaxing or entertaining. A storage has been added under the staircase including the washer and dryer (located in the storage area next to the kitchen), are included. The kitchen offers direct access to the private backyard and the 2-car carport, adding convenience to your daily routine. Located in a prime North Phoenix spot, this home is close to parks, the 101 & 51 freeways, and the amenities of both Phoenix and Scottsdale. Don't miss this opportunity for a stylish and comfortable home in an unbeatable location!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.98
Remaining Loan Term
26 years, 4 months
Monthly PITI
$1,149.84/mo
Estimated Loan Balance
$183,659
Cash to close
$77,081
Interest Paid
$20,635

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
Features
  • Materials: Synthetic Stucco, Wood Frame, Painted, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Vinyl, Tile

Exterior

Fencing
  • Fencing: Block, Wood
Roof
  • Roof: Tile
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: 2
  • Home type: Patio Home
  • Architectural Style: Other
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco
  • Roof: Tile
Condition
  • Year Built: 1984
Details
  • Builder: Eden Homes

Community & HOA

Community
  • Subdivision: PARADISE MOUNTAIN SHADOWS
  • Features: Community Spa Htd, Community Pool, Near Bus Stop, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Paradise Mountain Sh
  • HOA Amenities: Unknown
  • HOA Fee: $184
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $270.83
  • Tax Annual Amount: $428
  • On Market Date: 2024-09-12T00:00:00.000Z
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 $77,081 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $77,081!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$182,919
Your Cash$77,081
Total Purchase Price:$260,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$826/mo
Traditional @ 7.5%
$1,376/mo
You save $550/month ($6,600/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6755705

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-02-11T02:31:25.000Z

© , 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

2.98%
7.15%

Principal & Interest

$826 /mo
$1,326 /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 $77,081 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $77,081!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$182,919
Your Cash$77,081
Total Purchase Price:$260,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$826/mo
Traditional @ 7.5%
$1,376/mo
You save $550/month ($6,600/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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