Laura Jewett

Laura Jewett

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Closed

$630,000

($463,827 down)
VA

2957 E MELROSE Street, Gilbert, AZ 85297

5
3
2,446 sqft
PITI Monthly
$1,455.22 /mo

Listing courtesy of: Alicia Hughes, Citiea

Assumed Rate

3.55%
7.15%

Principal & Interest

$1,053 /mo
$1,574 /mo

What's Special

LOCATION
SERENE
SHOPPING
SPACIOUS
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
WALK-IN CLOSET
MASTER SUITE
SEPARATE SHOWER

This stunning 5-bedroom, 2.5-bathroom home offers a perfect blend of comfort and convenience in a highly desirable location. Situated on a premium lot, it is catty-corner to the community park with a picturesque pond. The backyard is a private oasis with low-maintenance pavers and a serene pond, ideal for relaxation. Inside, you'll find an open floor plan with a spacious kitchen featuring granite countertops, a 5-burner gas stove, stainless steel appliances, a breakfast bar, a pantry, and ample cabinet space. The large master suite boasts an updated bathroom with a separate shower and bathtub, a dual sink vanity, and a walk-in closet. The home is equipped with a newer AC, a newer dishwasher, and a Google Nest Ecobee thermostat for energy efficiency. The sellers cherish the tranquility of the neighborhood and often open the windows to enjoy the soothing sound of the backyard pond. Located near San Tan Village shopping center, the home offers excellent convenience and walkability in a quiet, welcoming community. Don't miss this gem!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.55
Remaining Loan Term
17 years, 5 months
Monthly PITI
$1,455.22/mo
Estimated Loan Balance
$168,401
Cash to close
$463,827
Interest Paid
$89,895

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Natural Gas
Features
  • Materials: Synthetic Stucco, Wood Frame, Brick Veneer, Painted, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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: Single Family Residence
  • Architectural Style:
Materials
  • Synthetic Stucco, Wood Frame, Brick Veneer, Painted, Stucco
  • Roof: Tile
Condition
  • Year Built: 2009
Details
  • Builder: TM Homes of Arizona INC

Community & HOA

Community
  • Subdivision: STRATLAND ESTATES
  • Features: Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Stratland Estates HO
  • HOA Amenities: Unknown
  • HOA Fee: $275
  • HOA Frequency: $Quarterly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $257.56
  • Tax Annual Amount: $2830
  • On Market Date: 2024-12-18T02:20:02.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $463,827 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
$

You cover the entire equity of $463,827!

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

Loan Breakdown

Assumed Mortgage3.55% Sellers Rate
$166,173
Your Cash:$463,827
Total Purchase Price:$630,000

Assumed vs Traditional Mortgage

Assumed @ 3.55%
$1,053/mo
Traditional @ 7.5%
$1,632/mo
You save $580/month ($6,954/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6795492

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-27T08:07:26.000Z

© , 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

3.55%
7.15%

Principal & Interest

$1,053 /mo
$1,574 /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 $463,827 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
$

You cover the entire equity of $463,827!

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

Loan Breakdown

Assumed Mortgage3.55% Sellers Rate
$166,173
Your Cash:$463,827
Total Purchase Price:$630,000

Assumed vs Traditional Mortgage

Assumed @ 3.55%
$1,053/mo
Traditional @ 7.5%
$1,632/mo
You save $580/month ($6,954/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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