Laura Jewett

Laura Jewett

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Closed

$435,000

($61,525 down)
FHA

3031 W PARADISE Lane, Phoenix, AZ 85053

3
2
1,500 sqft
PITI Monthly
$2,739.23 /mo

Listing courtesy of: Heather Macpherson, Realty ONE Group

Assumed Rate

5.625%
7.15%

Principal & Interest

$2,176 /mo
$2,553 /mo

What's Special

LOCATION
FRESH PAINT
DINING
SPACIOUS
LUXURY
FIREPLACE
EN SUITE BATHROOM
PATIO
NO HOA

Step into this beautifully updated 3-bedroom, 2-bath home, perfectly situated on a spacious corner lot with no HOA. Offering 1,500 square feet of thoughtfully designed living space, this property has everything you've been searching for and more! The interior shines with all-new Wiltshire Oak luxury vinyl plank flooring throughout, fresh paint, and a brand-new kitchen with abundant cabinet and countertop space. The heart of the home is the stunning double-sided fireplace, adding warmth and elegance to the living and dining areas. The primary bedroom serves as a private retreat, with its generous size and en suite bathroom for ultimate comfort. Outside, you'll find a large backyard perfect for entertaining, complete with a sparkling pool, a covered patio, and a spacious workshop. Need space for your RV or toys? The RV gate and pad are ready to accommodate. With a 2-car garage and a newer roof (2 years old) and HVAC system (5 years old), this home offers peace of mind and convenience. Nestled across the street from Conocido Park and just 15 minutes from the new TSMC factory, the location is unbeatable! Enjoy quick access to I-17 and Loop 101, making commutes and adventures a breeze. This property truly has it alldon't miss your chance to make it yours!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.625
Remaining Loan Term
28 years, 10 months
Monthly PITI
$2,739.23/mo
Estimated Loan Balance
$376,072
Cash to close
$61,525
Interest Paid
$24,632

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Wood Frame, Brick Veneer, Block, Brick
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Two Way Fireplace
  • Flooring: Vinyl

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Diving Pool, Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style: Ranch
Materials
  • Wood Frame, Brick Veneer, Block, Brick
  • Roof: Composition
Condition
  • Year Built: 1982
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: RANCHO ENCANTO UNIT 6
  • Features: Playground, Biking/Walking Path
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $290
  • Tax Annual Amount: $1744
  • On Market Date: 2025-01-03T00:00:00.000Z
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 $61,525 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $61,525!

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

Loan Breakdown

Assumed Mortgage5.625% Sellers Rate
$373,475
Your Cash$61,525
Total Purchase Price:$435,000

Assumed vs Traditional Mortgage

Assumed @ 5.625%
$2,176/mo
Traditional @ 7.5%
$2,822/mo
You save $646/month ($7,746/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6797693

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-02T08:09:33.000Z

© , 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

5.625%
7.15%

Principal & Interest

$2,176 /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 $61,525 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $61,525!

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

Loan Breakdown

Assumed Mortgage5.625% Sellers Rate
$373,475
Your Cash$61,525
Total Purchase Price:$435,000

Assumed vs Traditional Mortgage

Assumed @ 5.625%
$2,176/mo
Traditional @ 7.5%
$2,822/mo
You save $646/month ($7,746/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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