Laura Jewett

Laura Jewett

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$435,000

($53,208 down)
FHA

3131 E LEGACY Drive UNIT 1107, Phoenix, AZ 85042

2
3
1,648 sqft
PITI Monthly
$3,054.22 /mo

Listing courtesy of: Lesley Porter, My Home Group Real Estate

Assumed Rate

6.78%
7.15%

Principal & Interest

$2,511 /mo
$2,606 /mo

What's Special

DINING
PATIO
COMMUNITY POOL

This beautiful townhome offers ensuites in both bedrooms, high ceilings, 2 patios, and a great open floor plan. The kitchen is large with lots of cabinet space. There is a den with french doors on the main floor that can easily double as a guest room or office. There is an oversized powder room on the main floor. The home has a lovely dining area as well as bar seating around the kitchen counter. Laundry room is inside with lots of storage space. Private garage for 2 cars attached to home. This beautiful and well-kept home is located in the sought after community of Legacy! Legacy offers golf, tennis, community pools and spa, hiking at South Mountain, workout room, club house and so much more. Only 10 min drive to airport.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.78
Remaining Loan Term
29 years, 0 months
Monthly PITI
$3,054.22/mo
Estimated Loan Balance
$382,493
Cash to close
$53,208
Interest Paid
$26,037

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Electric
Features
  • Materials: Synthetic Stucco, Wood Frame, Painted, Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Gas
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: None
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: 2
  • Home type: Townhouse
  • Architectural Style:
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco
  • Roof: Tile
Condition
  • Year Built: 2002
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: CACHET AT LEGACY CONDOMINIUM
  • Features: Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Golf, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse, Fitness Center
HOA
  • Has HOA: Yes
  • HOA Name: Cachet at the Legacy
  • HOA Amenities: Unknown
  • HOA Fee: $420
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $263.96
  • Tax Annual Amount: $2602
  • On Market Date: 2025-03-24T00:00:00.000Z
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 $53,208 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $53,208!

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

Loan Breakdown

Assumed Mortgage6.78% Sellers Rate
$381,792
Your Cash$53,208
Total Purchase Price:$435,000

Assumed vs Traditional Mortgage

Assumed @ 6.78%
$2,511/mo
Traditional @ 7.5%
$2,703/mo
You save $193/month ($2,315/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6839784

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-30T22:01:28.000Z

© , 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

6.78%
7.15%

Principal & Interest

$2,511 /mo
$2,606 /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 $53,208 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $53,208!

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

Loan Breakdown

Assumed Mortgage6.78% Sellers Rate
$381,792
Your Cash$53,208
Total Purchase Price:$435,000

Assumed vs Traditional Mortgage

Assumed @ 6.78%
$2,511/mo
Traditional @ 7.5%
$2,703/mo
You save $193/month ($2,315/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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