Laura Jewett

Laura Jewett

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Closed

$399,999

($57,088 down)
FHA

3140 W VILLA RITA Drive, Phoenix, AZ 85053

4
2
1,499 sqft
PITI Monthly
$2,003.92 /mo

Listing courtesy of: Jesus Alejandro Vega Medina, EMG Real Estate

Assumed Rate

2.87%
7.15%

Principal & Interest

$1,506 /mo
$2,454 /mo

What's Special

ENTERTAINMENT
SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
VAULTED CEILINGS
WALK-IN CLOSET
PATIO
CHARMING

Welcome to this charming single-level home that combines modern comfort with functionality! This property offers 4 beds, 2 baths, and an RV gate. The interior features tile flooring, designer paint, and vaulted ceilings, adding to the spacious feel. You'll love the sizable living room showcasing an entertainment niche and pre-wired surround sound, perfectly designed for movie nights. The eat-in kitchen comes with recessed lighting, stainless steel appliances, ample cabinet space, granite counters, tile backsplash, and sliding glass doors leading to the back patio. Discover the primary bedroom boasting a walk-in closet, direct outdoor access, and a bathroom with dual sinks. The large backyard includes a relaxing covered patio and a convenient storage shed. Hurry! Don't waste time!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.87
Remaining Loan Term
26 years, 5 months
Monthly PITI
$2,003.92/mo
Estimated Loan Balance
$344,180
Cash to close
$57,088
Interest Paid
$35,939

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 2012
Details
  • Builder: Custom

Community & HOA

Community
  • Subdivision: UNION HILLS ESTATES 2
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $266.84
  • Tax Annual Amount: $1083
  • On Market Date: 2023-10-13T00:00:00.000Z
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 $57,088 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $57,088!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$342,911
Your Cash$57,088
Total Purchase Price:$399,999

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,506/mo
Traditional @ 7.5%
$2,545/mo
You save $1,039/month ($12,467/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6617064

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-06-03T09:00:40.000Z

© , 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

2.87%
7.15%

Principal & Interest

$1,506 /mo
$2,454 /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 $57,088 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $57,088!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$342,911
Your Cash$57,088
Total Purchase Price:$399,999

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,506/mo
Traditional @ 7.5%
$2,545/mo
You save $1,039/month ($12,467/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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