Laura Jewett

Laura Jewett

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Closed

$550,000

($267,107 down)
VA

3706 S COTTONWOOD Drive, Tempe, AZ 85282

4
2
1,669 sqft
PITI Monthly
$1,560.52 /mo

Listing courtesy of: Kevin Belzer, HomeSmart

Assumed Rate

2.68%
7.15%

Principal & Interest

$1,249 /mo
$2,085 /mo

What's Special

LOCATION
FRESH PAINT
SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
RENOVATED
GRANITE COUNTERTOPS
PATIO
NO HOA

Welcome to this beautifully updated 4-bedroom, single-story home with a 2-car garage and no HOA! Recently renovated within the last 5 years, including a new A/C unit, this home features hard floors throughout and an open-concept kitchen with granite countertops. The exterior boasts fresh paint, a low-maintenance yard, and a sparkling PebbleTec diving pool. The spacious covered patio is ideal for entertaining. Conveniently located near shopping, dining, entertainment, the 101/60 freeways, and Ehrhardt Park. This home is the perfect blend of style, comfort, and location!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.68
Remaining Loan Term
25 years, 10 months
Monthly PITI
$1,560.52/mo
Estimated Loan Balance
$283,508
Cash to close
$267,107
Interest Paid
$32,888

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Natural Gas
Features
  • Materials: Painted, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Tile

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: Variable Speed Pump, Diving Pool, Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Block
  • Roof: Composition
Condition
  • Year Built: 1971
Details
  • Builder: Knoell Homes

Community & HOA

Community
  • Subdivision: Knoell Tempe
  • Features: Near Bus Stop, Playground
HOA
  • Has HOA: No
Location
  • Region: Tempe

Financial Details

  • Price per Sqft: $329.54
  • Tax Annual Amount: $1739
  • On Market Date: 2024-10-08T20:10:05.000Z
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.

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Savings Calculator

Current cash to close is $267,107 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $267,107!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$282,893
Your Cash$267,107
Total Purchase Price:$550,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$1,249/mo
Traditional @ 7.5%
$2,163/mo
You save $914/month ($10,968/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6768193

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-12-08T07:51:08.000Z

© , 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

2.68%
7.15%

Principal & Interest

$1,249 /mo
$2,085 /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 $267,107 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $267,107!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$282,893
Your Cash$267,107
Total Purchase Price:$550,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$1,249/mo
Traditional @ 7.5%
$2,163/mo
You save $914/month ($10,968/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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