Laura Jewett

Laura Jewett

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Closed

$730,000

($214,895 down)
VA

38065 N CAVE CREEK Road UNIT 40, Cave Creek, AZ 85331

3
3
2,272 sqft
PITI Monthly
$2,669.26 /mo

Listing courtesy of: Kathy Kate Harris, Russ Lyon Sotheby's International Realty

Assumed Rate

2.83%
7.15%

Principal & Interest

$2,329 /mo
$3,813 /mo

What's Special

LOCATION
SERENE
SHOPPING
DINING
SPACIOUS
MOVE-IN READY
MODERN
STAINLESS STEEL APPLIANCES
BREAKFAST NOOK
FIREPLACE
MASTER SUITE
DECK
PATIO
PRIVATE BACKYARD
MOUNTAIN VIEWS
CHARMING
COZY

This 3-bedroom, 3-bathroom townhome blends Southwest charm, modern updates, in a prime location. Perched on a higher corner lot, it offers sweeping mountain views and a peaceful setting. The great room features an ambient fireplace with art niches, wood plank tile flooring, and plantation shutters. The eat-in kitchen showcases white cabinets, a subway tile backsplash, stainless steel appliances, and a cozy breakfast nook. Freshly painted interiors are clean, bright, and move-in ready. The main level includes a serene & spacious primary suite, while the upper level offers a second master suite with access to a private view deck. Unwind by the rooftop fireplace under the canopy of stars, perfect for romantic evenings. Outdoors, enjoy a welcoming courtyard and private backyard patio with a charming Kiva fireplace, ideal for entertaining or relaxing with friends and family. This lovingly maintained home is part of a community with a sparkling pool and easy access to Cave Creek's vibrant dining, shopping, and outdoor adventures. Known for its eclectic charm, the town offers everything from unique boutiques to scenic hiking trails. This Southwest-inspired retreat is a rare find in one of Arizona's most desirable areas.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.83
Remaining Loan Term
25 years, 9 months
Monthly PITI
$2,669.26/mo
Estimated Loan Balance
$516,217
Cash to close
$214,895
Interest Paid
$64,792

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 3+ Fireplace, Exterior Fireplace, Living Room, Gas
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block, Partial, Wrought Iron
Roof
  • Roof: Built-Up
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Sewer in & Cnctd
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Townhouse
  • Architectural Style: Territorial/Santa Fe
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Built-Up
Condition
  • Year Built: 1995
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: RANCHO VILLAS - UNIT 2
  • Features: Gated Community, Community Spa Htd, Community Spa, Community Pool
HOA
  • Has HOA: Yes
  • HOA Name: Rancho Villas II
  • HOA Amenities: Unknown
  • HOA Fee: $225
  • HOA Frequency: $Monthly
Location
  • Region: Cave Creek

Financial Details

  • Price per Sqft: $321.3
  • Tax Annual Amount: $1483
  • On Market Date: 2024-12-14T00:00:00.000Z
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 $214,895 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $214,895!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$515,105
Your Cash$214,895
Total Purchase Price:$730,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$2,329/mo
Traditional @ 7.5%
$3,956/mo
You save $1,627/month ($19,520/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6793831

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-02-24T18:10:28.000Z

© , 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

2.83%
7.15%

Principal & Interest

$2,329 /mo
$3,813 /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 $214,895 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $214,895!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$515,105
Your Cash$214,895
Total Purchase Price:$730,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$2,329/mo
Traditional @ 7.5%
$3,956/mo
You save $1,627/month ($19,520/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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