Laura Jewett

Laura Jewett

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Closed

$400,000

($68,822 down)
FHA

38652 N REYNOSA Drive, San Tan Valley, AZ 85140

3
2
1,770 sqft
PITI Monthly
$2,360.3 /mo

Listing courtesy of: Gretchen E Munn, Compass

Assumed Rate

4.98%
7.15%

Principal & Interest

$1,837 /mo
$2,316 /mo

What's Special

SPACIOUS

Welcome Home to the desirable Larado Ranch Community This 3 bedroom/2 bathroom home has been meticulously maintained and loved by it's original owners. Enjoy a layout that is designed for comfort and style. Enjoy the chef's open kitchen with generous cabinetry and granite counter space which makes it ideal for your culinary adventures and entertaining family and friends. The spacious backyard includes a large dog run for your furry friends enjoyment. The 2 car garage has plenty of space as well as built in cabinetry and is equipped with 200 AMP service, perfect for your home workshop or hobbies. The community features multiple parks and greenbelts for your walking pleasure. Come and see this gem today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.98
Remaining Loan Term
27 years, 2 months
Monthly PITI
$2,360.3/mo
Estimated Loan Balance
$333,463
Cash to close
$68,822
Interest Paid
$47,386

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Stone, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Private Sewer
  • Water Source: Pvt Water Company
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Santa Barbara/Tuscan
Materials
  • Painted, Stucco, Stone, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2016
Details
  • Builder: Porchlight Homes

Community & HOA

Community
  • Subdivision: LAREDO RANCH UNIT 2
  • Features: Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Laredo Ranch
  • HOA Amenities: Unknown
  • HOA Fee: $51
  • HOA Frequency: $Monthly
Location
  • Region: San Tan Valley

Financial Details

  • Price per Sqft: $225.99
  • Tax Annual Amount: $1565
  • On Market Date: 2024-09-11T19:40:06.000Z
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 $68,822 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $68,822!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$331,178
Your Cash$68,822
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$1,837/mo
Traditional @ 7.5%
$2,403/mo
You save $566/month ($6,790/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6755711

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-10-18T08:06:27.000Z

© , 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

4.98%
7.15%

Principal & Interest

$1,837 /mo
$2,316 /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 $68,822 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $68,822!

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

Loan Breakdown

Assumed Mortgage4.98% Sellers Rate
$331,178
Your Cash$68,822
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 4.98%
$1,837/mo
Traditional @ 7.5%
$2,403/mo
You save $566/month ($6,790/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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