Laura Jewett

Laura Jewett

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Closed

$550,000

($390,708 down)
VA

3934 E MORROW Drive, Phoenix, AZ 85050

4
3
1,924 sqft
PITI Monthly
$1,019.01 /mo

Listing courtesy of: T. Wayne Cole, Realty ONE Group

Assumed Rate

2.77%
7.15%

Principal & Interest

$712 /mo
$1,175 /mo

What's Special

MOVE-IN READY
MODERN

This stunning home offers a generous $10,000 seller concession, perfect for covering a portion of the buyer's closing expenses. Step inside to find a freshly painted interior with brand new carpet, offering a modern and inviting feel throughout. A brand-new air conditioner was installed in 2024, ensuring year-round comfort. The home also boasts an upgraded electrical box with breakers, smoke detectors, and four new ceiling fans, all updated in 2023. Outside, you'll fall in love with the incredibly attractive front yard, designed with low-maintenance artificial grass and elegant pavers, also completed in 2023. The water heater was replaced in 2022 for added peace of mind, and the exterior was freshly repainted in 2020. This move-in ready home is packed with features that make it perfect!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.77
Remaining Loan Term
25 years, 10 months
Monthly PITI
$1,019.01/mo
Estimated Loan Balance
$159,979
Cash to close
$390,708
Interest Paid
$19,171

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
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, Laminate, Tile

Exterior

Fencing
  • Fencing: Block
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: Single Family - Detached
  • Architectural Style: Contemporary
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 1996
Details
  • Builder: Hancock

Community & HOA

Community
  • Subdivision: TROVARE UNIT 2
  • Features: Near Bus Stop
HOA
  • Has HOA: Yes
  • HOA Name: Travare HOA
  • HOA Amenities: Unknown
  • HOA Fee: $157
  • HOA Frequency: $Quarterly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $285.86
  • Tax Annual Amount: $1682
  • On Market Date: 2024-10-17T23:50:05.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $390,708 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $390,708!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$159,292
Your Cash:$390,708
Total Purchase Price:$550,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$712/mo
Traditional @ 7.5%
$1,219/mo
You save $507/month ($6,082/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6772635

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-11-21T09:07:36.000Z

© , 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

2.77%
7.15%

Principal & Interest

$712 /mo
$1,175 /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 $390,708 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $390,708!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$159,292
Your Cash:$390,708
Total Purchase Price:$550,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$712/mo
Traditional @ 7.5%
$1,219/mo
You save $507/month ($6,082/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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