Laura Jewett

Laura Jewett

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Closed

$515,000

($150,404 down)
VA

4040 E TONTO Street, Phoenix, AZ 85044

5
3
2,582 sqft
PITI Monthly
$2,139.5 /mo

Listing courtesy of: Bo F Buchanan III, HomeSmart

Assumed Rate

3.23%
7.15%

Principal & Interest

$1,715 /mo
$2,668 /mo

What's Special

SPACIOUS
INVESTMENT OPPORTUNITY

Investment Opportunity: Buy this amazing floor plan in the Ahwatukee neighborhood and gain some sweat equity with this fixer-upper. Large lot just over 7k sf. This home has some solid bones but will need some interior work: Needs flooring, bathroom repairs, drywall repairs, Kitchen work, etc. Spacious 3 car garage and great size lot really make it worth it. Cash or Conventional only - sold as-is. Proof of funds or pre-approval required. All offers due by Sunday 3/31, owners will reply on Monday.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.23
Remaining Loan Term
25 years, 4 months
Monthly PITI
$2,139.5/mo
Estimated Loan Balance
$372,906
Cash to close
$150,404
Interest Paid
$56,701

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Living Room
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces: 3
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: Unknown
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 1991
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: CENTER COURT AT AHWATUKEE PHASE 6 LOT 67-131 TR A
  • Features: Playground
HOA
  • Has HOA: Yes
  • HOA Name: ABM
  • HOA Amenities: Unknown
  • HOA Fee: $212.37
  • HOA Frequency: $Annually
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $199.46
  • Tax Annual Amount: $3098
  • On Market Date: 2024-03-26T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $150,404 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $150,404!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$364,596
Your Cash$150,404
Total Purchase Price:$515,000

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$1,715/mo
Traditional @ 7.5%
$2,767/mo
You save $1,053/month ($12,630/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6678526

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-04-24T08:06:30.000Z

© , 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

3.23%
7.15%

Principal & Interest

$1,715 /mo
$2,668 /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 $150,404 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $150,404!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$364,596
Your Cash$150,404
Total Purchase Price:$515,000

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$1,715/mo
Traditional @ 7.5%
$2,767/mo
You save $1,053/month ($12,630/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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