Laura Jewett

Laura Jewett

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Closed

$515,000

($203,940 down)
FHA

40548 W DENNIS Lane, Maricopa, AZ 85138

4
3
3,137 sqft
PITI Monthly
$2,060.48 /mo

Listing courtesy of: Holly Jean Ellis, West USA Realty

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,412 /mo
$2,280 /mo

What's Special

SPACIOUS
MODERN
PATIO

This 4-bedroom, 2.5-bath home in the growing city of Maricopa offers a comfortable and spacious living environment. With four bedrooms, this home offers plenty of space for a family or for accommodating guests. The main living areas are adorned with elegant shutters, adding both style and privacy. One of the standout features of this home is the large open kitchen, perfect for entertaining. It includes modern appliances, ample counter space, and an oversized island. As you step into the backyard, you'll find a lovely travertine back patio, perfect for outdoor gatherings and relaxation. The backyard also features turf grass, providing a lush and green space without the need for constant maintenance. A wonderful place to call home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 6 months
Monthly PITI
$2,060.48/mo
Estimated Loan Balance
$394,063
Cash to close
$203,940
Interest Paid
$42,518

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Free Standing
  • 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: 1
  • Home type: Single Family - Detached
  • Architectural Style: Unknown
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2015
Details
  • Builder: KB Homes

Community & HOA

Community
  • Subdivision: SMITH FARMS PARCEL 7
  • Features: Community Pool, Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Desert Passage
  • HOA Amenities: Unknown
  • HOA Fee: $102
  • HOA Frequency: $Monthly
Location
  • Region: Maricopa

Financial Details

  • Price per Sqft: $164.17
  • Tax Annual Amount: $2909
  • On Market Date: 2023-10-05T00:00:00.000Z
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 $203,940 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $203,940!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$311,060
Your Cash$203,940
Total Purchase Price:$515,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,412/mo
Traditional @ 7.5%
$2,365/mo
You save $953/month ($11,432/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6610146

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-03-19T08:07:44.000Z

© , 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

2.94%
7.15%

Principal & Interest

$1,412 /mo
$2,280 /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 $203,940 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $203,940!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$311,060
Your Cash$203,940
Total Purchase Price:$515,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,412/mo
Traditional @ 7.5%
$2,365/mo
You save $953/month ($11,432/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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