Laura Jewett

Laura Jewett

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Closed

$625,000

($227,135 down)
VA

4616 S 118TH Drive, Avondale, AZ 85323

5
4
3,551 sqft
PITI Monthly
$2,249.84 /mo

Listing courtesy of: Jordana Archuleta, DPR Realty LLC

Assumed Rate

2.9%
7.15%

Principal & Interest

$1,758 /mo
$2,853 /mo

What's Special

DINING
SPACIOUS
MODERN
FIREPLACE
WALK-IN CLOSET
PATIO
LANDSCAPED
COMMUNITY POOL
TENNIS COURTS
MOUNTAIN VIEWS
SOLAR PANELS

Seller willing to pay $6,000 towards buyer's closing costs or RATE BUY DOWN! VA Buyers-Rates have you on the fence? We have a solution! This home has an ASSUMABLE VA MORTGAGE AT 2.75%. Call your agent for details on what your monthly LOW BLENDED payment would be. Welcome to Avondale's Alamar! Delight in this sweet community and all of its wonderful amenities, such as a sparkling lake, tennis courts, community pool and multiple park areas for the youngsters. Even better, in this community there's fantastic home available. Priced to sell, this gently lived in and spacious 2021 Taylor Morrison Turquoise floor plan is move in ready. Complete with 5 bedrooms/3.5 baths. Primary bedroom is on the first floor and has a comfortable ensuite. 2 large walk-in closets, and 2 vanities. Get ready in style! The heart of the home is a Gourmet Kitchen including beautiful White Quartz Counters, ''Natural Rye'' cabinets, gigantic island, built in oven, stainless steel hood, modern light fixtures, ample pantry space. Reverse Osmosis and Water softener included. Upgraded tile floors, an incredible amount living space with soaring ceilings, equipped with built in speakers in the living room, an open dining area, in addition to the formal dining room as well, excellent space for holiday gatherings, a perfect work from home den. Bring the Big Screen TV, because upstairs you'll find a light and bright loft that has plenty of space for relaxing and watching your favorite sports. A premium, extra-large & professionally landscaped yard with REAL grass, built in exterior fireplace and grill, incredible set up for entertaining. Patio also has built in speakers. Stunning Mountain Views. There is a K-8 Prep School within walking distance. Steps from the neighborhood park, the neighborhood is beautiful and full of lush landscaping. Solar panels for super low energy bills. 3 car tandem garage, store just about anything with the awesome amount of closet space throughout. It's a 10/10!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.9
Remaining Loan Term
26 years, 7 months
Monthly PITI
$2,249.84/mo
Estimated Loan Balance
$398,660
Cash to close
$227,135
Interest Paid
$40,341

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Electric, Natural Gas
Features
  • Materials: Synthetic Stucco, Wood Frame, Painted
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Exterior Fireplace, 1 Fireplace
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces: 3
Water
  • Sewer: Sewer in & Cnctd, 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
  • Synthetic Stucco, Wood Frame, Painted
  • Roof: Tile
Condition
  • Year Built: 2021
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: ALAMAR PHASE 1
  • Features: Lake, Community Pool, Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Cohere
  • HOA Amenities: Unknown
  • HOA Fee: $90
  • HOA Frequency: $Monthly
Location
  • Region: Avondale

Financial Details

  • Price per Sqft: $176.01
  • Tax Annual Amount: $3902
  • On Market Date: 2024-05-08T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $227,135 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $227,135!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$397,865
Your Cash$227,135
Total Purchase Price:$625,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,758/mo
Traditional @ 7.5%
$2,959/mo
You save $1,201/month ($14,412/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6700716

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-09-10T14:29:35.000Z

© , 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

2.9%
7.15%

Principal & Interest

$1,758 /mo
$2,853 /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 $227,135 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $227,135!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$397,865
Your Cash$227,135
Total Purchase Price:$625,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,758/mo
Traditional @ 7.5%
$2,959/mo
You save $1,201/month ($14,412/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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