Laura Jewett

Laura Jewett

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Closed

$675,000

($244,588 down)
VA

48807 N 287TH Drive, Morristown, AZ 85342

3
2
1,800 sqft
PITI Monthly
$2,029.75 /mo

Listing courtesy of: Courtney Zimmerman, Platinum Living Realty

Assumed Rate

2.25%
7.15%

Principal & Interest

$1,728 /mo
$3,053 /mo

What's Special

MODERN
FIREPLACE
PATIO

Panoramic views are just the beginning! This wonderfully updated home provides a soft ascetic with gorgeous exposed slump block and exposed beam architecture throughout the interior and exterior of the home! Well apportioned rooms allow for entertaining at ease, with multiple patios providing an extension to the outdoors and views of the amazing sunsets! With three ample sized bedrooms, you could design the home how ever you see fit. Both bathrooms provide the modern touches you'd expect in a home of this caliber and yet they still feel quaint and don't deter the soft touches of the design.Enjoy the beautiful wood burning fireplace on those cool desert evenings. The property provides seclusion and gives you access to ride out directly to state land on your toys or horses!! Over 4 Acres

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.25
Remaining Loan Term
27 years, 0 months
Monthly PITI
$2,029.75/mo
Estimated Loan Balance
$433,164
Cash to close
$244,588
Interest Paid
$29,448

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Painted, Slump Block
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Living Room
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: See Remarks
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Septic in & Cnctd
  • Water Source: Well - Pvtly Owned
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Slump Block
  • Roof: Composition
Condition
  • Year Built: 1979
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: N/A
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Morristown

Financial Details

  • Price per Sqft: $375
  • Tax Annual Amount: $1624
  • On Market Date: 2024-07-04T07:21:52.000Z
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 $244,588 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $244,588!

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

Loan Breakdown

Assumed Mortgage2.25% Sellers Rate
$430,412
Your Cash$244,588
Total Purchase Price:$675,000

Assumed vs Traditional Mortgage

Assumed @ 2.25%
$1,728/mo
Traditional @ 7.5%
$3,167/mo
You save $1,439/month ($17,267/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6653021

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-05-02T08:09:45.000Z

© , 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

2.25%
7.15%

Principal & Interest

$1,728 /mo
$3,053 /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 $244,588 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $244,588!

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

Loan Breakdown

Assumed Mortgage2.25% Sellers Rate
$430,412
Your Cash$244,588
Total Purchase Price:$675,000

Assumed vs Traditional Mortgage

Assumed @ 2.25%
$1,728/mo
Traditional @ 7.5%
$3,167/mo
You save $1,439/month ($17,267/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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