Laura Jewett

Laura Jewett

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$1,125,000

($539,964 down)
VA

5088 S PONDEROSA Drive, Gilbert, AZ 85298

4
4
3,501 sqft
PITI Monthly
$4,480.76 /mo

Listing courtesy of: Nicki Highmark, Realty Executives

Assumed Rate

6.99%
7.15%

Principal & Interest

$3,901 /mo
$3,965 /mo

What's Special

GREAT CURB APPEAL
DINING
SPACIOUS
MODERN
FIREPLACE
WALK-IN CLOSET
SOAKING TUB
SEPARATE SHOWER
PATIO
CHARMING
COZY

Back on the market! Buyer was not able to fulfill the loan. Property was through inspection and appraisal with the previous buyer. Your dream home is here in The Bridges! This stunning property has been beautifully maintained and updated, perfectly balancing comfort and elegance. Offering 4 bedrooms & 3.5 bathrooms, it provides ample space for family, friends, or guests. Great curb appeal with stone accent details, artificial turf, and beautiful landscaping. The 3-car garage is equipped with a Tesla charger and the private courtyard is an excellent spot for your morning coffee! As you step inside, you'll be greeted by an inviting open floor plan filled with natural light. The spacious living room flows seamlessly into a modern kitchen, making gathering a bliss! Large island, granite counters & backsplash, ample wood cabinetry, a dry bar with wine rack and SS appliances with cooktop gas make up the culinary space. Formal dining room is ideal for entertaining or cozy dinners! The versatile den and the office area w/built-in desk are added perks. Gorgeous accent walls create a fabulous atmosphere, enhanced by plantation shutters, stylish tile fixtures, tall ceilings, and tasteful flooring. Retreat to the luxurious primary suite complete with exterior door leading to the private oasis! Also including a gorgeous bathroom that boasts a walk-in closet, soaking tub, tiled separate shower, and a large vanity w/dual sinks. Laundry room with a sink & cabinetry for your convenience. But the true highlight is the backyard oasis! Perfect for outdoor entertaining or quiet evenings under the stars, it showcases a covered patio, fireplace, artificial turf, and a welcoming pool with a baja shelf. Located just minutes from Gilbert Regional Park and steps from the Bridges neighborhood park, this home offers convenience without sacrificing tranquility. Don't miss the opportunity to make this charming residence your own!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.99
Remaining Loan Term
29 years, 2 months
Monthly PITI
$4,480.76/mo
Estimated Loan Balance
$586,014
Cash to close
$539,964
Interest Paid
$34,063

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
Features
  • Materials: Stucco, Wood Frame, Blown Cellulose, Painted, Stone, Spray Foam Insulation, Low VOC Insulation
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Exterior Fireplace, Gas
  • Flooring: Carpet, Tile, Wood

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: Yes
  • Pool Features: Variable Speed Pump, Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style: Ranch
Materials
  • Stucco, Wood Frame, Blown Cellulose, Painted, Stone, Spray Foam Insulation, Low VOC Insulation
  • Roof: Tile
Condition
  • Year Built: 2014
Details
  • Builder: T.W. Lewis / Weekley Homes

Community & HOA

Community
  • Subdivision: The Bridges
  • Features: Lake, Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: The Bridges
  • HOA Amenities: Unknown
  • HOA Fee: $125
  • HOA Frequency: $Monthly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $321.34
  • Tax Annual Amount: $4354
  • On Market Date: 2024-10-03T00:00:00.000Z
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 $539,964 (48%)
You can enter any amount below - secondary financing will cover the difference if needed.
48%
$

You cover the entire equity of $539,964!

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

Loan Breakdown

Assumed Mortgage6.99% Sellers Rate
$585,036
Your Cash$539,964
Total Purchase Price:$1,125,000

Assumed vs Traditional Mortgage

Assumed @ 6.99%
$3,901/mo
Traditional @ 7.5%
$4,112/mo
You save $211/month ($2,532/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6764089

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-03T00:08:40.000Z

© , 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

6.99%
7.15%

Principal & Interest

$3,901 /mo
$3,965 /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 $539,964 (48%)
You can enter any amount below - secondary financing will cover the difference if needed.
48%
$

You cover the entire equity of $539,964!

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

Loan Breakdown

Assumed Mortgage6.99% Sellers Rate
$585,036
Your Cash$539,964
Total Purchase Price:$1,125,000

Assumed vs Traditional Mortgage

Assumed @ 6.99%
$3,901/mo
Traditional @ 7.5%
$4,112/mo
You save $211/month ($2,532/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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