Laura Jewett

Laura Jewett

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Closed

$227,900

($128,683 down)
FHA

510 N ALMA SCHOOL Road UNIT 158, Mesa, AZ 85201

2
2
944 sqft
PITI Monthly
$860.29 /mo

Listing courtesy of: Mark Dingeman, My Home Group Real Estate

Assumed Rate

4.5%
7.15%

Principal & Interest

$590 /mo
$786 /mo

What's Special

LOCATION
WALK-IN CLOSET
PATIO
COMMUNITY POOL
CLUBHOUSE

Amazing two-story townhome in west Mesa located near the 101 and 202 with quick access to ASU, the light rail and anywhere in metro Phoenix. Great interior location in the community. Upstairs you will find the large primary bedroom with a walk-in closet and a full bath. The 2nd bedroom and guest bathroom are located on the first floor. There is a private enclosed patio and outside storage closet located at the front of the townhome. A new water heater was installed on 5-29-24. The refrigerator and washer/dryer combo are included. The new owners will be able to enjoy the community pool and clubhouse. This townhome has an assumable FHA loan at 4.5% interest rate. This would be an ideal rental home or a starter home. Come see this townhome today and take advantage of this great opportunity!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.5
Remaining Loan Term
22 years, 2 months
Monthly PITI
$860.29/mo
Estimated Loan Balance
$99,584
Cash to close
$128,683
Interest Paid
$38,188

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Siding, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 1
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: Townhouse
  • Architectural Style: Contemporary
Materials
  • Painted, Siding, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 1986
Details
  • Builder: Tradewinds

Community & HOA

Community
  • Subdivision: Westbrook
  • Features: Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Near Light Rail Stop, Near Bus Stop, Biking/Walking Path, Clubhouse
HOA
  • Has HOA: Yes
  • HOA Name: Westbrook Townhomes
  • HOA Amenities: Unknown
  • HOA Fee: $196.1
  • HOA Frequency: $Monthly
Location
  • Region: Mesa

Financial Details

  • Price per Sqft: $241.42
  • Tax Annual Amount: $460
  • On Market Date: 2025-01-11T16:50:04.000Z
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 $128,683 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $128,683!

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

Loan Breakdown

Assumed Mortgage4.5% Sellers Rate
$99,217
Your Cash:$128,683
Total Purchase Price:$227,900

Assumed vs Traditional Mortgage

Assumed @ 4.5%
$590/mo
Traditional @ 7.5%
$898/mo
You save $308/month ($3,696/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6803559

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-02-21T09:09:12.000Z

© , 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

4.5%
7.15%

Principal & Interest

$590 /mo
$786 /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 $128,683 (56%)
You can enter any amount below - secondary financing will cover the difference if needed.
56%
$

You cover the entire equity of $128,683!

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

Loan Breakdown

Assumed Mortgage4.5% Sellers Rate
$99,217
Your Cash:$128,683
Total Purchase Price:$227,900

Assumed vs Traditional Mortgage

Assumed @ 4.5%
$590/mo
Traditional @ 7.5%
$898/mo
You save $308/month ($3,696/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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