Laura Jewett

Laura Jewett

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Closed

$375,000

($225,204 down)
FHA

5185 W DESERT HILLS Drive, Glendale, AZ 85304

2
2
1,174 sqft
PITI Monthly
$1,531.63 /mo

Listing courtesy of: Brett Dempsey, Realty ONE Group

Assumed Rate

5%
7.15%

Principal & Interest

$1,155 /mo
$1,453 /mo

What's Special

GREAT CURB APPEAL
MOVE-IN READY
WALK-IN CLOSET
PATIO

Discover the charm of this lovely single-story home in the esteemed Glendale La Paloma! Great curb appeal, well-maintained front yard, shade tree, stone detailing, & 2-car garage w/extended driveway & attached cabinets for extra storage. Be greeted by an inviting living room adorned with plush carpeting, high ceilings, a decorative ceiling fan, shutters, soothing paint, & sizable den. The eat-in kitchen includes built-in appliances, recessed lighting, ample wood cabinetry, a breakfast bar, & backyard access. Continue into the primary retreat, featuring a private bathroom & a walk-in closet. Out the back, a covered patio w/extended pergola is perfect for savoring morning coffees or afternoon relaxation. Hurry! It's move-in ready!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5
Remaining Loan Term
14 years, 10 months
Monthly PITI
$1,531.63/mo
Estimated Loan Balance
$156,999
Cash to close
$225,204
Interest Paid
$139,995

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
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: Santa Barbara/Tuscan
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2003
Details
  • Builder: Scott Homes

Community & HOA

Community
  • Subdivision: LA PALOMA
  • Features: Gated Community, Community Pool, Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Glendale La Paloma
  • HOA Amenities: Unknown
  • HOA Fee: $139
  • HOA Frequency: $Monthly
Location
  • Region: Glendale

Financial Details

  • Price per Sqft: $319.42
  • Tax Annual Amount: $893
  • On Market Date: 2024-07-18T22:10:08.000Z
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 $225,204 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $225,204!

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

Loan Breakdown

Assumed Mortgage5% Sellers Rate
$149,796
Your Cash:$225,204
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 5%
$1,155/mo
Traditional @ 7.5%
$1,507/mo
You save $352/month ($4,228/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6733041

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-10-12T09:00:31.000Z

© , 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

5%
7.15%

Principal & Interest

$1,155 /mo
$1,453 /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 $225,204 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $225,204!

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

Loan Breakdown

Assumed Mortgage5% Sellers Rate
$149,796
Your Cash:$225,204
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 5%
$1,155/mo
Traditional @ 7.5%
$1,507/mo
You save $352/month ($4,228/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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