Laura Jewett

Laura Jewett

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Closed

$570,000

($295,944 down)
VA

531 W Silver Creek Road, Gilbert, AZ 85233

4
3
2,020 sqft
PITI Monthly
$1,589.04 /mo

Listing courtesy of: Sandy Stabler, DPR Realty LLC

Assumed Rate

2.83%
7.15%

Principal & Interest

$1,239 /mo
$2,029 /mo

What's Special

REMODELED
CHARMING

ATTENTION: *Potentially* assumable 2.25% VA loan, restrictions apply, must qualify. Nestled in the desirable Madera Park neighborhood, this beautifully remodeled 2 story home offers style and space. This residence offers a thoughtful floorplan including a charming coffee bar and private space under the stairs for littles or pets. Samsung washer/dryer set conveys and features a deep folding shelf of stylish granite. Kitchen equipped with LG fridge, Samsung electric cooktop/oven and built-in micro. Backyard will welcome you all year round with a majestic ficus tree, sandbox play area, a sun-sail over the pebble-tec pool, and there are even producing grape vines! MUST SEE this one ASAP!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.83
Remaining Loan Term
25 years, 9 months
Monthly PITI
$1,589.04/mo
Estimated Loan Balance
$275,826
Cash to close
$295,944
Interest Paid
$34,472

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration
  • 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: 3
  • Carport: Yes
  • Carport Spaces: 3
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Private

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family - Detached
  • Architectural Style:
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 1993
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: MADERA PARC
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $282.18
  • Tax Annual Amount: $2199
  • On Market Date: 2024-11-15T00:00:00.000Z
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 $295,944 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $295,944!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$274,056
Your Cash:$295,944
Total Purchase Price:$570,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$1,239/mo
Traditional @ 7.5%
$2,105/mo
You save $865/month ($10,385/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6783620

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-12-13T19:32:43.000Z

© , 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

2.83%
7.15%

Principal & Interest

$1,239 /mo
$2,029 /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 $295,944 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $295,944!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$274,056
Your Cash:$295,944
Total Purchase Price:$570,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$1,239/mo
Traditional @ 7.5%
$2,105/mo
You save $865/month ($10,385/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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