Laura Jewett

Laura Jewett

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Closed

$349,000

($168,058 down)
FHA

5350 E DEER VALLEY Drive UNIT 4423, Phoenix, AZ 85054

1
1
894 sqft
PITI Monthly
$1,957.15 /mo

Listing courtesy of: Amy Kathryn Koch, The Brokery

Assumed Rate

5%
7.15%

Principal & Interest

$1,447 /mo
$1,821 /mo

What's Special

LOCATION
LUXURY
STAINLESS STEEL APPLIANCES
FIREPLACE

Resort Style Living awaits This unit is a rare opportunity to own a top floor unit FEATURING EXTRA WINDOW FOR NATURAL LIGHT, mountain and pool views. A one of a kind 1 bedroom , 1 bathroom that has an oversized den with a door, that can be easily used as a bedroom. 2022 NEW AC UNIT, HUGE FOR THE NEW BUYER. Once you enter the unit a large hallway ,vaulted ceiling and beautiful natural light greet you. Upgrades are endless and designer touches throughout. Oversized Landry room providing lots of storage, Stainless steel appliances, large bathroom including a soaker tub. Another special touch that not all units have is a gas fireplace. Toscana features elevator access to secured parking, huge bonus for this unit the parking space is just to the left of the elevators Toscana is a luxury community tucked behind a 24-hour guard gate with 3 resort pools, 2 state of the art, work out facilities, your own personal concierge and lifestyle director. City North and High Street directly across the street. Walking distance to Desert Ridge Marketplace, JW Marriot resort and golf courses. Minute away from the Mayo hospital. The perfect location for all your enjoyment and convenience.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5
Remaining Loan Term
13 years, 9 months
Monthly PITI
$1,957.15/mo
Estimated Loan Balance
$183,686
Cash to close
$168,058
Interest Paid
$185,046

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Metal
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Foam, Rolled/Hot Mop
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: Yes
  • Carport Spaces: 1
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 4
  • Home type: Apartment Style/Flat
  • Architectural Style: Santa Barbara/Tuscan, Territorial/Santa Fe
Materials
  • Painted, Stucco, Frame - Metal
  • Roof: Foam, Rolled/Hot Mop
Condition
  • Year Built: 2008
Details
  • Builder: Statesman

Community & HOA

Community
  • Subdivision: TOSCANA AT DESERT RIDGE CONDOMINIUM 2ND AMD
  • Features: Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Community Media Room, Guarded Entry, Concierge, Biking/Walking Path, Clubhouse, Fitness Center
HOA
  • Has HOA: Yes
  • HOA Name: Toscana
  • HOA Amenities: Unknown
  • HOA Fee: $494
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $390.38
  • Tax Annual Amount: $2028
  • On Market Date: 2024-07-04T07:11:10.000Z
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 $168,058 (48%)
You can enter any amount below - secondary financing will cover the difference if needed.
48%
$

You cover the entire equity of $168,058!

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

Loan Breakdown

Assumed Mortgage5% Sellers Rate
$180,942
Your Cash$168,058
Total Purchase Price:$349,000

Assumed vs Traditional Mortgage

Assumed @ 5%
$1,447/mo
Traditional @ 7.5%
$1,889/mo
You save $441/month ($5,298/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6633015

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-04-03T15:56:32.000Z

© , 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

$1,447 /mo
$1,821 /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 $168,058 (48%)
You can enter any amount below - secondary financing will cover the difference if needed.
48%
$

You cover the entire equity of $168,058!

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

Loan Breakdown

Assumed Mortgage5% Sellers Rate
$180,942
Your Cash$168,058
Total Purchase Price:$349,000

Assumed vs Traditional Mortgage

Assumed @ 5%
$1,447/mo
Traditional @ 7.5%
$1,889/mo
You save $441/month ($5,298/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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