Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$425,000

($364,434 down)
FHA

5415 E MCKELLIPS Road UNIT 109, Mesa, AZ 85215

3
3
1,686 sqft
PITI Monthly
$1,199.08 /mo

Listing courtesy of: Saiber A Soland, Realty ONE Group

Assumed Rate

4.96%
7.15%

Principal & Interest

$793 /mo
$1,002 /mo

What's Special

SPACIOUS
WALK-IN CLOSET
COMMUNITY POOL
CHARMING
COZY
INVESTMENT OPPORTUNITY
FULLY FURNISHED

Seize this fantastic investment opportunity! This charming 3-bedroom, 2.5-bath townhome in Desert Springs at Alta Mesa is now available. Enjoy delightful living spaces, including a cozy living room and an upstairs loft, plus a kitchen with built-in appliances. The primary bedroom features a spacious bathroom and walk-in closet. Currently a successful Airbnb Superhost for 15 years, the account can be transferred. The property complies with HOA rules requiring 30-day minimum rentals. Professionally cleaned biweekly, it comes fully furnished for immediate use or rental potential. Recent upgrades include a new AC unit (14 months) with a 10-year extended warranty and a new water heater (12 months). The community pool is heated in winter.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.96
Remaining Loan Term
7 years, 2 months
Monthly PITI
$1,199.08/mo
Estimated Loan Balance
$61,106
Cash to close
$364,434
Interest Paid
$126,142

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring:

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: 2
  • Home type: Townhouse
  • Architectural Style: Contemporary
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2002
Details
  • Builder: Highland

Community & HOA

Community
  • Subdivision: DESERT SPRINGS AT ALTA MESA
  • Features: Gated Community, Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Guarded Entry, Playground
HOA
  • Has HOA: Yes
  • HOA Name: Desert Springs
  • HOA Amenities: Unknown
  • HOA Fee: $254
  • HOA Frequency: $Monthly
Location
  • Region: Mesa

Financial Details

  • Price per Sqft: $252.08
  • Tax Annual Amount: $1815
  • On Market Date: 2024-09-22T15:30:02.000Z
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 $364,434 (86%)
You can enter any amount below - secondary financing will cover the difference if needed.
86%
$

You cover the entire equity of $364,434!

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

Loan Breakdown

Assumed Mortgage4.96% Sellers Rate
$60,566
Your Cash:$364,434
Total Purchase Price:$425,000

Assumed vs Traditional Mortgage

Assumed @ 4.96%
$793/mo
Traditional @ 7.5%
$1,039/mo
You save $247/month ($2,959/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6760875

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-11-19T09:07:29.000Z

© , 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

4.96%
7.15%

Principal & Interest

$793 /mo
$1,002 /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 $364,434 (86%)
You can enter any amount below - secondary financing will cover the difference if needed.
86%
$

You cover the entire equity of $364,434!

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

Loan Breakdown

Assumed Mortgage4.96% Sellers Rate
$60,566
Your Cash:$364,434
Total Purchase Price:$425,000

Assumed vs Traditional Mortgage

Assumed @ 4.96%
$793/mo
Traditional @ 7.5%
$1,039/mo
You save $247/month ($2,959/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.