Laura Jewett

Laura Jewett

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

$520,000

($321,713 down)
FHA

5520 N 5TH Lane, Phoenix, AZ 85013

2
2
1,688 sqft
PITI Monthly
$1,726.59 /mo

Listing courtesy of: Jill Stadum, My Home Group Real Estate

Assumed Rate

4.05%
7.15%

Principal & Interest

$1,179 /mo
$1,657 /mo

What's Special

SPACIOUS
STAINLESS STEEL APPLIANCES
BREAKFAST NOOK
FIREPLACE
VAULTED CEILINGS
WALK-IN CLOSET
PATIO
COMMUNITY POOL

Check out this single-story, 2-bedroom townhome situated in La Colonia Solana! This East/West facing property offers a car garage and carport parking. Inside, the bright & airy living room features wood-look tile flooring, picture windows, vaulted ceilings with exposed beams, and a floor-to-ceiling stone fireplace that adds warmth and charm to any get-together. Spacious eat-in kitchen displays stainless steel appliances, quartz counters, recessed lighting, subway tile backsplash, plenty of cabinets & cupboards, and a breakfast nook. Continue onto the large main bedroom to find plush carpet, direct outdoor access, crown moulding, an ensuite, and a walk-in closet. Enjoy a refreshing drink under the covered patio or plunge into the Community pool and forget about the warm weather. Hurry!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.05
Remaining Loan Term
20 years, 5 months
Monthly PITI
$1,726.59/mo
Estimated Loan Balance
$325,307
Cash to close
$321,713
Interest Paid
$86,398

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas
Features
  • Materials: Painted, Stucco, Block, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Living Room
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Built-Up
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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: Townhouse
  • Architectural Style: Ranch
Materials
  • Painted, Stucco, Block, Frame - Wood
  • Roof: Built-Up
Condition
  • Year Built: 1972
Details
  • Builder: Busby

Community & HOA

Community
  • Subdivision: La Colonia Solana
  • Features: Community Pool, Near Light Rail Stop
HOA
  • Has HOA: Yes
  • HOA Name: La Colonia Solana
  • HOA Amenities: Unknown
  • HOA Fee: $210
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $308.06
  • Tax Annual Amount: $2491
  • On Market Date: 2024-12-11T15:40:07.000Z
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 $321,713 (62%)
You can enter any amount below - secondary financing will cover the difference if needed.
62%
$

You cover the entire equity of $321,713!

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

Loan Breakdown

Assumed Mortgage4.05% Sellers Rate
$198,287
Your Cash:$321,713
Total Purchase Price:$520,000

Assumed vs Traditional Mortgage

Assumed @ 4.05%
$1,179/mo
Traditional @ 7.5%
$1,719/mo
You save $541/month ($6,486/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6793191

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-02-20T02:18:33.000Z

© , 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

4.05%
7.15%

Principal & Interest

$1,179 /mo
$1,657 /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 $321,713 (62%)
You can enter any amount below - secondary financing will cover the difference if needed.
62%
$

You cover the entire equity of $321,713!

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

Loan Breakdown

Assumed Mortgage4.05% Sellers Rate
$198,287
Your Cash:$321,713
Total Purchase Price:$520,000

Assumed vs Traditional Mortgage

Assumed @ 4.05%
$1,179/mo
Traditional @ 7.5%
$1,719/mo
You save $541/month ($6,486/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.