Laura Jewett

Laura Jewett

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$449,900

($85,818 down)
FHA

5637 S 29TH Place, Phoenix, AZ 85040

4
2
1,744 sqft
PITI Monthly
$2,350.59 /mo

Listing courtesy of: Sara Dietz, Compass

Assumed Rate

3.45%
7.15%

Principal & Interest

$1,725 /mo
$2,611 /mo

What's Special

GATED COMMUNITY
DINING
SPACIOUS
GRANITE COUNTERTOPS
WALK-IN CLOSET
PATIO
CHARMING
COZY
AFFORDABLE

This beautifully located home qualifies for a lender credit to buyers to help reduce your interest rate and monthly payment (with qualification). Don't miss out on making homeownership more affordable—ask for details! Assumable 4% FHA Mortgage! Welcome to this Charming 4-Bedroom Home in a Gated Community! This north / south facing home is located in a gated community with three parks, a children's play area, and a dog park, this home offers both comfort and convenience. Inside, the stylish kitchen features granite countertops, a spacious island, white cabinetry, a filtered water system, and a water softener. The open-concept design flows seamlessly into the living and dining areas, with faux wood blinds and ceiling fans throughout. Both the primary and guest bathrooms boast dual sinks for added convenience. Plus primary has large walk-in closet. Enjoy easy maintenance with tile flooring in main areas and cozy carpet in the bedrooms. The home also includes a tankless water heater and a two-car garage for ample storage. Step outside to a beautifully designed backyard with installed turf (2019) and a covered patioperfect for outdoor relaxation and entertaining. Don't miss out on this fantastic opportunity!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.45
Remaining Loan Term
27 years, 0 months
Monthly PITI
$2,350.59/mo
Estimated Loan Balance
$364,758
Cash to close
$85,818
Interest Paid
$38,869

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Synthetic Stucco, Wood Frame, Stucco
  • 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 Residence
  • Architectural Style: Santa Barbara/Tuscan
Materials
  • Synthetic Stucco, Wood Frame, Stucco
  • Roof: Tile
Condition
  • Year Built: 2018
Details
  • Builder: CAATLANTIC HOMES

Community & HOA

Community
  • Subdivision: SOUTHERN ENCLAVE
  • Features: Gated, Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Southern Enclave HOA
  • HOA Amenities: Unknown
  • HOA Fee: $140
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $257.97
  • Tax Annual Amount: $2215
  • On Market Date: 2025-02-17T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $85,818 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $85,818!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$364,082
Your Cash$85,818
Total Purchase Price:$449,900

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,725/mo
Traditional @ 7.5%
$2,709/mo
You save $983/month ($11,800/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6819384

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-16T06:57:38.000Z

© , 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

3.45%
7.15%

Principal & Interest

$1,725 /mo
$2,611 /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 $85,818 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $85,818!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$364,082
Your Cash$85,818
Total Purchase Price:$449,900

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,725/mo
Traditional @ 7.5%
$2,709/mo
You save $983/month ($11,800/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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