Laura Jewett

Laura Jewett

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Closed

$399,000

($289,578 down)
VA

5655 S MONTEZUMA Street, Phoenix, AZ 85041

3
2
2,137 sqft
PITI Monthly
$953.44 /mo

Listing courtesy of: Daniel Stine, Realty ONE Group

Assumed Rate

4.87%
7.15%

Principal & Interest

$635 /mo
$810 /mo

What's Special

REMODELED
DINING
PUBLIC TRANSPORTATION
NO HOA

Welcome to your country oasis in the heart of Southland! Bring your horses and toys to this 29,774 sq ft irrigated lot with no HOA. There is a 2,137 sq ft handicap accessible home built in 2000 with 2 bedroom, 2 bathrooms, a formal dining room (or third bedroom), a private office, and an added on multipurpose room. The kitchen has been fully remodeled with new granite, fixtures, and flooring. The roof was replaced in 2011 with 30-year shingles, the A/C was replaced in 2020, and flooring through the house has been upgraded. Next to the home is a detached 2 car garage with a shop and a storage room with a separate entrance. A new Tuff Shed was recently added. The yard is open with citrus trees and grass. This unique property is close to public transportation and downtown Phoenix.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.87
Remaining Loan Term
23 years, 10 months
Monthly PITI
$953.44/mo
Estimated Loan Balance
$109,990
Cash to close
$289,578
Interest Paid
$34,249

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Siding, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Chain Link
Roof
  • Roof: Composition
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: Mfg/Mobile Housing
  • Architectural Style: Ranch
Materials
  • Siding, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 2000
Details
  • Builder: Fleetwood

Community & HOA

Community
  • Subdivision: None
  • Features: Near Light Rail Stop, Near Bus Stop
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $186.71
  • Tax Annual Amount: $2025
  • On Market Date: 2024-07-04T08:27:51.000Z
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 $289,578 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $289,578!

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

Loan Breakdown

Assumed Mortgage4.87% Sellers Rate
$109,422
Your Cash:$289,578
Total Purchase Price:$399,000

Assumed vs Traditional Mortgage

Assumed @ 4.87%
$635/mo
Traditional @ 7.5%
$841/mo
You save $206/month ($2,472/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6647241

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-06-26T15:34:41.000Z

© , 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

4.87%
7.15%

Principal & Interest

$635 /mo
$810 /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 $289,578 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $289,578!

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

Loan Breakdown

Assumed Mortgage4.87% Sellers Rate
$109,422
Your Cash:$289,578
Total Purchase Price:$399,000

Assumed vs Traditional Mortgage

Assumed @ 4.87%
$635/mo
Traditional @ 7.5%
$841/mo
You save $206/month ($2,472/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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