Laura Jewett

Laura Jewett

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Closed

$500,000

($94,216 down)
FHA

5711 W LYDIA Lane, Laveen, AZ 85339

3
2
1,879 sqft
PITI Monthly
$2,974.09 /mo

Listing courtesy of: Fred P Weaver IV, eXp Realty

Assumed Rate

5.22%
7.15%

Principal & Interest

$2,291 /mo
$2,812 /mo

What's Special

LOCATION
GATED COMMUNITY
MOUNTAIN VIEWS

Welcome to your dream oasis within a gated community. This exceptional property boasts a prime location on a corner lot for privacy and tranquility. Step inside and be greeted by an expansive interior with three generously sized rooms, each offering ample space for relaxation and comfort. The master bedroom features a sprawling walk in closet that easily accommodates your wardrobe and more. Outside, indulge in the epitome of leisure with your very own pool, perfect for refreshing dips on warm summer days or luxurious lounging under the sun framed by majestic mountain views. Plus, with a three-car garage, you'll have plenty of room for your vehicles and storage needs. Go see it today and step into a world of privacy and tranquility.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.22
Remaining Loan Term
27 years, 6 months
Monthly PITI
$2,974.09/mo
Estimated Loan Balance
$406,308
Cash to close
$94,216
Interest Paid
$53,383

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Synthetic Stucco, Wood Frame, Painted, Stucco, Stone
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block, Wrought Iron
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces: 3
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco, Stone
  • Roof: Tile
Condition
  • Year Built: 2003
Details
  • Builder: HACIENDA BUILDERS

Community & HOA

Community
  • Subdivision: COTTONFIELDS COMMUNITY REPLAT
  • Features: Lake, Gated, Near Bus Stop, Golf, Playground, Biking/Walking Path, Clubhouse
HOA
  • Has HOA: Yes
  • HOA Name: Cottonfields
  • HOA Amenities: Unknown
  • HOA Fee: $249.26
  • HOA Frequency: $Quarterly
Location
  • Region: Laveen

Financial Details

  • Price per Sqft: $266.1
  • Tax Annual Amount: $2656
  • On Market Date: 2024-07-04T08:30:41.000Z
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 $94,216 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $94,216!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$405,785
Your Cash$94,216
Total Purchase Price:$500,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$2,291/mo
Traditional @ 7.5%
$2,917/mo
You save $625/month ($7,506/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6684732

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-09-10T15:09:48.000Z

© , 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

5.22%
7.15%

Principal & Interest

$2,291 /mo
$2,812 /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 $94,216 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $94,216!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$405,785
Your Cash$94,216
Total Purchase Price:$500,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$2,291/mo
Traditional @ 7.5%
$2,917/mo
You save $625/month ($7,506/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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