Laura Jewett

Laura Jewett

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Closed

$193,000

($90,366 down)
FHA

5735 E McDowell Road UNIT 266, Mesa, AZ 85215

1
2
779 sqft
PITI Monthly
$859.52 /mo

Listing courtesy of: Nicole L Williams, My Home Group Real Estate

Assumed Rate

3.59%
7.15%

Principal & Interest

$579 /mo
$861 /mo

What's Special

GATED COMMUNITY
SHOPPING
PATIO
CLUBHOUSE

55 plus gated community and you own your land. This home offers a large updated kitchen, laminate and tile flooring throughout the main areas of the home. large laundry room with a ton of storage through out the home that includes a walk in closet. Off of the bedroom is an additional room that can be used as an office, den or craft/sewing room. On the side of the house is a nice enclosed latus patio to enjoy your morning coffee or entertain family and friends. Great community with a heated pool/spa, tennis, pickleball, basketball, shuffleboard, billiards, putting green, common areas and clubhouse with many amenities and community events. Community is near, golfing, hiking, shopping, restaurants, hospitals and the US 60 and Red Mountains 202 for easy access around the valley,

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.59
Remaining Loan Term
20 years, 1 months
Monthly PITI
$859.52/mo
Estimated Loan Balance
$103,445
Cash to close
$90,366
Interest Paid
$40,713

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Painted, Siding, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 1
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: Unknown
Materials
  • Painted, Siding, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 1985
Details
  • Builder: Palm Harbor

Community & HOA

Community
  • Subdivision: Wells
  • Features: Gated Community, Pickleball Court(s), Community Spa Htd, Community Pool Htd, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
HOA
  • Has HOA: Yes
  • HOA Name: The Wells
  • HOA Amenities: Unknown
  • HOA Fee: $136
  • HOA Frequency: $Monthly
Location
  • Region: Mesa

Financial Details

  • Price per Sqft: $247.75
  • Tax Annual Amount: $483
  • On Market Date: 2024-07-04T08:33:55.000Z
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 $90,366 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $90,366!

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

Loan Breakdown

Assumed Mortgage3.59% Sellers Rate
$102,634
Your Cash$90,366
Total Purchase Price:$193,000

Assumed vs Traditional Mortgage

Assumed @ 3.59%
$579/mo
Traditional @ 7.5%
$893/mo
You save $314/month ($3,771/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6643814

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-07-01T09:00:33.000Z

© , 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

3.59%
7.15%

Principal & Interest

$579 /mo
$861 /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 $90,366 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $90,366!

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

Loan Breakdown

Assumed Mortgage3.59% Sellers Rate
$102,634
Your Cash$90,366
Total Purchase Price:$193,000

Assumed vs Traditional Mortgage

Assumed @ 3.59%
$579/mo
Traditional @ 7.5%
$893/mo
You save $314/month ($3,771/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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