Laura Jewett

Laura Jewett

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Closed

$294,000

($49,144 down)
FHA

6348 N 7TH Avenue UNIT 5, Phoenix, AZ 85013

2
2
1,024 sqft
PITI Monthly
$1,475.82 /mo

Listing courtesy of: Carin S Nguyen, Real Broker

Assumed Rate

2.84%
7.15%

Principal & Interest

$1,054 /mo
$1,724 /mo

What's Special

LOCATION
SPACIOUS
RENOVATED
STAINLESS STEEL APPLIANCES
PATIO

Welcome home to this trendy, updated 2 bedroom, 2 bathroom condo in convenient central location, close to schools, parks, and more! This two-story unit is bright and airy throughout the main level. You will absolutely love the wood-look floors that flow into the kitchen. There you will find stylish granite counters, subway tile backsplash, ample white cabinetry, and stainless steel appliances. Enjoy a cup of coffee on your private patio before heading upstairs to your two spacious bedrooms with private, renovated bathroom. Complex features private pool and patio area for entertaining.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.84
Remaining Loan Term
26 years, 6 months
Monthly PITI
$1,475.82/mo
Estimated Loan Balance
$246,551
Cash to close
$49,144
Interest Paid
$24,429

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Synthetic Stucco, Painted, Stucco, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Built-Up
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: 2
  • Home type: Townhouse
  • Architectural Style: Contemporary
Materials
  • Synthetic Stucco, Painted, Stucco, Block
  • Roof: Built-Up
Condition
  • Year Built: 1975
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: RIVIERA WEST
  • Features: Community Pool
HOA
  • Has HOA: Yes
  • HOA Name: Riviera Twenty
  • HOA Amenities: Unknown
  • HOA Fee: $275
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $287.11
  • Tax Annual Amount: $1087
  • On Market Date: 2024-07-04T08:38:14.000Z
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 $49,144 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $49,144!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$244,856
Your Cash$49,144
Total Purchase Price:$294,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,054/mo
Traditional @ 7.5%
$1,789/mo
You save $734/month ($8,809/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6724452

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-09-01T02:44:01.000Z

© , 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

2.84%
7.15%

Principal & Interest

$1,054 /mo
$1,724 /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 $49,144 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $49,144!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$244,856
Your Cash$49,144
Total Purchase Price:$294,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,054/mo
Traditional @ 7.5%
$1,789/mo
You save $734/month ($8,809/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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