Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Active

$356,000

($223,280 down)
FHA

6616 N 54TH Drive, Glendale, AZ 85301

3
2
1,567 sqft
PITI Monthly
$937.87 /mo

Listing courtesy of: M Maggie True, Coldwell Banker Realty

Assumed Rate

2.68%
7.15%

Principal & Interest

$591 /mo
$987 /mo

What's Special

SPACIOUS
PRIVATE BACKYARD
HISTORIC
CHARMING
RENTAL INCOME

Don't miss this charming and versatile historic gem in Old Town Glendale—competitively priced for incredible value! Originally a multi-family residence, it's now a spacious 3-bed, 2-bath home with two full kitchens, offering endless possibilities. Easily convert it back into a 2-bed/1-bath + 1-bed/1-bath with separate entrances—perfect for rental income or multi-generational living. Just minutes from quaint shops, cafés, and transit, this home also features a private backyard with a powered workshop, storage shed, and RV gate, plus a welcoming front porch and spacious driveway. A rare opportunity you must see to appreciate!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.68
Remaining Loan Term
25 years, 10 months
Monthly PITI
$937.87/mo
Estimated Loan Balance
$133,307
Cash to close
$223,280
Interest Paid
$15,566

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas, Ceiling
Features
  • Materials: Synthetic Stucco, Wood Frame, Stucco, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Linoleum, Vinyl

Exterior

Fencing
  • Fencing: Wood
Roof
  • Roof: Composition, Rolled/Hot Mop
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
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: Ranch
Materials
  • Synthetic Stucco, Wood Frame, Stucco, Block
  • Roof: Composition, Rolled/Hot Mop
Condition
  • Year Built: 1949
Details
  • Builder: N/A

Community & HOA

Community
  • Subdivision: SUGAR ADD BLKS 7-12 & 16
  • Features: Near Bus Stop
HOA
  • Has HOA: No
Location
  • Region: Glendale

Financial Details

  • Price per Sqft: $227.19
  • Tax Annual Amount: $1119
  • On Market Date: 2025-01-25T23:20:03.000Z
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 $223,280 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $223,280!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$132,720
Your Cash:$223,280
Total Purchase Price:$356,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$591/mo
Traditional @ 7.5%
$1,024/mo
You save $433/month ($5,191/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6810879

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-30T06:55:32.000Z

© , 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

2.68%
7.15%

Principal & Interest

$591 /mo
$987 /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 $223,280 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $223,280!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$132,720
Your Cash:$223,280
Total Purchase Price:$356,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$591/mo
Traditional @ 7.5%
$1,024/mo
You save $433/month ($5,191/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.