Laura Jewett

Laura Jewett

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Closed

$389,000

($132,242 down)
FHA

7002 W CHERYL Drive, Peoria, AZ 85345

3
2
1,338 sqft
PITI Monthly
$1,550.36 /mo

Listing courtesy of: Sundi Brown, Revinre

Assumed Rate

2.68%
7.15%

Principal & Interest

$1,136 /mo
$1,897 /mo

What's Special

LOCATION
MINUTES AWAY
SHOPPING
DINING
VAULTED CEILINGS
WALK-IN CLOSET
PATIO
CHARMING

Welcome to this charming ranch-style home with an excellent location! Minutes away from shopping, dining, parks, schools, and more. A large front yard with a mature shade tree, a 2-car garage, an RV gate, and an extended driveway will greet you upon arrival. The immaculate interior impresses you with a desirable open-concept design featuring vaulted ceilings, freshly painted walls, and rich wood-style flooring. The kitchen is fully equipped with ample counter space, recessed lighting, lovely wood cabinetry, and a walk-in pantry. The main bedroom is a sanctuary, boasting a private bathroom and a walk-in closet. Host fun activities in the large backyard that comes with a covered patio and a storage shed! Don't let this one get away. Act now!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.68
Remaining Loan Term
25 years, 10 months
Monthly PITI
$1,550.36/mo
Estimated Loan Balance
$271,360
Cash to close
$132,242
Interest Paid
$29,915

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Slump Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Block
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: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Stucco, Slump Block
  • Roof: Composition
Condition
  • Year Built: 1982
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: PIONEER VILLAGE
  • Features: Near Bus Stop
HOA
  • Has HOA: No
Location
  • Region: Peoria

Financial Details

  • Price per Sqft: $290.73
  • Tax Annual Amount: $785
  • On Market Date: 2024-11-01T01:00:02.000Z
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 $132,242 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $132,242!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$256,758
Your Cash$132,242
Total Purchase Price:$389,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$1,136/mo
Traditional @ 7.5%
$1,967/mo
You save $831/month ($9,976/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6778361

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-02-19T09:08:33.000Z

© , 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

2.68%
7.15%

Principal & Interest

$1,136 /mo
$1,897 /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 $132,242 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $132,242!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$256,758
Your Cash$132,242
Total Purchase Price:$389,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$1,136/mo
Traditional @ 7.5%
$1,967/mo
You save $831/month ($9,976/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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