Laura Jewett

Laura Jewett

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Closed

$500,000

($108,005 down)
FHA

7036 W EAGLE RIDGE Lane, Peoria, AZ 85383

4
3
1,818 sqft
PITI Monthly
$3,060.89 /mo

Listing courtesy of: Shane W Peterlin, Century 21 Seago

Assumed Rate

6.71%
7.15%

Principal & Interest

$2,550 /mo
$2,666 /mo

What's Special

SERENE
WALKING TRAILS
MOUNTAIN VIEWS

Welcome to the beautiful community of Sonoran Mountain Ranch, this stunning home in the picturesque neighborhood of Peoria. This single level gem features four bedrooms plus a den, offering ample space for a growing family or those who love to entertain. With three bathrooms, convenience and comfort are ensured. The home is highlighted by the abundant natural light through the large windows, creating a bright and airy atmosphere throughout. Surrounding the property are mesmerizing Mountain Views, providing a serene and picturesque backdrop. Additionally, the neighborhood boasts an extensive network of walking trails and paths. outdoor enthusiasts and those seeking an active lifestyle. Do not miss out on this incredible opportunity to call Sonoran Mountain Ranch home.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.71
Remaining Loan Term
28 years, 4 months
Monthly PITI
$3,060.89/mo
Estimated Loan Balance
$392,706
Cash to close
$108,005
Interest Paid
$43,774

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Natural Gas
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile, Wood

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
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, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2006
Details
  • Builder: STANDARD PACIFIC HOMES

Community & HOA

Community
  • Subdivision: SONORAN MOUNTAIN RANCH PARCEL 5
  • Features: Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Sonoran Mtn Ranch
  • HOA Amenities: Unknown
  • HOA Fee: $125
  • HOA Frequency: $Quarterly
Location
  • Region: Peoria

Financial Details

  • Price per Sqft: $275.03
  • Tax Annual Amount: $1958
  • On Market Date: 2024-02-08T00:00:00.000Z
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 $108,005 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $108,005!

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

Loan Breakdown

Assumed Mortgage6.71% Sellers Rate
$391,995
Your Cash$108,005
Total Purchase Price:$500,000

Assumed vs Traditional Mortgage

Assumed @ 6.71%
$2,550/mo
Traditional @ 7.5%
$2,766/mo
You save $216/month ($2,589/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6659868

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-04-26T17:00:14.000Z

© , 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

6.71%
7.15%

Principal & Interest

$2,550 /mo
$2,666 /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 $108,005 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $108,005!

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

Loan Breakdown

Assumed Mortgage6.71% Sellers Rate
$391,995
Your Cash$108,005
Total Purchase Price:$500,000

Assumed vs Traditional Mortgage

Assumed @ 6.71%
$2,550/mo
Traditional @ 7.5%
$2,766/mo
You save $216/month ($2,589/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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