Laura Jewett

Laura Jewett

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Closed

$408,000

($135,586 down)
FHA

7121 W ZAK Road, Phoenix, AZ 85043

4
2
1,580 sqft
PITI Monthly
$1,740.96 /mo

Listing courtesy of: Breanna Nichole Roberts, Compass

Assumed Rate

2.84%
7.15%

Principal & Interest

$1,277 /mo
$2,089 /mo

What's Special

LOCATION
SPACIOUS
MODERN

Welcome to your dream home in Phoenix! This home can be purchased with an assumable mortgage with an interest rate of 3.50% .This meticulously cared-for gem features 4 spacious bedrooms and 2 modern bathrooms, offering comfort and style. The inviting layout includes a large living area perfect for relaxing or entertaining. Step outside to a fantastic backyard designed for enjoyment, ideal for gatherings and outdoor fun. Located just minutes from Loop 202, you'll appreciate the convenience of quick access to all parts of the valley. Whether you're hosting friends or unwinding after a long day, this home combines function with charm in a prime location.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.84
Remaining Loan Term
26 years, 6 months
Monthly PITI
$1,740.96/mo
Estimated Loan Balance
$297,414
Cash to close
$135,586
Interest Paid
$29,596

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
Features
  • Materials: Synthetic Stucco, Wood Frame, Painted, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

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 Residence
  • Architectural Style:
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco
  • Roof: Tile
Condition
  • Year Built: 2000
Details
  • Builder: CENTEX HOMES

Community & HOA

Community
  • Subdivision: VALLE ELDORADO
  • Features:
HOA
  • Has HOA: Yes
  • HOA Name: VALLE EL DORADO HOA
  • HOA Amenities: Unknown
  • HOA Fee: $60
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $258.23
  • Tax Annual Amount: $1133
  • On Market Date: 2024-08-09T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $135,586 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $135,586!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$272,414
Your Cash$135,586
Total Purchase Price:$408,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,277/mo
Traditional @ 7.5%
$2,167/mo
You save $889/month ($10,673/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6739808

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-19T18:05:20.000Z

© , 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

$1,277 /mo
$2,089 /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 $135,586 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $135,586!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$272,414
Your Cash$135,586
Total Purchase Price:$408,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,277/mo
Traditional @ 7.5%
$2,167/mo
You save $889/month ($10,673/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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