Laura Jewett

Laura Jewett

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Closed

$410,000

($186,824 down)
FHA

7350 N VIA PASEO DEL SUR -- UNIT M204, Scottsdale, AZ 85258

2
2
1,044 sqft
PITI Monthly
$1,411.95 /mo

Listing courtesy of: Kyle Ryan, DeLex Realty

Assumed Rate

2.89%
7.15%

Principal & Interest

$1,020 /mo
$1,658 /mo

What's Special

REMODELED
LOCATION
SERENE
MODERN
STAINLESS STEEL APPLIANCES
VAULTED CEILINGS

Nestled in the heart of McCormick Ranch, this beautifully updated two-bedroom, two-bath condo offers the perfect blend of comfort and convenience. Recently remodeled bathrooms, brand-new flooring, and soaring vaulted ceilings create a modern and inviting space. The second-floor location provides stunning views of a serene fountain, complete with soothing sounds that enhance the tranquil ambiance. The kitchen boasts sleek stainless steel appliances, while the generously sized bedrooms ensure plenty of room to relax. Enjoy a resort-style lifestyle with community amenities, including a pool, spa, gym, and office/rec center, all surrounded by swaying palm trees and sunny skies. Whether you're looking for a full-time residence, a seasonal getaway, or a smart rental investment, this is it!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.89
Remaining Loan Term
25 years, 7 months
Monthly PITI
$1,411.95/mo
Estimated Loan Balance
$225,096
Cash to close
$186,824
Interest Paid
$29,848

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl, Tile

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Tile, Foam
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: Apartment Style/Flat
  • Architectural Style: Contemporary
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile, Foam
Condition
  • Year Built: 1975
Details
  • Builder: UNK

Community & HOA

Community
  • Subdivision: McCormick Place South
  • Features: Community Spa Htd, Community Pool Htd, Community Media Room, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse
HOA
  • Has HOA: Yes
  • HOA Name: Monaco South Condos
  • HOA Amenities: Unknown
  • HOA Fee: $498.4
  • HOA Frequency: $Monthly
Location
  • Region: Scottsdale

Financial Details

  • Price per Sqft: $392.72
  • Tax Annual Amount: $812
  • On Market Date: 2024-12-17T00:00:00.000Z
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 $186,824 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $186,824!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$223,176
Your Cash$186,824
Total Purchase Price:$410,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,020/mo
Traditional @ 7.5%
$1,720/mo
You save $699/month ($8,392/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6791276

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-02-19T23:29:11.000Z

© , 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

2.89%
7.15%

Principal & Interest

$1,020 /mo
$1,658 /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 $186,824 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $186,824!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$223,176
Your Cash$186,824
Total Purchase Price:$410,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,020/mo
Traditional @ 7.5%
$1,720/mo
You save $699/month ($8,392/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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