Laura Jewett

Laura Jewett

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Closed

$710,000

($482,824 down)
FHA

745 N MESA Drive, Mesa, AZ 85201

3
2
1,950 sqft
PITI Monthly
$1,753.34 /mo

Listing courtesy of: Amethyst Hinton Sainz, Nexthome Complete Realty

Assumed Rate

3.61%
7.15%

Principal & Interest

$1,242 /mo
$1,843 /mo

What's Special

DINING
SPACIOUS
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
FIREPLACE
FINISHED BASEMENT
HISTORIC
CHARMING
COZY

Feel at home in your little slice of Mesa history! The 3BR 2BA 1919 craftsman style home is complemented by two guesthouses to offer a variety of living or rental arrangements. The spacious lot offers ample parking, an open back yard, and additional spaces such as a chicken enclosure, custom coop, a raised bed garden with watering system, and asparagus patch. Must see to appreciate fully! The interior of the main house features high ceilings, distinctive original painted wood trim, charming and functional built-in storage, a walk-in pantry, large closets, and lots of natural light characteristic of its roots as a bungalow style home. A rare asset in Mesa, the partially finished basement offers ample additional storage. Fireplace with stone facade and granite hearth and mantle create a cozy craftsman-style living area. Both kitchens feature updated stainless steel appliances, granite countertops and tile backsplashes. The larger guesthouse (approx 750 sq ft) has a full galley kitchen, full size bathroom with tub and shower, stackable washer/dryer, huge bedroom, and a dining/seating area. It also has French doors which lead out into the back yard. The smaller guesthouse ("The Cottage") (230 sq ft) features an expanded step-in shower, cabinets, and a niche designed for a small microwave and refrigerator. All interiors freshly painted. New carpet in bedrooms. Fresh gravel in driveway. A summary of the physical property: Main house: 1950 sq. ft.; Larger guesthouse with full kitchen, bath, stackable laundry: approx 750 sq. ft.; smaller guesthouse with microwave/mini fridge niche and expanded shower: 230 sq. ft. Partial basement is included in the square footage of the main house, but is only partially finished. Total sq.ft. 2,930. The two detached buildings have been on the property since just after its construction (so, likely since the 1920's). We are not sure when some of the space was converted to sleeping/living areas,. The garage was converted to add additional space to the larger of the two in 2017. The work was not permitted. The tax records state that this property was constructed in 1945; however, we have thorough documentation that it is much older, finished in 1919. This property was built by Harry Ellsworth, who moved to Mesa from Show Low so his son could go to high school. The full narrative as shared personally by Harry's grandson Dean, and supported by historical accounts, can be found in the documents in this listing.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.61
Remaining Loan Term
21 years, 3 months
Monthly PITI
$1,753.34/mo
Estimated Loan Balance
$303,206
Cash to close
$482,824
Interest Paid
$78,497

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Natural Gas
Features
  • Materials: Painted, Stucco, Adobe
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Living Room
  • Flooring: Linoleum, Wood

Exterior

Fencing
  • Fencing: Block, Chain Link, Wood
Roof
  • Roof: Composition
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 - Detached
  • Architectural Style: Other (See Remarks)
Materials
  • Painted, Stucco, Adobe
  • Roof: Composition
Condition
  • Year Built: 1945
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: FILLMORE PLACE
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Mesa

Financial Details

  • Price per Sqft: $364.1
  • Tax Annual Amount: $1216
  • On Market Date: 2024-04-16T00:00:00.000Z
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Savings Calculator

Current cash to close is $482,824 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$

You cover the entire equity of $482,824!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$227,176
Your Cash:$482,824
Total Purchase Price:$710,000

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$1,242/mo
Traditional @ 7.5%
$1,912/mo
You save $670/month ($8,034/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6681887

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-06-08T08:09:31.000Z

© , 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

3.61%
7.15%

Principal & Interest

$1,242 /mo
$1,843 /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 $482,824 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$

You cover the entire equity of $482,824!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$227,176
Your Cash:$482,824
Total Purchase Price:$710,000

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$1,242/mo
Traditional @ 7.5%
$1,912/mo
You save $670/month ($8,034/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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