Laura Jewett

Laura Jewett

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Closed

$349,000

($180,465 down)
FHA

7539 W SHEILA Lane, Phoenix, AZ 85033

3
2
1,366 sqft
PITI Monthly
$1,186.26 /mo

Listing courtesy of: Carin S Nguyen, Real Broker

Assumed Rate

2.81%
7.15%

Principal & Interest

$765 /mo
$1,256 /mo

What's Special

REMODELED
LOCATION
FRESH PAINT
GRANITE COUNTERTOPS

Seller is offering $4,000 concessions for rate buydown or closing costs! This home is within Community Lending Program boundaries. Come tour this remodeled gem, with updated flooring, a kitchen that features granite countertops, tasteful tile backsplash, stylish tile showers in the bathrooms, fresh paint and several other upgrades. Add in the 2020 HVAC system, 2019 roof with 10 year warranty, an upgraded security system and you have an exceptional home in a prime Phoenix location. Don't miss the chance to make this home your own today.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.81
Remaining Loan Term
26 years, 0 months
Monthly PITI
$1,186.26/mo
Estimated Loan Balance
$174,605
Cash to close
$180,465
Interest Paid
$19,992

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Block
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: Ranch
Materials
  • Painted, Block
  • Roof: Composition
Condition
  • Year Built: 1961
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: MARYVALE TERRACE 28A LOTS 11601-11616
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $255.49
  • Tax Annual Amount: $1677
  • On Market Date: 2024-07-04T07:32:15.000Z
Inquire about this property

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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 $180,465 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $180,465!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$168,535
Your Cash:$180,465
Total Purchase Price:$349,000

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$765/mo
Traditional @ 7.5%
$1,302/mo
You save $538/month ($6,450/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6630811

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-08-23T16:06:33.000Z

© , 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

2.81%
7.15%

Principal & Interest

$765 /mo
$1,256 /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 $180,465 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $180,465!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$168,535
Your Cash:$180,465
Total Purchase Price:$349,000

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$765/mo
Traditional @ 7.5%
$1,302/mo
You save $538/month ($6,450/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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