Laura Jewett

Laura Jewett

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Closed

$399,000

($201,083 down)
FHA

7801 W Cora Lane, Phoenix, AZ 85033

3
2
1,364 sqft
PITI Monthly
$1,460.29 /mo

Listing courtesy of: Diego Romero Pena, Libertas Real Estate

Assumed Rate

3.7%
7.15%

Principal & Interest

$994 /mo
$1,459 /mo

What's Special

REMODELED
DINING
IRRIGATION SYSTEM
SPRINKLER SYSTEM

Welcome to this beautiful 4 bedroom 3 bath home with so much to offer. That's right 3 full baths for when you have guest over or larger families along with enough full parking for up to 7 cars! This home has been completely remodeled with all new electrical system and breakers, new roof, new A/C unit with duct system , new windows, new doors, flooring, kitchen cabinets and countertops and so much more. You can forget about any repairs to make unlike older homes. The highly functional living space boasts a large living and dining area. The backyard has a full sprinkler system and drip irrigation system along with a sandbox for the kids, and an additional detached 10x10 storage unit as well. This home is conveniently located 10 minutes from both the I-10 and 101 highway and right in the vicinity of Starlight elementary, Estrella middle school and Trevor Brown high school. This home will also make a great rental for an investor with high demand for rentals in this area. Come check it out today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.7
Remaining Loan Term
24 years, 9 months
Monthly PITI
$1,460.29/mo
Estimated Loan Balance
$249,267
Cash to close
$201,083
Interest Paid
$39,855

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: 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, Block
  • Roof: Composition
Condition
  • Year Built: 1977
Details
  • Builder: UNKN

Community & HOA

Community
  • Subdivision: Laurelwood 2
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $292.52
  • Tax Annual Amount: $1956
  • On Market Date: 2023-12-07T00:00:00.000Z
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 $201,083 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $201,083!

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

Loan Breakdown

Assumed Mortgage3.7% Sellers Rate
$197,917
Your Cash:$201,083
Total Purchase Price:$399,000

Assumed vs Traditional Mortgage

Assumed @ 3.7%
$994/mo
Traditional @ 7.5%
$1,513/mo
You save $519/month ($6,229/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6633421

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-04-02T21:38:59.000Z

© , 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

3.7%
7.15%

Principal & Interest

$994 /mo
$1,459 /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 $201,083 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $201,083!

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

Loan Breakdown

Assumed Mortgage3.7% Sellers Rate
$197,917
Your Cash:$201,083
Total Purchase Price:$399,000

Assumed vs Traditional Mortgage

Assumed @ 3.7%
$994/mo
Traditional @ 7.5%
$1,513/mo
You save $519/month ($6,229/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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