Laura Jewett

Laura Jewett

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Closed

$295,000

($117,056 down)
FHA

8021 W STALLION Road, Payson, AZ 85541

3
2
1,056 sqft
PITI Monthly
$1,303.07 /mo

Listing courtesy of: Sylvia Kathleen Howard, HomeSmart

Assumed Rate

4.07%
7.15%

Principal & Interest

$941 /mo
$1,320 /mo

What's Special

RENTAL INCOME
INVESTMENT OPPORTUNITY

This is a great starter home or investment opportunity with potential income stream. Neighboring home just sold with vacation rental income. Close to the National Forest, hiking, fishing, off-roading. Larger lot with plenty of space to park an RV and/or toys for your outdoor adventures! Sit on the covered front porch and revel in the scenic view and sunsets. The back yard has privacy fencing, a steel gazebo for entertaining and grilling, a 10x12 Graceland with built-in shelves and the back porch is screened in for those rainy or snowy days.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.07
Remaining Loan Term
24 years, 3 months
Monthly PITI
$1,303.07/mo
Estimated Loan Balance
$216,896
Cash to close
$117,056
Interest Paid
$43,338

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Propane
Features
  • Materials: Painted, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: Chain Link, Partial
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: Mfg/Mobile Housing
  • Architectural Style: Unknown
Materials
  • Painted, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 2018
Details
  • Builder: CAVCO

Community & HOA

Community
  • Subdivision: MESA DEL CABALLO TRACT 2
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Payson

Financial Details

  • Price per Sqft: $279.36
  • Tax Annual Amount: $887
  • On Market Date: 2024-07-04T07:40:06.000Z
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 $117,056 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $117,056!

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

Loan Breakdown

Assumed Mortgage4.07% Sellers Rate
$177,944
Your Cash$117,056
Total Purchase Price:$295,000

Assumed vs Traditional Mortgage

Assumed @ 4.07%
$941/mo
Traditional @ 7.5%
$1,369/mo
You save $428/month ($5,138/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6632858

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-07-08T09:00:19.000Z

© , 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

4.07%
7.15%

Principal & Interest

$941 /mo
$1,320 /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 $117,056 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $117,056!

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

Loan Breakdown

Assumed Mortgage4.07% Sellers Rate
$177,944
Your Cash$117,056
Total Purchase Price:$295,000

Assumed vs Traditional Mortgage

Assumed @ 4.07%
$941/mo
Traditional @ 7.5%
$1,369/mo
You save $428/month ($5,138/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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