Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$932,000

($395,646 down)
FHA

8231 E Lippizan Trail, Scottsdale, AZ 85258

3
2
2,070 sqft
PITI Monthly
$3,740.31 /mo

Listing courtesy of: Ashlee Donaldson, Keller Williams Arizona Realty

Assumed Rate

2.53%
7.15%

Principal & Interest

$2,797 /mo
$4,762 /mo

What's Special

DESIRED
SHOPPING
MODERN
VAULTED CEILINGS
MATURE TREES
CHARMING

DON'T MISS THIS OPPORTUNITY!!! Located in the heart of McCormick Ranch, this home offers untapped potential in highly sought after Paradise Park Trails community on a premium lot backing to the greenbelt path. Set on an expansive 11,031 sq. ft. lot, this property invites endless possibilities for crafting a personalized, modernized living space. The 2070 sf split floor plan features vaulted ceilings, 3 bedrooms and 2 baths, charming Saltillo tile floors creating an open canvas to customize and design a layout that perfectly suits your lifestyle. Lovingly cared for by the same owners since 1994, presents a rare opportunity to reimagine your dream residence. Upgrades include: New HVAC (2023), New Pool Motor (2023) and newer exterior paint. The inviting outdoor space, includes a plaster pool and mature trees, provides a canvas for your personal oasis. Imagine entertaining in your transformed backyard or enjoying moments of relaxation by the pool, surrounded by the tranquility of nature. Your vision is the key to unlocking the full potential of this home with an opportunity to create a distinctive haven in one of Scottsdale's most desired communities. Situated on the greenbelt path with tons of walking and biking. Close to restaurants and shopping and minutes to Old Town Scottsdale, Spring Training, Shops and Arts and world class event venues.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.53
Remaining Loan Term
19 years, 6 months
Monthly PITI
$3,740.31/mo
Estimated Loan Balance
$541,330
Cash to close
$395,646
Interest Paid
$163,504

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Block
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Family Room
  • Flooring: Carpet, 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: Yes
  • Pool Features: Diving Pool, Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Stucco, Block
  • Roof: Composition
Condition
  • Year Built: 1979
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: PARADISE PARK TRAILS
  • Features: Lake Subdivision, Golf, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: McCormick Ranch
  • HOA Amenities: Unknown
  • HOA Fee: $255
  • HOA Frequency: $Annually
Location
  • Region: Scottsdale

Financial Details

  • Price per Sqft: $450.24
  • Tax Annual Amount: $2732
  • On Market Date: 2024-07-04T07:11:11.000Z
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.

Apply now

Savings Calculator

Current cash to close is $395,646 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $395,646!

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

Loan Breakdown

Assumed Mortgage2.53% Sellers Rate
$536,354
Your Cash$395,646
Total Purchase Price:$932,000

Assumed vs Traditional Mortgage

Assumed @ 2.53%
$2,797/mo
Traditional @ 7.5%
$4,939/mo
You save $2,143/month ($25,710/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6649360

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-04-03T17:15:13.000Z

© , 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

2.53%
7.15%

Principal & Interest

$2,797 /mo
$4,762 /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 $395,646 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $395,646!

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

Loan Breakdown

Assumed Mortgage2.53% Sellers Rate
$536,354
Your Cash$395,646
Total Purchase Price:$932,000

Assumed vs Traditional Mortgage

Assumed @ 2.53%
$2,797/mo
Traditional @ 7.5%
$4,939/mo
You save $2,143/month ($25,710/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.