Laura Jewett

Laura Jewett

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Closed

$299,900

($181,734 down)
VA

8232 W MONTECITO Avenue, Phoenix, AZ 85033

3
2
1,524 sqft
PITI Monthly
$762.23 /mo

Listing courtesy of: W. Russell Shaw, Realty One Group

Assumed Rate

2.68%
7.15%

Principal & Interest

$521 /mo
$869 /mo

What's Special

INVESTORS
ENTERTAINMENT
SPACIOUS
PATIO
CUL-DE-SAC
INVESTMENT OPPORTUNITY

FANTASTIC INVESTMENT OPPORTUNITY! FLIP OR HOLD OR OCCUPY AND ENJOY THE BENEFITS OF INSTANT EQUITY: Located on a desirable cul-de-sac N0 HOA corner lot, just under 1/4 acre, this 3BR, 2BA 2G home offers incredible potential for both investors and future homeowners! ROOF (2023) * HVAC (2020) • Spacious floor plan boasts 266 sf enclosed patio addition • Expansive backyard, fully fenced with a block wall—ideal for privacy and future landscaping • Former pool site, fully filled with permits—now a blank slate for the new buyer to create their dream backyard • With newer roof and HVAC, no big-ticket maintenance needed! With some imagination and updates like new flooring and interior touches, this property can be transformed . . . into a highly profitable flip or a sought-after rental. The large front yard and backyard is ready for your vision, whether it's creating a new pool, garden, or entertainment space. With its potential for value appreciation and flexible options, this home is a smart investment for any buyer. Don't miss out on this fantastic project! Quick and Easy freeway access to 101 and I-10 freeways * Minutes to Westgate Entertainment District * Gila River Arena * State Farm Stadium * Talking Stick Resort Amphitheatre *

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.68
Remaining Loan Term
25 years, 11 months
Monthly PITI
$762.23/mo
Estimated Loan Balance
$118,423
Cash to close
$181,734
Interest Paid
$13,447

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Programmable Thmstat
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Siding, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Linoleum, Concrete

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Sewer in & Cnctd, 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, Stucco, Siding, Block
  • Roof: Composition
Condition
  • Year Built: 1974
Details
  • Builder: UNKN

Community & HOA

Community
  • Subdivision: WILLOWS WEST
  • Features: Near Bus Stop
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $196.78
  • Tax Annual Amount: $1100
  • On Market Date: 2024-09-30T22:28:08.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $181,734 (61%)
You can enter any amount below - secondary financing will cover the difference if needed.
61%
$

You cover the entire equity of $181,734!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$118,166
Your Cash:$181,734
Total Purchase Price:$299,900

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$521/mo
Traditional @ 7.5%
$902/mo
You save $381/month ($4,571/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6764381

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-12-05T22:03:45.000Z

© , 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

2.68%
7.15%

Principal & Interest

$521 /mo
$869 /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 $181,734 (61%)
You can enter any amount below - secondary financing will cover the difference if needed.
61%
$

You cover the entire equity of $181,734!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$118,166
Your Cash:$181,734
Total Purchase Price:$299,900

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$521/mo
Traditional @ 7.5%
$902/mo
You save $381/month ($4,571/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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