Laura Jewett

Laura Jewett

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Closed

$350,000

($278,398 down)
FHA

8509 W GLENROSA Avenue, Phoenix, AZ 85037

5
2
1,453 sqft
PITI Monthly
$767.73 /mo

Listing courtesy of: George Laughton, My Home Group Real Estate

Assumed Rate

3.21%
7.15%

Principal & Interest

$465 /mo
$686 /mo

What's Special

INVESTORS
MINUTES AWAY
ENTERTAINMENT
SPACIOUS
GRANITE COUNTERTOPS
FIREPLACE
COZY
NO HOA

Calling all investors and handy homeowners! This spacious 5-bedroom gem in West Phoenix is PRICED TO SELL! Enjoy convenient access to the 101 & I-10 freeways, just minutes away. Plus, you'll be close to the excitement of State Farm Stadium and Westgate entertainment district. Inside, discover a functional layout with granite countertops, cool tile floors throughout, and a cozy fireplace. Don't miss the RV gate and the expansive lot, perfect for all your toys! This home is priced well below market value and awaits your creative vision. Bring your tools and make it your own! Bonus - no HOA fees to worry about!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.21
Remaining Loan Term
15 years, 10 months
Monthly PITI
$767.73/mo
Estimated Loan Balance
$80,235
Cash to close
$278,398
Interest Paid
$24,481

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Family Room
  • 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, Stucco, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 1975
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: ARIZONA HOMES 3
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $240.88
  • Tax Annual Amount: $1025
  • On Market Date: 2024-07-09T21:45:34.000Z
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 $278,398 (80%)
You can enter any amount below - secondary financing will cover the difference if needed.
80%
$

You cover the entire equity of $278,398!

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

Loan Breakdown

Assumed Mortgage3.21% Sellers Rate
$71,602
Your Cash:$278,398
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.21%
$465/mo
Traditional @ 7.5%
$709/mo
You save $244/month ($2,930/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6729039

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-08-15T17:15:55.000Z

© , 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

3.21%
7.15%

Principal & Interest

$465 /mo
$686 /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 $278,398 (80%)
You can enter any amount below - secondary financing will cover the difference if needed.
80%
$

You cover the entire equity of $278,398!

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

Loan Breakdown

Assumed Mortgage3.21% Sellers Rate
$71,602
Your Cash:$278,398
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.21%
$465/mo
Traditional @ 7.5%
$709/mo
You save $244/month ($2,930/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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