Laura Jewett

Laura Jewett

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Closed

$699,999

($317,757 down)
FHA

8550 W MONACO Boulevard, Arizona City, AZ 85123

N/A
N/A
sqft
PITI Monthly
$2,369.91 /mo

Listing courtesy of: Shannon Behrmann, Keller Williams Legacy One

Assumed Rate

3.06%
7.15%

Principal & Interest

$1,745 /mo
$2,775 /mo

What's Special

NO HOA

PHENOMENAL OPPORTUNITY to BUY your FIRST HOME & INVESTMENT AT THE SAME TIME!!! This Fourplex consists of 4 units, 2, two story units! FANTASTIC source of income to help with mortgage payment and investment SIMULTANEOUSLY!! 3 NEW A/C Units and 2 new Water Heaters. All units are 3 bedrooms and 2 bathrooms at approximately 1,137 sq ft each unit. Lots of potential still to be had in the growing area! Enjoy the perks of no HOA fees. Property is RENT-READY or OWNER-OCCUPIED READY!!! Currently all units are occupied.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.06
Remaining Loan Term
26 years, 2 months
Monthly PITI
$2,369.91/mo
Estimated Loan Balance
$446,065
Cash to close
$317,757
Interest Paid
$46,276

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms: 0
Cooling & Heating
  • Cooling: Electric
  • Heating: Electric
Features
  • Materials: Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Ceramic Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: Public Sewer
  • Water Source: Private Franchise
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type:
  • Architectural Style: Unknown
Materials
  • Stucco, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 2005
Details
  • Builder:

Community & HOA

Community
  • Subdivision: ARIZONA CITY UNIT THREE
  • Features: No Pool
HOA
  • Has HOA: No
Location
  • Region: Arizona City

Financial Details

  • Price per Sqft: $699,999
  • Tax Annual Amount: $2003
  • On Market Date: 2024-07-04T08:28:09.000Z
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 $317,757 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $317,757!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$382,242
Your Cash$317,757
Total Purchase Price:$699,999

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$1,745/mo
Traditional @ 7.5%
$2,878/mo
You save $1,133/month ($13,593/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6704902

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-10-29T19:40:58.000Z

© , 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

3.06%
7.15%

Principal & Interest

$1,745 /mo
$2,775 /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 $317,757 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $317,757!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$382,242
Your Cash$317,757
Total Purchase Price:$699,999

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$1,745/mo
Traditional @ 7.5%
$2,878/mo
You save $1,133/month ($13,593/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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