$400,000
($44,631 down)860 S COLONIAL Drive, Gilbert, AZ 85296
PITI Monthly
Listing courtesy of: Kristy N DeWitz, My Home Group Real Estate
Assumed Rate
6.34%
7.15%Principal & Interest
$2,248 /mo
$2,443 /moWhat's Special
Nestled in the heart of Gilbert, this stylish and move-in-ready home offers a blend of modern finishes and unbeatable convenience. With 2 bedrooms, a versatile den, and 2 bathrooms, this popular open floorplan showcases sleek vinyl plank flooring and an airy flow from room to room. The kitchen is a standout with crisp white cabinetry, gleaming quartz countertops, stainless steel appliances, and an eye-catching glass subway tile backsplash—perfect for both everyday cooking and entertaining. Outside, relax or entertain on the spacious concrete patio with a ceiling fan for added comfort, while enjoying the easy-care desert landscaping that enhances both front and back yards. Just two miles from both vibrant Downtown Gilbert and SanTan Village, this home offers the perfect balance of style.
Assumption Snapshot
Type of Loan
FHA
Interest Rate
6.34
Remaining Loan Term
28 years, 2 months
Monthly PITI
$2,748.78/mo
Estimated Loan Balance
$357,191
Cash to close
$44,631
Interest Paid
$41,618
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Cooling & Heating
- Cooling: Refrigeration
- Heating: Electric
Features
- Materials: Stucco, Frame - Wood
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: None
- Flooring: Vinyl, Tile
Exterior
Fencing
- Fencing: Block
Roof
- Roof: Tile
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: Patio Home
- Architectural Style: Contemporary
Materials
- Stucco, Frame - Wood
- Roof: Tile
Condition
- Year Built: 2004
Details
- Builder: SHEA HOMES
Community & HOA
Community
- Subdivision: LINDSAY AND WARNER
- Features: Playground, Biking/Walking Path
HOA
- Has HOA: Yes
- HOA Name: Neely Commons
- HOA Amenities: Unknown
- HOA Fee: $183
- HOA Frequency: $Quarterly
Location
- Region: Gilbert
Financial Details
- Price per Sqft: $329.49
- Tax Annual Amount: $1130
- On Market Date: 2024-11-22T00:00:00.000Z
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You cover the entire equity of $44,631!
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: 6781097
Listing From: Arizona Regional Multiple Listing Service (ARMLS)
Last updated: 2025-01-29T09:08:09.000Z
© , 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
6.34%
7.15%Principal & Interest
$2,248 /mo
$2,443 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $44,631!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000Resources
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