Laura Jewett

Laura Jewett

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Closed

$549,500

($150,854 down)
VA

870 W SHELLFISH Drive, Gilbert, AZ 85233

3
3
2,035 sqft
PITI Monthly
$2,152.94 /mo

Listing courtesy of: John Shurr, West USA Realty

Assumed Rate

2.98%
7.15%

Principal & Interest

$1,796 /mo
$2,885 /mo

What's Special

SERENE
SHOPPING
SPACIOUS
MODERN
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
PRIVATE BACKYARD
CHARMING
SOLAR PANELS

Centrally located in the highly desirable Gilbert Islands community, this home offers both modern amenities and an eco-friendly lifestyle. Equipped with solar panels and an EV charging station, it's perfect for the environmentally conscious homeowner. This charming residence features a spacious layout with 3 bedrooms plus a loft/den, a large family room, and a well-appointed kitchen with stainless steel appliances and new granite countertops. Enjoy the serene ambiance of a quiet street across from the lake, with a private backyard that backs to a treed park—no neighbors directly behind. The resort-like outdoor space includes a large pool, ample gardening area, and side-yard storage for your toys. Great access to local amenities, schools and shopping.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.98
Remaining Loan Term
26 years, 5 months
Monthly PITI
$2,152.94/mo
Estimated Loan Balance
$411,276
Cash to close
$150,854
Interest Paid
$43,902

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Concrete

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces: 3
Water
  • Sewer: Sewer in & Cnctd, Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Play Pool, Variable Speed Pump, Fenced, Private

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family - Detached
  • Architectural Style:
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 1993
Details
  • Builder: Blandford

Community & HOA

Community
  • Subdivision: MARTINQUE 2 AT THE ISLANDS
  • Features: Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: The Islands
  • HOA Amenities: Unknown
  • HOA Fee: $365
  • HOA Frequency: $Semi-Annually
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $270.02
  • Tax Annual Amount: $2282
  • On Market Date: 2024-09-03T16:30:05.000Z
Inquire about this property

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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 $150,854 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $150,854!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$398,646
Your Cash$150,854
Total Purchase Price:$549,500

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,796/mo
Traditional @ 7.5%
$2,992/mo
You save $1,196/month ($14,354/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6751826

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-02-13T17:33:18.000Z

© , 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

2.98%
7.15%

Principal & Interest

$1,796 /mo
$2,885 /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 $150,854 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $150,854!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$398,646
Your Cash$150,854
Total Purchase Price:$549,500

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,796/mo
Traditional @ 7.5%
$2,992/mo
You save $1,196/month ($14,354/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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