$439,900
($94,304 down)8724 N 42ND Avenue, Phoenix, AZ 85051
PITI Monthly
Listing courtesy of: Michael Putman, eXp Realty
Assumed Rate
3.07%
7.15%Principal & Interest
$1,580 /mo
$2,508 /moWhat's Special
FHA ASSUMABLE LOAN AT 3% INTEREST!!! Discover the charm of this 3-bedroom gem in Newcastle Homes! A lush front yard and a 2-car garage welcome you to this delightful residence. Inside, a perfect blend of tile and carpet flooring enhances the spacious layout. The inviting living room offers a cozy retreat, while the family room is perfect for making lasting memories. The chef's kitchen features granite countertops, a mosaic tile backsplash, neutral cabinetry, built-in appliances, under-cabinet lighting, and a peninsula with a breakfast bar. The main suite boasts dual sinks and a private bath. Step outside to your backyard oasis, complete with a covered patio, fenced-in pool, gazebo, and lush green space—perfect for entertaining. Don't miss this incredible opportunity. Incredible financing opportunity! This home features an assumable FHA loan at just 3% interest (subject to lender approval).
Assumption Snapshot
Type of Loan
FHA
Interest Rate
3.07
Remaining Loan Term
26 years, 8 months
Monthly PITI
$2,134.82/mo
Estimated Loan Balance
$346,982
Cash to close
$94,304
Interest Paid
$36,707
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
Cooling & Heating
- Cooling: Central Air, Ceiling Fan(s)
- Heating: Natural Gas
Features
- Materials: Synthetic Stucco, Painted, Stucco, Block
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: None
- Flooring: Carpet, Laminate, 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: Yes
- Pool Features: Diving Pool, Private
Construction
Type & Style
- Stories: 1
- Home type: Single Family Residence
- Architectural Style: Ranch
Materials
- Synthetic Stucco, Painted, Stucco, Block
- Roof: Composition
Condition
- Year Built: 1966
Details
- Builder: Unknown
Community & HOA
Community
- Subdivision: NEWCASTLE HOMES UNIT 6
- Features:
HOA
- Has HOA: No
Location
- Region: Phoenix
Financial Details
- Price per Sqft: $231.65
- Tax Annual Amount: $1703
- On Market Date: 2025-03-06T19:50:06.000Z
Inquire 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 $94,304!
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
MLS ID: 6831124
Listing From: Arizona Regional Multiple Listing Service (ARMLS)
Last updated: 2025-04-01T20:39:05.000Z
© , 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
3.07%
7.15%Principal & Interest
$1,580 /mo
$2,508 /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 $94,304!
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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