Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$325,000

($75,060 down)
FHA

8801 W FAIRMOUNT Avenue, Phoenix, AZ 85037

2
2
1,086 sqft
PITI Monthly
$1,806.69 /mo

Listing courtesy of: Anna Houck, West USA Realty

Assumed Rate

5.22%
7.15%

Principal & Interest

$1,406 /mo
$1,725 /mo

What's Special

SHOPPING
ENTERTAINMENT
DINING
STAINLESS STEEL APPLIANCES
VAULTED CEILINGS
SOAKING TUB
PATIO
PRIVATE BACKYARD
PUBLIC TRANSPORTATION

Remarkable 2 Bedroom, 2 Bathroom Home in the Ryans Ridge Community. Home Showcases Vaulted Ceilings, Natural Light and an Open Floor Plan. The Kitchen Boasts White Cabinets with Hardware, Stainless Steel Appliances, Backsplash, Solid Surface Counters and Pantry. The Primary Suite Showcases 2 Closets with a Soaking Tub with Custom Shower Surround. Private Backyard Features Extended Covered Patio with Natural Grass. Large 2 Car Garage with Laundry and Direct Entry to Home. 1 Year Home Warranty Included. Leased Solar System for Electric Savings. Centrally Located Home is near Schools, Parks, Dining, Shopping, Entertainment, Public Transportation, I-10, Loop 101, Westgate Entertainment District 3.3mi, Cardinal's Stadium 3.3mi, GCC 8.6mi, Phoenix College 13mi, EMCC 6.9mi and GCU 7.8mi.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.22
Remaining Loan Term
27 years, 6 months
Monthly PITI
$1,806.69/mo
Estimated Loan Balance
$253,354
Cash to close
$75,060
Interest Paid
$32,755

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: Carpet, 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:
Materials
  • Stucco, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 1988
Details
  • Builder: Continental Homes

Community & HOA

Community
  • Subdivision: RYANS RIDGE LT 1-162 TR A-C
  • Features:
HOA
  • Has HOA: Yes
  • HOA Name: Ryans Ridge
  • HOA Amenities: Unknown
  • HOA Fee: $24
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $299.26
  • Tax Annual Amount: $839
  • On Market Date: 2024-07-04T07:25:59.000Z
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 $75,060 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $75,060!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$249,940
Your Cash$75,060
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$1,406/mo
Traditional @ 7.5%
$1,790/mo
You save $384/month ($4,605/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6681179

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-09-05T20:20:07.000Z

© , 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

5.22%
7.15%

Principal & Interest

$1,406 /mo
$1,725 /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 $75,060 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $75,060!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$249,940
Your Cash$75,060
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$1,406/mo
Traditional @ 7.5%
$1,790/mo
You save $384/month ($4,605/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.