Laura Jewett

Laura Jewett

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Closed

$345,000

($89,531 down)
FHA

941 E DESERT Drive, Phoenix, AZ 85042

3
2
976 sqft
PITI Monthly
$2,152.66 /mo

Listing courtesy of: Mariel Leon, Caballero Realty

Assumed Rate

7.62%
7.15%

Principal & Interest

$1,814 /mo
$1,732 /mo

What's Special

REMODELED
CHARMING

This charming home has just been beautifully remodeled in 2024 white kitchen, new soft close cabinets, new countertops, completely, new bathrooms with RBG mirrors with defogger. Wood like tile floors throughout the home. AC replaced in 2020. Professional pictures coming soon.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.62
Remaining Loan Term
28 years, 8 months
Monthly PITI
$2,152.66/mo
Estimated Loan Balance
$255,660
Cash to close
$89,531
Interest Paid
$25,905

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Fire Pit, None
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Block, Wood
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 1
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: Ranch
Materials
  • Painted, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 1981
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: DANIEL MANOR NO. 4
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $353.48
  • Tax Annual Amount: $854
  • On Market Date: 2024-05-10T00:00:00.000Z
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 $89,531 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $89,531!

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

Loan Breakdown

Assumed Mortgage7.62% Sellers Rate
$255,469
Your Cash$89,531
Total Purchase Price:$345,000

Assumed vs Traditional Mortgage

Assumed @ 7.62%
$1,814/mo
Traditional @ 7.5%
$1,796/mo
You save $-18/month ($-211/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6692150

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-06-07T00:23:34.000Z

© , 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

7.62%
7.15%

Principal & Interest

$1,814 /mo
$1,732 /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 $89,531 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $89,531!

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

Loan Breakdown

Assumed Mortgage7.62% Sellers Rate
$255,469
Your Cash$89,531
Total Purchase Price:$345,000

Assumed vs Traditional Mortgage

Assumed @ 7.62%
$1,814/mo
Traditional @ 7.5%
$1,796/mo
You save $-18/month ($-211/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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