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Closed
Closed

$405,000

($313,646 down)
FHA

1014 E WELDON Avenue, Phoenix, AZ 85014

3
1
1,074 sqft
PITI Monthly
$788.07 /mo

Listing courtesy of: Kristin K Gragg, Real Broker

Assumed Rate

3.44%
7.15%

Principal & Interest

$490 /mo
$743 /mo
$29,305 in interest paid off

What's Special

SPACIOUS
MODERN
BREAKFAST NOOK
HISTORIC
CHARMING
COZY
Welcome to your new home in the enchanting historic district of West Idlewilde! This fabulous residence seamlessly blends timeless charm with modern
elegance, offering a unique opportunity to own a piece of history. Start your day by enjoying your favorite coffee on the cozy front porch. The inviting
living room, adorned with tall ceilings, soothing paint, and tile flooring, welcomes you upon entry. Cook delicious food in the kitchen and enjoy a
delightful meal in the cozy breakfast nook! This home has three perfectly sized bedrooms and one bathroom, providing privacy and comf... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.44
Remaining Loan Term
21 years, 6 months
Monthly PITI
$788.07/mo
Estimated Loan Balance
$94,700
Cash to close
$313,646
Interest Paid
$29,305

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Slump Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: 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: Ranch
Materials
  • Painted, Stucco, Slump Block
  • Roof: Composition
Condition
  • Year Built: 1947
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: WEST IDLEWILDE
  • Features: Historic District
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $377.09
  • Tax Annual Amount: $841
  • On Market Date: Aug 08, 2024
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Savings Calculator

Current cash to close is $313,646 (77%)
You can enter any amount below - secondary financing will cover the difference if needed.
77%
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0%20%50%

You cover the entire equity of $313,646!

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

Loan Breakdown

Assumed Mortgage3.44% Sellers Rate
$91,354
Your Cash:$313,646
Total Purchase Price:$405,000

Assumed vs Traditional Mortgage

Assumed @ 3.44%
$490/mo
Traditional @ 7.15%
$770/mo
You save $280/month ($3,363/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6741471

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Oct 04, 2024 05:54pm

© 2025, 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

3.44%
7.15%

Principal & Interest

$490 /mo
$743 /mo
$29,305 in interest paid off
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 $313,646 (77%)
You can enter any amount below - secondary financing will cover the difference if needed.
77%
$
0%20%50%

You cover the entire equity of $313,646!

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

Loan Breakdown

Assumed Mortgage3.44% Sellers Rate
$91,354
Your Cash:$313,646
Total Purchase Price:$405,000

Assumed vs Traditional Mortgage

Assumed @ 3.44%
$490/mo
Traditional @ 7.15%
$770/mo
You save $280/month ($3,363/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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