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Closed
Closed

$362,500

($64,497 down)
FHA

10653 E MERCURY Drive, Apache Junction, AZ 85120

5
2
1,410 sqft
PITI Monthly
$1,932.97 /mo

Listing courtesy of: Julio Reyes, My Home Group Real Estate

Assumed Rate

4.17%
7.15%

Principal & Interest

$1,502 /mo
$2,082 /mo
$37,587 in interest paid off

What's Special

MOVE-IN READY
MODERN
CHARMING
Introducing a charming home nestled in the heart of Apache Junction, boasting a plethora of upgrades and modern conveniences. This meticulously
maintained residence features a newly installed AC system with a transferable warranty, ensuring comfort for years to come. As you enter, you'll notice
the replaced main entry doors and master bedroom sliding door, providing both security and style. With security doors adorning all main entry points
and block fencing surrounding the property, peace of mind is paramount. Illuminating the exterior, new perimeter lighting enhances the a... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.17
Remaining Loan Term
27 years, 0 months
Monthly PITI
$1,932.97/mo
Estimated Loan Balance
$303,031
Cash to close
$64,497
Interest Paid
$37,587

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Synthetic Stucco, Wood Frame, Painted, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile, Concrete

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 4
Water
  • Sewer: Septic Tank
  • Water Source: Pvt Water Company
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style: Ranch
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco
  • Roof: Composition
Condition
  • Year Built: 1987
Details
  • Builder: UNK

Community & HOA

Community
  • Subdivision: Metes and Bounds
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Apache Junction

Financial Details

  • Price per Sqft: $257.09
  • Tax Annual Amount: $748
  • On Market Date: Apr 19, 2024
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Savings Calculator

Current cash to close is $64,497 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
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0%20%50%

You cover the entire equity of $64,497!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$298,003
Your Cash$64,497
Total Purchase Price:$362,500

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$1,502/mo
Traditional @ 7.15%
$2,160/mo
You save $658/month ($7,892/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6693183

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Apr 02, 2025 07:31pm

© 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

4.17%
7.15%

Principal & Interest

$1,502 /mo
$2,082 /mo
$37,587 in interest paid off
Inquire about this property
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​
​
​

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 $64,497 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$
0%20%50%

You cover the entire equity of $64,497!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$298,003
Your Cash$64,497
Total Purchase Price:$362,500

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$1,502/mo
Traditional @ 7.15%
$2,160/mo
You save $658/month ($7,892/year)

*Secondary financing rates are an estimated value based on input

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May, 16 2025

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