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Closed
Closed

$385,000

($136,839 down)
FHA

1119 W MANGO Drive, Gilbert, AZ 85233

2
2
1,099 sqft
PITI Monthly
$1,513.58 /mo

Listing courtesy of: Amy Miller, Real Broker

Assumed Rate

2.74%
7.15%

Principal & Interest

$1,101 /mo
$1,824 /mo
$29,422 in interest paid off

What's Special

LOCATION
SERENE
MODERN
FIREPLACE
VAULTED CEILINGS
HOME OFFICE
COMMUNITY POOL
CHARMING
COZY
BACK ON MARKET! This charming 2-story townhome in the heart of Gilbert offers a perfect mix of style, comfort, and practicality. Located in the sought
after lake community of The Islands, with access to a community pool, this 2-bedroom, 2-bathroom home features modern updates throughout,
including new quartz countertops, a stylish tile backsplash, and new LVP flooring with 5-inch baseboards. One bedroom is located downstairs, perfect
for guests or added privacy, while the upstairs primary bedroom offers an en-suite bathroom. A small bonus room provides extra space f... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.74
Remaining Loan Term
25 years, 10 months
Monthly PITI
$1,513.58/mo
Estimated Loan Balance
$248,694
Cash to close
$136,839
Interest Paid
$29,422

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Living Room
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
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: 2
  • Home type: Townhouse
  • Architectural Style: Contemporary
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 1994
Details
  • Builder: unknown

Community & HOA

Community
  • Subdivision: COVE AT THE ISLANDS
  • Features: Community Spa Htd, Community Pool Htd, Lake Subdivision, Biking/Walking Path, Clubhouse
HOA
  • Has HOA: Yes
  • HOA Name: Laguna Shores
  • HOA Amenities: Unknown
  • HOA Fee: $182
  • HOA Frequency: $Monthly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $350.32
  • Tax Annual Amount: $857
  • On Market Date: Sep 27, 2024
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Savings Calculator

Current cash to close is $136,839 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$
0%20%50%

You cover the entire equity of $136,839!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$248,161
Your Cash$136,839
Total Purchase Price:$385,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,101/mo
Traditional @ 7.15%
$1,892/mo
You save $791/month ($9,490/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6763011

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Dec 13, 2024 09:08am

© 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

2.74%
7.15%

Principal & Interest

$1,101 /mo
$1,824 /mo
$29,422 in interest paid off
Inquire about this property
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​
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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 $136,839 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$
0%20%50%

You cover the entire equity of $136,839!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$248,161
Your Cash$136,839
Total Purchase Price:$385,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,101/mo
Traditional @ 7.15%
$1,892/mo
You save $791/month ($9,490/year)

*Secondary financing rates are an estimated value based on input

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Dave CoreyBerkshire Hathaway HomeServices California Realty(213) 505-2098berkshiresc@fyremail.netMLS
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May, 17 2025

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