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Closed
Closed

$347,990

($175,250 down)
FHA

1122 W SUNLAND Avenue, Phoenix, AZ 85041

3
1
1,266 sqft
PITI Monthly
$1,076.11 /mo

Listing courtesy of: Jesus A Gomez Cantu, DeLex Realty

Assumed Rate

2.68%
7.15%

Principal & Interest

$758 /mo
$1,265 /mo
$20,330 in interest paid off

What's Special

MINUTES AWAY
DINING
SOLAR PANELS
NO HOA
NO HOA!! NO HOA!! Tired of paying dues that you feel get you nothing? Are you ready to do whatever you want to your property including; planting or
building as you please without having to hear from the HOA? Well look no further than 1122 W Sunland AVE. This property's 12,000 sqft lot offers
plenty of space to do just that. This home is centrally located just minutes from downtown. Yet secluded enough that the hiking trails of the beautiful
South Mountain are also minutes away. Did I Mention no HOA?? Off 7th ave and Southern, this property offers three bedrooms and a few ... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.68
Remaining Loan Term
25 years, 9 months
Monthly PITI
$1,076.11/mo
Estimated Loan Balance
$186,758
Cash to close
$175,250
Interest Paid
$20,330

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
Features
  • Materials: Stucco, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 6
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Stucco, Block
  • Roof: Composition
Condition
  • Year Built: 1951
Details
  • Builder: UNKOWN

Community & HOA

Community
  • Subdivision: HIGHLAND PARK SUB PLAT 1
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $274.87
  • Tax Annual Amount: $429
  • On Market Date: Jul 26, 2024
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Savings Calculator

Current cash to close is $175,250 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
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0%20%50%

You cover the entire equity of $175,250!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$172,740
Your Cash:$175,250
Total Purchase Price:$347,990

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$758/mo
Traditional @ 7.15%
$1,312/mo
You save $554/month ($6,654/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6725476

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Feb 06, 2025 11:17pm

© 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

2.68%
7.15%

Principal & Interest

$758 /mo
$1,265 /mo
$20,330 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 $175,250 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$
0%20%50%

You cover the entire equity of $175,250!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$172,740
Your Cash:$175,250
Total Purchase Price:$347,990

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$758/mo
Traditional @ 7.15%
$1,312/mo
You save $554/month ($6,654/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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