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Closed
Closed

$434,000

($165,031 down)
FHA

11865 N ALLEGRO Road, Maricopa, AZ 85139

3
2
1,440 sqft
PITI Monthly
$1,643.8 /mo

Listing courtesy of: Robin L King, Jason Mitchell Real Estate

Assumed Rate

2.74%
7.15%

Principal & Interest

$1,201 /mo
$1,990 /mo
$32,096 in interest paid off

What's Special

REMODELED
SPACIOUS
PATIO
Nearly 5 acres of fenced horse property with a site built metal frame block stucco home! Home has recently been upgraded with wood-look tile flooring
throughout! Spacious bright kitchen, includes all appliances & large breakfast bar w/storage overlooking living room! Primary bedrm & bath have jetted
tub, remodeled vanity, walk-in & secondary closets. Guest bathrm has matching remodeled vanity. Huge laundry rm connects to primary bath w/door
provides privacy. Key items include: 400' deep well & 2 neighbors pay for water usage, 45x36' concrete slab ready for supersized garage, ... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.74
Remaining Loan Term
25 years, 10 months
Monthly PITI
$1,643.8/mo
Estimated Loan Balance
$292,026
Cash to close
$165,031
Interest Paid
$32,096

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
Features
  • Materials: Stucco, Steel Frame, Painted, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Wire
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: Septic Tank
  • Water Source: Private Well, Shared Well
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style: Ranch
Materials
  • Stucco, Steel Frame, Painted, Block
  • Roof: Composition
Condition
  • Year Built: 2003
Details
  • Builder: Sight Built

Community & HOA

Community
  • Subdivision: S17 T5S R2E
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Maricopa

Financial Details

  • Price per Sqft: $301.39
  • Tax Annual Amount: $1010
  • On Market Date: Jan 06, 2025
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Savings Calculator

Current cash to close is $165,031 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$
0%20%50%

You cover the entire equity of $165,031!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$268,969
Your Cash$165,031
Total Purchase Price:$434,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,201/mo
Traditional @ 7.15%
$2,064/mo
You save $863/month ($10,352/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6800542

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Apr 03, 2025 01:17am

© 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

$1,201 /mo
$1,990 /mo
$32,096 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 $165,031 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$
0%20%50%

You cover the entire equity of $165,031!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$268,969
Your Cash$165,031
Total Purchase Price:$434,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,201/mo
Traditional @ 7.15%
$2,064/mo
You save $863/month ($10,352/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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