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Closed
Closed

$559,000

($176,717 down)
FHA

12016 N 61ST Avenue, Glendale, AZ 85304

4
3
2,598 sqft
PITI Monthly
$2,752.86 /mo

Listing courtesy of: Ciriaco Garcia, DeLex Realty

Assumed Rate

5.22%
7.15%

Principal & Interest

$2,173 /mo
$2,666 /mo
$52,276 in interest paid off

What's Special

DINING
SPACIOUS
GRANITE COUNTERTOPS
FIREPLACE
WALK-IN CLOSET
SEPARATE SHOWER
PATIO
COZY
NO HOA
Stunning Tudor-style home! NO HOA! don't miss out on this opportunity. FHA ASSUMABLE LOAN AT 5.125%. Located in the desirable Copperwood
Subdivision. This spacious 4BD, 2.5 bath property has everything! Step inside, you'll be greeted by a vaulted ceiling and beautiful tile and wood flooring
throughout. The upgraded gourmet kitchen features granite countertops, hardwood cherry cabinets and ample storage space. Entertain in the formal
dining room, or unwind in the living room, or family room. During the colder months cozy up with 3 fireplaces, including one in the master... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.22
Remaining Loan Term
27 years, 5 months
Monthly PITI
$2,752.86/mo
Estimated Loan Balance
$383,800
Cash to close
$176,717
Interest Paid
$52,276

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Brick Veneer, Stucco, Wood Frame, Painted, Block, Brick
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 3+ Fireplace, Family Room, Living Room, Master Bedroom
  • Flooring: Tile, Wood

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: Yes
  • Pool Features: Play Pool, Private

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family Residence
  • Architectural Style: Other
Materials
  • Brick Veneer, Stucco, Wood Frame, Painted, Block, Brick
  • Roof: Composition
Condition
  • Year Built: 1984
Details
  • Builder: COURTLAND HOMES

Community & HOA

Community
  • Subdivision: COPPERWOOD UNIT 1 AMD LOT 1-82
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Glendale

Financial Details

  • Price per Sqft: $215.17
  • Tax Annual Amount: $1606
  • On Market Date: Dec 02, 2024
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Savings Calculator

Current cash to close is $176,717 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$
0%20%50%

You cover the entire equity of $176,717!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$382,283
Your Cash$176,717
Total Purchase Price:$559,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$2,173/mo
Traditional @ 7.15%
$2,766/mo
You save $593/month ($7,117/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6790036

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: May 16, 2025 08:20pm

© 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

5.22%
7.15%

Principal & Interest

$2,173 /mo
$2,666 /mo
$52,276 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 $176,717 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$
0%20%50%

You cover the entire equity of $176,717!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$382,283
Your Cash$176,717
Total Purchase Price:$559,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$2,173/mo
Traditional @ 7.15%
$2,766/mo
You save $593/month ($7,117/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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