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Closed
Closed

$669,000

($388,178 down)
VA

1254 E LOUIS Way, Tempe, AZ 85284

4
3
1,995 sqft
PITI Monthly
$1,710.3 /mo

Listing courtesy of: Rebecca Kennard, My Home Group Real Estate

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,277 /mo
$2,061 /mo
$39,114 in interest paid off

What's Special

SERENE
SPACIOUS
MODERN
LUXURY
PATIO
IRRIGATION SYSTEM
NO HOA
Meticulously upgraded 4-bedroom, 3-bathroom residence, boasting a spacious family room and an array of high-end features. Nestled in a serene
neighborhood with no HOA, this home offers a tranquil retreat. The kitchen features a breakfast bar and rich dark oak cabinets. The backyard is a
private oasis, complete with a sparkling pool and a covered patio. Recent upgrades include a 2023 overhaul of the irrigation system with PVC piping,
and a Stanley Steemer Vent cleaning with sanitizer. In 2022, a new patio roof was added, along with a state-of-the-art Pool popup controll... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.94
Remaining Loan Term
25 years, 5 months
Monthly PITI
$1,710.3/mo
Estimated Loan Balance
$288,178
Cash to close
$388,178
Interest Paid
$39,114

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Block
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Family Room
  • Flooring: Unknown

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: Yes
  • Pool Features: Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Unknown
Materials
  • Painted, Block
  • Roof: Tile
Condition
  • Year Built: 1981
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: SANDAHL HOMES TEMPE AMD
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Tempe

Financial Details

  • Price per Sqft: $335.34
  • Tax Annual Amount: $3201
  • On Market Date: Jul 04, 2024
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Savings Calculator

Current cash to close is $388,178 (58%)
You can enter any amount below - secondary financing will cover the difference if needed.
58%
$
0%20%50%

You cover the entire equity of $388,178!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$280,822
Your Cash:$388,178
Total Purchase Price:$669,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,277/mo
Traditional @ 7.15%
$2,138/mo
You save $861/month ($10,336/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6674634

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: May 20, 2024 08:29pm

© 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

2.94%
7.15%

Principal & Interest

$1,277 /mo
$2,061 /mo
$39,114 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 $388,178 (58%)
You can enter any amount below - secondary financing will cover the difference if needed.
58%
$
0%20%50%

You cover the entire equity of $388,178!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$280,822
Your Cash:$388,178
Total Purchase Price:$669,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,277/mo
Traditional @ 7.15%
$2,138/mo
You save $861/month ($10,336/year)

*Secondary financing rates are an estimated value based on input

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May, 16 2025

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