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Closed
Closed

$495,000

($353,723 down)
FHA

1303 E MORROW Drive, Phoenix, AZ 85024

3
2
1,299 sqft
PITI Monthly
$1,149.09 /mo

Listing courtesy of: Carole Hewitt, Homie

Assumed Rate

3.46%
7.15%

Principal & Interest

$752 /mo
$1,137 /mo
$45,125 in interest paid off

What's Special

SHOPPING
ENTERTAINMENT
GRANITE COUNTERTOPS
FIREPLACE
QUIET NEIGHBORHOOD
NO HOA
Adorable upgraded home in great North Phoenix neighborhood! No HOA. RV gate & parking. Kitchen boasts oak cabinets, granite countertops, new SS
appliances & 3 pantries! Laminate flooring, Fireplace, Security door, Dual pane windows, ceiling fans & upgraded bathrooms are only a few things that
make this home a great choice! Enjoy low maintenance landscaping, leaving time to enjoy the play pool with new pebble tec, pool pump & sand filter. A
pull-over canopy shades the pool, keeping it cooler in our hot summer months & arches high enough to play volleyball. It even has a volle... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.46
Remaining Loan Term
21 years, 6 months
Monthly PITI
$1,149.09/mo
Estimated Loan Balance
$145,003
Cash to close
$353,723
Interest Paid
$45,125

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Stucco, Siding, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace
  • Flooring: Laminate

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: 1
  • Home type: Single Family - Detached
  • Architectural Style: Unknown
Materials
  • Stucco, Siding, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 1986
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: BLUE HILLS UNIT 3
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $381.06
  • Tax Annual Amount: $1335
  • On Market Date: Jul 04, 2024
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Savings Calculator

Current cash to close is $353,723 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$
0%20%50%

You cover the entire equity of $353,723!

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

Loan Breakdown

Assumed Mortgage3.46% Sellers Rate
$141,277
Your Cash:$353,723
Total Purchase Price:$495,000

Assumed vs Traditional Mortgage

Assumed @ 3.46%
$752/mo
Traditional @ 7.15%
$1,179/mo
You save $427/month ($5,125/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6670549

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: May 24, 2024 08:06am

© 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

3.46%
7.15%

Principal & Interest

$752 /mo
$1,137 /mo
$45,125 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 $353,723 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$
0%20%50%

You cover the entire equity of $353,723!

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

Loan Breakdown

Assumed Mortgage3.46% Sellers Rate
$141,277
Your Cash:$353,723
Total Purchase Price:$495,000

Assumed vs Traditional Mortgage

Assumed @ 3.46%
$752/mo
Traditional @ 7.15%
$1,179/mo
You save $427/month ($5,125/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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