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$370,000

($16,943 down)
VA

1404 N PETTET Lane, Payson, AZ 85541

3
2
1,536 sqft
PITI Monthly
$1,840.35 /mo

Listing courtesy of: James Jakubek, BHHS Advantage Realty - Payson

Assumed Rate

3.1%
7.15%

Principal & Interest

$1,588 /mo
$2,512 /mo
$36,231 in interest paid off

What's Special

SERENE
SPACIOUS
MODERN
FENCED YARD
CHARMING
Escape to tranquility with this charming property in Payson, offering a blend of comfort and functionality. Located in a serene neighborhood, this home
is packed with extras that cater to various needs. An oversized 33x25 foot 2.5 car garage with 220 power and ample space for a workshop. A separate,
versatile space ideal for crafting, office, or as an extra guest room, ensuring privacy and convenience. Recently upgraded with brand-new stainless
steel glass-top stove, refrigerator, and microwave, all installed in 2023. Enjoy the spacious walk-in pantry for added storage. New heat pu... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.1
Remaining Loan Term
26 years, 9 months
Monthly PITI
$1,840.35/mo
Estimated Loan Balance
$359,723
Cash to close
$16,943
Interest Paid
$36,231

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Mini Split, Refrigeration
  • Heating: Mini Split, Electric, Ceiling
Features
  • Materials: Painted, Siding, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Chain Link, Wood
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2.5
  • Carport: Yes
  • Carport Spaces: 2.5
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Siding, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 1982
Details
  • Builder: unknown

Community & HOA

Community
  • Subdivision: RANCHO DEL TONTO
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Payson

Financial Details

  • Price per Sqft: $240.89
  • Tax Annual Amount: $1226
  • On Market Date: Jul 25, 2024
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Savings Calculator

Current cash to close is $16,943 (5%)
You can enter any amount below - secondary financing will cover the difference if needed.
5%
$
0%20%50%

You cover the entire equity of $16,943!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$353,057
Your Cash$16,943
Total Purchase Price:$370,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$1,588/mo
Traditional @ 7.15%
$2,606/mo
You save $1,017/month ($12,210/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6735469

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Jan 09, 2025 05:34am

© 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

3.1%
7.15%

Principal & Interest

$1,588 /mo
$2,512 /mo
$36,231 in interest paid off
Inquire about this property
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​
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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 $16,943 (5%)
You can enter any amount below - secondary financing will cover the difference if needed.
5%
$
0%20%50%

You cover the entire equity of $16,943!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$353,057
Your Cash$16,943
Total Purchase Price:$370,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$1,588/mo
Traditional @ 7.15%
$2,606/mo
You save $1,017/month ($12,210/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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