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Closed
Closed

$729,000

($213,488 down)
VA

1427 E BLUE SPRUCE Lane, Gilbert, AZ 85298

5
3
2,550 sqft
PITI Monthly
$3,412.08 /mo

Listing courtesy of: Tarah Ingram, Equity Solutions Realty

Assumed Rate

5.22%
7.15%

Principal & Interest

$3,012 /mo
$3,697 /mo
$72,472 in interest paid off

What's Special

LOCATION
DINING
PATIO
COMMUNITY POOL
CLUBHOUSE
Welcome to your dream home in the gated and sold-out community of Waterston. This upgraded Smart Home is just over a year old and comes with all
the bells and whistles. Blue Spruce boasts 5 bedrooms & 3 bathrooms, offering ample space for comfortable living & entertaining. As you step inside,
you'll be greeted by natural light through the open floor plan. The well-appointed kitchen features upgraded appliances, ample cabinet space, walk in
pantry, & a large island perfect for casual dining and hosting gatherings. The oversized slider leads to an extended covered patio and a b... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
5.22
Remaining Loan Term
27 years, 5 months
Monthly PITI
$3,412.08/mo
Estimated Loan Balance
$542,829
Cash to close
$213,488
Interest Paid
$72,472

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Natural Gas
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

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: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family - Detached
  • Architectural Style: Contemporary
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2022
Details
  • Builder: Tri Point Homes

Community & HOA

Community
  • Subdivision: WATERSTON NORTH PHASE 1
  • Features: Community Spa, Community Pool, Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Waterston Commmunity
  • HOA Amenities: Unknown
  • HOA Fee: $165
  • HOA Frequency: $Monthly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $285.88
  • Tax Annual Amount: $2200
  • On Market Date: Jul 04, 2024
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Savings Calculator

Current cash to close is $213,488 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$
0%20%50%

You cover the entire equity of $213,488!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$515,512
Your Cash$213,488
Total Purchase Price:$729,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$3,012/mo
Traditional @ 7.15%
$3,834/mo
You save $822/month ($9,867/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6689953

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Jul 18, 2024 08:08am

© 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

$3,012 /mo
$3,697 /mo
$72,472 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 $213,488 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$
0%20%50%

You cover the entire equity of $213,488!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$515,512
Your Cash$213,488
Total Purchase Price:$729,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$3,012/mo
Traditional @ 7.15%
$3,834/mo
You save $822/month ($9,867/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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