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Closed
Closed

$474,900

($51,483 down)
VA

1498 E MAGNUM Road, San Tan Valley, AZ 85140

6
3
2,991 sqft
PITI Monthly
$2,963.35 /mo

Listing courtesy of: Tyler Blair, eXp Realty

Assumed Rate

6.34%
7.15%

Principal & Interest

$2,657 /mo
$2,887 /mo
$51,395 in interest paid off

What's Special

LUXURY
GRANITE COUNTERTOPS
LANDSCAPED
Discover luxury living in Wayne Ranch! This upgraded 6-bed, 3-bath home offers 2,991 sq. ft. of designer touches. Custom tile, wood floors, and
wainscoting adorn the interiors. The gourmet kitchen boasts custom cabinets, granite countertops, and a stone backsplash. A loft with built-in desks
adds versatility. Outside, enjoy a landscaped yard. Located near schools and amenities, this home epitomizes comfort and convenience.
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.34
Remaining Loan Term
28 years, 1 months
Monthly PITI
$2,963.35/mo
Estimated Loan Balance
$426,298
Cash to close
$51,483
Interest Paid
$51,395

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 6
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile, Wood

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: Unknown
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2005
Details
  • Builder: unknown

Community & HOA

Community
  • Subdivision: WAYNE RANCH
  • Features: Playground
HOA
  • Has HOA: Yes
  • HOA Name: Wayne Ranch
  • HOA Amenities: Unknown
  • HOA Fee: $82.5
  • HOA Frequency: $Monthly
Location
  • Region: San Tan Valley

Financial Details

  • Price per Sqft: $158.78
  • Tax Annual Amount: $1673
  • On Market Date: Jul 04, 2024
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Savings Calculator

Current cash to close is $51,483 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
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0%20%50%

You cover the entire equity of $51,483!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$423,418
Your Cash$51,483
Total Purchase Price:$474,900

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$2,657/mo
Traditional @ 7.15%
$2,995/mo
You save $338/month ($4,053/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6674090

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: May 18, 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

6.34%
7.15%

Principal & Interest

$2,657 /mo
$2,887 /mo
$51,395 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 $51,483 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$
0%20%50%

You cover the entire equity of $51,483!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$423,418
Your Cash$51,483
Total Purchase Price:$474,900

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$2,657/mo
Traditional @ 7.15%
$2,995/mo
You save $338/month ($4,053/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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