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Closed
Closed

$365,000

($264,338 down)
FHA

1517 E SUNLAND Avenue, Phoenix, AZ 85040

3
2
1,280 sqft
PITI Monthly
$955.02 /mo

Listing courtesy of: Mari Sandoval, American Freedom Realty

Assumed Rate

4.34%
7.15%

Principal & Interest

$625 /mo
$849 /mo
$53,027 in interest paid off

What's Special

SERENE
SPACIOUS
WALK-IN CLOSET
CHARMING
Home, sweet home! Charming 3-bed, 2-bath property with no neighbors behind! Sweet curb appeal, RV gate, and 2-car garage. Great open layout with
durable tile flooring throughout, neutral paint, and abundant natural light. Cook delicious meals in the eat-in kitchen equipped with built-in appliances, a
pantry, plenty of cabinets, and ample counters. The main bedroom has a spacious walk-in closet for all your clothes and a private bathroom with dual
sinks for added comfort and privacy. Discover a serene backyard featuring lovely pavers, a grassy area, and a raised garden throughout t... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.34
Remaining Loan Term
19 years, 2 months
Monthly PITI
$955.02/mo
Estimated Loan Balance
$103,470
Cash to close
$264,338
Interest Paid
$53,027

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: 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: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2004
Details
  • Builder: CALEX HOMES

Community & HOA

Community
  • Subdivision: 16 ROESER PLACE
  • Features: Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Roeser Place
  • HOA Amenities: Unknown
  • HOA Fee: $51
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $285.16
  • Tax Annual Amount: $1093
  • On Market Date: Jul 04, 2024
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Savings Calculator

Current cash to close is $264,338 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
$
0%20%50%

You cover the entire equity of $264,338!

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

Loan Breakdown

Assumed Mortgage4.34% Sellers Rate
$100,662
Your Cash:$264,338
Total Purchase Price:$365,000

Assumed vs Traditional Mortgage

Assumed @ 4.34%
$625/mo
Traditional @ 7.15%
$881/mo
You save $256/month ($3,067/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6698447

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Oct 11, 2024 04:29pm

© 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

4.34%
7.15%

Principal & Interest

$625 /mo
$849 /mo
$53,027 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 $264,338 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
$
0%20%50%

You cover the entire equity of $264,338!

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

Loan Breakdown

Assumed Mortgage4.34% Sellers Rate
$100,662
Your Cash:$264,338
Total Purchase Price:$365,000

Assumed vs Traditional Mortgage

Assumed @ 4.34%
$625/mo
Traditional @ 7.15%
$881/mo
You save $256/month ($3,067/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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