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$415,000

($19,207 down)
FHA

1523 S 223rd Drive, Buckeye, AZ 85326

4
3
2,048 sqft
PITI Monthly
$3,024.46 /mo

Listing courtesy of: Martin C Sears, West USA Realty

Assumed Rate

5.81%
7.15%

Principal & Interest

$2,411 /mo
$2,772 /mo
$68,261 in interest paid off

What's Special

WALK-IN CLOSET
PATIO
Welcome to Coyote Ridge, where this fantastic home awaits you! Its charm starts with a 2-car garage, paver driveway, & a mature landscape. The
inviting interior showcases abundant natural light, a designer palette, chic light fixtures, tall ceilings, and tile floors w/carpet in bedrooms. The perfectly
flowing open layout is sure to impress! The impeccable kitchen boasts SS appliances, granite counters, glass tile backsplash, white shaker cabinetry, a
pantry, & an island w/breakfast bar. The versatile den can be an office. The main bedroom has an ensuite with dual sinks & a walk-in close... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.81
Remaining Loan Term
27 years, 1 months
Monthly PITI
$3,024.46/mo
Estimated Loan Balance
$396,775
Cash to close
$19,207
Interest Paid
$68,261

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Synthetic Stucco, Wood Frame, Painted, Stucco
  • 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: 1
  • Home type: Single Family Residence
  • Architectural Style: Ranch
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco
  • Roof: Tile
Condition
  • Year Built: 2022
Details
  • Builder: Meritage Homes

Community & HOA

Community
  • Subdivision: Coyote Ridge
  • Features: Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Coyote Ridge
  • HOA Amenities: Unknown
  • HOA Fee: $117
  • HOA Frequency: $Monthly
Location
  • Region: Buckeye

Financial Details

  • Price per Sqft: $202.64
  • Tax Annual Amount: $2076
  • On Market Date: Jan 31, 2025
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Savings Calculator

Current cash to close is $19,207 (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 $19,207!

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

Loan Breakdown

Assumed Mortgage5.81% Sellers Rate
$395,793
Your Cash$19,207
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 5.81%
$2,411/mo
Traditional @ 7.15%
$2,875/mo
You save $465/month ($5,575/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6813583

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Mar 31, 2025 06:53am

© 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

5.81%
7.15%

Principal & Interest

$2,411 /mo
$2,772 /mo
$68,261 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 $19,207 (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 $19,207!

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

Loan Breakdown

Assumed Mortgage5.81% Sellers Rate
$395,793
Your Cash$19,207
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 5.81%
$2,411/mo
Traditional @ 7.15%
$2,875/mo
You save $465/month ($5,575/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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