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Closed
Closed

$349,000

($160,311 down)
VA

16511 S 202ND Drive, Buckeye, AZ 85326

3
2
1,625 sqft
PITI Monthly
$1,219.3 /mo

Listing courtesy of: Tina Barton, HomeSmart

Assumed Rate

4.14%
7.15%

Principal & Interest

$1,007 /mo
$1,401 /mo
$48,085 in interest paid off

What's Special

NEW STOVE
OPEN CONCEPT
FIREPLACE
SOLAR PANELS
NO HOA
Listed well below appraised value.... seller will give up to 2.5% buyers concessions. No FHA. Great opportunity to own a move in ready home that sits on
over an acre+.!! The home has been updated, beautiful open concept. Fresh Interior & Exterior Paint, walk in closets, new stove, dishwasher,new
toilets, Split floorplan and over sized bedrooms. Kitchen offers granite counters, beautiful white cabinets, plenty of kitchen cabinet storage, new
laminate flooring, kitchen is the perfect layout for entertaining. Fully fenced, brick exterior shed, beautiful front entry with stone fireplace.... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.14
Remaining Loan Term
24 years, 1 months
Monthly PITI
$1,219.3/mo
Estimated Loan Balance
$240,517
Cash to close
$160,311
Interest Paid
$48,085

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Siding, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 2 Fireplace, Exterior Fireplace, Living Room
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Chain Link
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: Septic Tank
  • Water Source: Shared Well
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Mfg/Mobile Housing
  • Architectural Style:
Materials
  • Siding, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 2001
Details
  • Builder: Schultz

Community & HOA

Community
  • Subdivision: Rainbow Valley
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Buckeye

Financial Details

  • Price per Sqft: $214.77
  • Tax Annual Amount: $750
  • On Market Date: Nov 08, 2023
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Savings Calculator

Current cash to close is $160,311 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$
0%20%50%

You cover the entire equity of $160,311!

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

Loan Breakdown

Assumed Mortgage4.14% Sellers Rate
$188,689
Your Cash$160,311
Total Purchase Price:$349,000

Assumed vs Traditional Mortgage

Assumed @ 4.14%
$1,007/mo
Traditional @ 7.15%
$1,453/mo
You save $446/month ($5,352/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6626293

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Apr 13, 2024 08:10am

© 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

4.14%
7.15%

Principal & Interest

$1,007 /mo
$1,401 /mo
$48,085 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 $160,311 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$
0%20%50%

You cover the entire equity of $160,311!

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

Loan Breakdown

Assumed Mortgage4.14% Sellers Rate
$188,689
Your Cash$160,311
Total Purchase Price:$349,000

Assumed vs Traditional Mortgage

Assumed @ 4.14%
$1,007/mo
Traditional @ 7.15%
$1,453/mo
You save $446/month ($5,352/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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