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Closed
Closed

$410,000

($205,198 down)
FHA

16601 N 28TH Place, Phoenix, AZ 85032

4
2
1,666 sqft
PITI Monthly
$1,542.62 /mo

Listing courtesy of: Gina Kent, Real Broker

Assumed Rate

3.97%
7.15%

Principal & Interest

$1,130 /mo
$1,605 /mo
$67,046 in interest paid off

What's Special

PATIO
CHARMING
COZY
Look no further! This is your chance to become the proud owner of this charming 4-bedroom home with new AC in 2022, water softener and RO in
Phoenix. You will be greeted by a perfectly flowing layout offering a designer color palette, ceramic tile flooring, arched doorways, and recessed
lighting. The eat-in kitchen boasts chocolate-stained cabinets adorned with crown moulding, tile counters, a chic mosaic backsplash, built-in appliances,
and a convenient pantry. The primary bedroom features plush carpet in all the right places, a private bathroom, and a generously sized cl... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.97
Remaining Loan Term
22 years, 4 months
Monthly PITI
$1,542.62/mo
Estimated Loan Balance
$225,967
Cash to close
$205,198
Interest Paid
$67,046

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • 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: Carpet, Vinyl, 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: 2008
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: BELL PARK 3
  • Features: Biking/Walking Path
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $246.1
  • Tax Annual Amount: $1128
  • On Market Date: Aug 03, 2024
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Savings Calculator

Current cash to close is $205,198 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$
0%20%50%

You cover the entire equity of $205,198!

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

Loan Breakdown

Assumed Mortgage3.97% Sellers Rate
$204,802
Your Cash:$205,198
Total Purchase Price:$410,000

Assumed vs Traditional Mortgage

Assumed @ 3.97%
$1,130/mo
Traditional @ 7.15%
$1,665/mo
You save $534/month ($6,413/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6739449

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Sep 06, 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

3.97%
7.15%

Principal & Interest

$1,130 /mo
$1,605 /mo
$67,046 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 $205,198 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$
0%20%50%

You cover the entire equity of $205,198!

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

Loan Breakdown

Assumed Mortgage3.97% Sellers Rate
$204,802
Your Cash:$205,198
Total Purchase Price:$410,000

Assumed vs Traditional Mortgage

Assumed @ 3.97%
$1,130/mo
Traditional @ 7.15%
$1,665/mo
You save $534/month ($6,413/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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