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Closed
Closed

$538,900

($376,913 down)
FHA

16645 S 29TH Street, Phoenix, AZ 85048

4
3
1,748 sqft
PITI Monthly
$1,537.1 /mo

Listing courtesy of: Jessica Yarger, West USA Realty

Assumed Rate

3.68%
7.15%

Principal & Interest

$1,023 /mo
$1,505 /mo
$90,345 in interest paid off

What's Special

SPACIOUS
DECK
PATIO
Beautiful 4 bedroom, 2.5 bath, multi-level home with several upgrades! Spacious living room w/ grand staircase, cathedral ceilings & stellar natural light
gives quite the first impression when entering the home. Decadent chocolate wood-look tile is a nice contrast to the light & bright aesthetic throughout.
Established low maintenance landscape is also a plus! Grab your favorite tropical beverage and turn up Jimmy Buffett and relax in the beautiful blue
pebble tech pool! You'll find many big ticket items are already done: NEW HVAC (Trane), gas furnace & smart thermostat 2018. NEW pebb... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.68
Remaining Loan Term
17 years, 3 months
Monthly PITI
$1,537.1/mo
Estimated Loan Balance
$201,535
Cash to close
$376,913
Interest Paid
$90,345

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace
  • 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: Yes
  • Pool Features: Fenced, Private

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family - Detached
  • Architectural Style: Unknown
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 1994
Details
  • Builder: KB Homes

Community & HOA

Community
  • Subdivision: CAYS PAVILION
  • Features: Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Lakewood
  • HOA Amenities: Unknown
  • HOA Fee: $210
  • HOA Frequency: $Semi-Annually
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $308.3
  • Tax Annual Amount: $2271
  • On Market Date: Jun 06, 2024
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Savings Calculator

Current cash to close is $376,913 (70%)
You can enter any amount below - secondary financing will cover the difference if needed.
70%
$
0%20%50%

You cover the entire equity of $376,913!

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

Loan Breakdown

Assumed Mortgage3.68% Sellers Rate
$161,987
Your Cash:$376,913
Total Purchase Price:$538,900

Assumed vs Traditional Mortgage

Assumed @ 3.68%
$1,023/mo
Traditional @ 7.15%
$1,561/mo
You save $538/month ($6,457/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6708047

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Aug 28, 2024 02:50am

© 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

3.68%
7.15%

Principal & Interest

$1,023 /mo
$1,505 /mo
$90,345 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 $376,913 (70%)
You can enter any amount below - secondary financing will cover the difference if needed.
70%
$
0%20%50%

You cover the entire equity of $376,913!

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

Loan Breakdown

Assumed Mortgage3.68% Sellers Rate
$161,987
Your Cash:$376,913
Total Purchase Price:$538,900

Assumed vs Traditional Mortgage

Assumed @ 3.68%
$1,023/mo
Traditional @ 7.15%
$1,561/mo
You save $538/month ($6,457/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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