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Closed
Closed

$350,000

($150,749 down)
FHA

17243 N 24TH Lane, Phoenix, AZ 85023

3
2
1,799 sqft
PITI Monthly
$1,452.56 /mo

Listing courtesy of: Jeffrey Aaron Daniels, Century 21 Arizona Foothills

Assumed Rate

3.1%
7.15%

Principal & Interest

$1,025 /mo
$1,622 /mo
$23,392 in interest paid off

What's Special

REMODELED
LOCATION
FRESH PAINT
SHOPPING
ENTERTAINMENT
MODERN
MASTER SUITE
PATIO
Highly sought-after North Phoenix Mid-Century Ranch, block construction - built to last! Exceptional location tucked into a cute neighborhood with
mature landscaping and neighborly charm, while also near the I-17 / SR101 and the shopping and restaurants on Bell Rd. Hard to find large lot with
room to play, space to garden, a covered patio, and that deep deep swimming pool to stay cool all Summer long. The bright airy Family Room off the
Remodeled Kitchen is perfect for an Office, Entertainment Space, or convert to a 4th Bedroom. You'll love the fresh paint, new carpet, an... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.1
Remaining Loan Term
26 years, 9 months
Monthly PITI
$1,452.56/mo
Estimated Loan Balance
$233,943
Cash to close
$150,749
Interest Paid
$23,392

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile, Concrete

Exterior

Fencing
  • Fencing: Block, Wood
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Block
  • Roof: Composition
Condition
  • Year Built: 1959
Details
  • Builder: UNK

Community & HOA

Community
  • Subdivision: VILLAGE MEADOWS 2
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $194.55
  • Tax Annual Amount: $1285
  • On Market Date: Mar 01, 2024
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Savings Calculator

Current cash to close is $150,749 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$
0%20%50%

You cover the entire equity of $150,749!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$199,251
Your Cash$150,749
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$1,025/mo
Traditional @ 7.15%
$1,682/mo
You save $657/month ($7,883/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6670690

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Jan 15, 2025 02:07am

© 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

3.1%
7.15%

Principal & Interest

$1,025 /mo
$1,622 /mo
$23,392 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 $150,749 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$
0%20%50%

You cover the entire equity of $150,749!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$199,251
Your Cash$150,749
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$1,025/mo
Traditional @ 7.15%
$1,682/mo
You save $657/month ($7,883/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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