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Closed
Closed

$625,000

($235,151 down)
VA

175 E SPUR Avenue, Gilbert, AZ 85296

4
2
2,179 sqft
PITI Monthly
$2,081.86 /mo

Listing courtesy of: Mike Warren, HomeSmart Lifestyles

Assumed Rate

3.07%
7.15%

Principal & Interest

$1,741 /mo
$2,764 /mo
$40,446 in interest paid off

What's Special

LOCATION
DINING
LUXURY
PATIO
Location! Location! Location! This 4 bedroom, 2 bathroom, 2179sf house is located in central Gilbert, just down the road from trendy downtown Gilbert
with all its restaurants and shops. So much to love about this house and location! Your kitchen is big and open with room for casual dining. So much
cabinet and counter space, including a kitchen island. Stainless steel kitchen appliances are brand new (June 2023). Living room is part of the open floor
plan with the kitchen and casual dining area. The family room incorporates a large custom bookshelf with rolling ladder on one wall. You ... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.07
Remaining Loan Term
26 years, 8 months
Monthly PITI
$2,081.86/mo
Estimated Loan Balance
$391,331
Cash to close
$235,151
Interest Paid
$40,446

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
Features
  • Materials: Stucco, Wood Frame, Painted
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2.5
  • Carport: Yes
  • Carport Spaces: 2.5
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Heated, Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style: Ranch
Materials
  • Stucco, Wood Frame, Painted
  • Roof: Tile
Condition
  • Year Built: 1997
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: Country Lane
  • Features:
HOA
  • Has HOA: Yes
  • HOA Name: Country Lane HOA
  • HOA Amenities: Unknown
  • HOA Fee: $175
  • HOA Frequency: $Quarterly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $286.83
  • Tax Annual Amount: $2093
  • On Market Date: Jul 04, 2024
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Savings Calculator

Current cash to close is $235,151 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$
0%20%50%

You cover the entire equity of $235,151!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$389,849
Your Cash$235,151
Total Purchase Price:$625,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,741/mo
Traditional @ 7.15%
$2,867/mo
You save $1,126/month ($13,514/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6578769

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: May 07, 2025 02:10am

© 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

3.07%
7.15%

Principal & Interest

$1,741 /mo
$2,764 /mo
$40,446 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 $235,151 (38%)
You can enter any amount below - secondary financing will cover the difference if needed.
38%
$
0%20%50%

You cover the entire equity of $235,151!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$389,849
Your Cash$235,151
Total Purchase Price:$625,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,741/mo
Traditional @ 7.15%
$2,867/mo
You save $1,126/month ($13,514/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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