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Closed
Closed

$798,000

($369,994 down)
FHA

1805 E APPALOOSA Road, Gilbert, AZ 85296

5
3
3,331 sqft
PITI Monthly
$2,838.14 /mo

Listing courtesy of: Sarah Hightower, Real Broker

Assumed Rate

3.76%
7.15%

Principal & Interest

$2,081 /mo
$3,031 /mo
$50,561 in interest paid off

What's Special

FRESH PAINT
SHOPPING
DINING
SPACIOUS
MODERN
FIREPLACE
COZY
Welcome to your dream home in the heart of Gilbert! This beautifully updated property offers the perfect blend of modern amenities and classic
charm. With six spacious bedrooms and three luxurious bathrooms, there's plenty of room for the whole family. Key Features include. - New Flooring
and Fresh Paint: Step into a bright and fresh space with all-new flooring and a freshly painted interior, ready for your personal touch. Sparkling
FENCED Pool:** Enjoy Arizona's sunny weather in your own private pool, perfect for relaxation and entertaining. Two Living Rooms:** Plen... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.76
Remaining Loan Term
26 years, 11 months
Monthly PITI
$2,838.14/mo
Estimated Loan Balance
$539,077
Cash to close
$369,994
Interest Paid
$50,561

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • 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, Wood

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces: 3
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Play Pool, Private

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family - Detached
  • Architectural Style:
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 1996
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: RANCHO CIMARRON
  • Features: Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Rancho Cimarron HOA
  • HOA Amenities: Unknown
  • HOA Fee: $44
  • HOA Frequency: $Monthly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $239.57
  • Tax Annual Amount: $2676
  • On Market Date: Aug 02, 2024
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Savings Calculator

Current cash to close is $369,994 (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 $369,994!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$428,006
Your Cash$369,994
Total Purchase Price:$798,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$2,081/mo
Traditional @ 7.15%
$3,144/mo
You save $1,063/month ($12,756/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6735349

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Sep 26, 2024 11:57pm

© 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

3.76%
7.15%

Principal & Interest

$2,081 /mo
$3,031 /mo
$50,561 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 $369,994 (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 $369,994!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$428,006
Your Cash$369,994
Total Purchase Price:$798,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$2,081/mo
Traditional @ 7.15%
$3,144/mo
You save $1,063/month ($12,756/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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