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Closed
Closed

$524,995

($120,964 down)
VA

1912 S Falcon Drive, Gilbert, AZ 85295

4
3
2,159 sqft
PITI Monthly
$2,840.79 /mo

Listing courtesy of: Byron Applegate, Pivotal Real Estate Solutions, LLC

Assumed Rate

6.27%
7.15%

Principal & Interest

$2,525 /mo
$2,764 /mo
$54,907 in interest paid off

What's Special

SPACIOUS
COMMUNITY POOL
Don't miss out on this home! Clean and Fresh and Move In Ready! Spacious living and family rooms, walk in pantry, 4 spacious bedrooms, low
maintenance backyard, fresh exterior paint, OWNED SOLAR, HVAC was replaced less than 2 years ago and more. Throughout the community you will
enjoy large parks, children play areas and a community pool. All this and conveniently located near the Vibrant Cooley Station shops and restaurants as
well as the Loop 202 & Mesa Gateway Airport.
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.27
Remaining Loan Term
27 years, 10 months
Monthly PITI
$2,840.79/mo
Estimated Loan Balance
$408,444
Cash to close
$120,964
Interest Paid
$54,907

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • 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: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family - Detached
  • Architectural Style:
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2004
Details
  • Builder: William Lyon Homes

Community & HOA

Community
  • Subdivision: GATEWAY VILLAGE
  • Features: Community Pool, Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Brown Managment
  • HOA Amenities: Unknown
  • HOA Fee: $67
  • HOA Frequency: $Monthly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $243.17
  • Tax Annual Amount: $1790
  • On Market Date: Jul 04, 2024
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Savings Calculator

Current cash to close is $120,964 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$
0%20%50%

You cover the entire equity of $120,964!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$404,031
Your Cash$120,964
Total Purchase Price:$524,995

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$2,525/mo
Traditional @ 7.15%
$2,867/mo
You save $342/month ($4,104/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6678317

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: May 03, 2024 02:07pm

© 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

6.27%
7.15%

Principal & Interest

$2,525 /mo
$2,764 /mo
$54,907 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 $120,964 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$
0%20%50%

You cover the entire equity of $120,964!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$404,031
Your Cash$120,964
Total Purchase Price:$524,995

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$2,525/mo
Traditional @ 7.15%
$2,867/mo
You save $342/month ($4,104/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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