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Closed
Closed

$385,000

($119,466 down)
FHA

1940 W EXPRESSMAN Street, Apache Junction, AZ 85120

3
2
1,306 sqft
PITI Monthly
$2,263.32 /mo

Listing courtesy of: Robyn A Plyler, West USA Realty

Assumed Rate

6.81%
7.15%

Principal & Interest

$1,766 /mo
$1,828 /mo
$42,488 in interest paid off

What's Special

GATED COMMUNITY
SPACIOUS
MODERN
MOUNTAIN VIEWS
SAFE
CHARMING
Welcome to your own oasis in the gated community of Stagecoach Trails! This charming 3-bedroom, 2-bathroom home is truly a gem. Just past the low
maintenance desert front yard, you'll be welcomed by the pristine condition and spacious layout of this contemporary abode. The open-concept living
area provides an effortless flow throughout the house, making it perfect for entertaining guests or spending quality time with family. The large kitchen
boasts stylish countertops, black appliances, and ample storage space, allowing you to channel your inner chef. The natural light pouring i... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.81
Remaining Loan Term
27 years, 8 months
Monthly PITI
$2,263.32/mo
Estimated Loan Balance
$274,699
Cash to close
$119,466
Interest Paid
$42,488

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s), ENERGY STAR Qualified Equipment
  • Heating: Electric, ENERGY STAR Qualified Equipment
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: 1
  • Home type: Single Family - Detached
  • Architectural Style:
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2019
Details
  • Builder: Kauffman Homes

Community & HOA

Community
  • Subdivision: STAGECOACH TRAILS SUBDIVISION 2016029477
  • Features: Gated Community, Community Pool, Playground, Clubhouse, Fitness Center
HOA
  • Has HOA: Yes
  • HOA Name: Stagecoach Trails
  • HOA Amenities: Unknown
  • HOA Fee: $165
  • HOA Frequency: $Monthly
Location
  • Region: Apache Junction

Financial Details

  • Price per Sqft: $294.79
  • Tax Annual Amount: $1864
  • On Market Date: Sep 20, 2024
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Savings Calculator

Current cash to close is $119,466 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$
0%20%50%

You cover the entire equity of $119,466!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$265,534
Your Cash$119,466
Total Purchase Price:$385,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$1,766/mo
Traditional @ 7.15%
$1,896/mo
You save $130/month ($1,559/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6760336

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Nov 11, 2024 11:07pm

© 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

6.81%
7.15%

Principal & Interest

$1,766 /mo
$1,828 /mo
$42,488 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 $119,466 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$
0%20%50%

You cover the entire equity of $119,466!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$265,534
Your Cash$119,466
Total Purchase Price:$385,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$1,766/mo
Traditional @ 7.15%
$1,896/mo
You save $130/month ($1,559/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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