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Closed
Closed

$575,000

($356,428 down)
FHA

2014 E LIBRA Drive, Tempe, AZ 85283

4
2
1,737 sqft
PITI Monthly
$1,827.53 /mo

Listing courtesy of: Randy Courtney, Weichert, Realtors - Courtney Valleywide

Assumed Rate

4.05%
7.15%

Principal & Interest

$1,273 /mo
$1,791 /mo
$94,062 in interest paid off

What's Special

LOCATION
SERENE
DINING
MASTER SUITE
HOME OFFICE
Stunning 4-bed, 2-bath haven in Tempe! Nestled in a prime location, the interiors showcase a family room and separate dining the heart of the home,
the kitchen, features sleek appliances and ample cabinet space. Escape to the master suite with a private bath. Additional bedrooms, provide versatility
for guests or a home office. Step outside to the backyard oasis a private retreat with a sparkling pool, inviting you to unwind in the Arizona sun. Perfect
for entertaining or enjoying serene moments with family and friends. Proximity to vibrant city life, top-rated schools, and recreational spo... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.05
Remaining Loan Term
20 years, 4 months
Monthly PITI
$1,827.53/mo
Estimated Loan Balance
$245,473
Cash to close
$356,428
Interest Paid
$94,062

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Play Pool, Fenced, Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style: Ranch
Materials
  • Stucco, Wood Frame, Painted, Block
  • Roof: Composition
Condition
  • Year Built: 1979
Details
  • Builder: SUGGS

Community & HOA

Community
  • Subdivision: TEMPE ROYAL PALMS UNIT 16
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Tempe

Financial Details

  • Price per Sqft: $331.03
  • Tax Annual Amount: $2397
  • On Market Date: Jan 18, 2024
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Savings Calculator

Current cash to close is $356,428 (62%)
You can enter any amount below - secondary financing will cover the difference if needed.
62%
$
0%20%50%

You cover the entire equity of $356,428!

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

Loan Breakdown

Assumed Mortgage4.05% Sellers Rate
$218,572
Your Cash:$356,428
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 4.05%
$1,273/mo
Traditional @ 7.15%
$1,857/mo
You save $584/month ($7,008/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6642578

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: May 14, 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

4.05%
7.15%

Principal & Interest

$1,273 /mo
$1,791 /mo
$94,062 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 $356,428 (62%)
You can enter any amount below - secondary financing will cover the difference if needed.
62%
$
0%20%50%

You cover the entire equity of $356,428!

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

Loan Breakdown

Assumed Mortgage4.05% Sellers Rate
$218,572
Your Cash:$356,428
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 4.05%
$1,273/mo
Traditional @ 7.15%
$1,857/mo
You save $584/month ($7,008/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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