Property SearchContact
OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
primary-1
primary-2primary-3
Closed
Closed

$649,900

($384,149 down)
VA

218 W ROMA Avenue, Phoenix, AZ 85013

4
3
1,515 sqft
PITI Monthly
$1,626.16 /mo

Listing courtesy of: Kriste Melcher, My Home Group Real Estate

Assumed Rate

3.16%
7.15%

Principal & Interest

$1,240 /mo
$1,946 /mo
$41,130 in interest paid off

What's Special

FRESH PAINT
SHOPPING
ENTERTAINMENT
MODERN
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
HISTORIC
HISTORY MEETS MODERN CONVENIENCE IN THIS AMAZING HOME IN HEART OF THE MELROSE DISTRICT! IT STILL HAS HISTORIC CHARM W/ ORIGINAL
TELEPHONE STAND, BUILT IN SHELVES & FRONT OF HOME STILL HAS ORIGINAL CRANK WINDOWS! MAIN HOUSE HAS 3 BD/2 BA. UPDATED KITCHEN W/
STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS, BACKSPLASH, UPGRADED CABINETRY INCL. 42'' UPPERS, SOFT CLOSE, EXTRA LONG/DEEP
DRAWERS. BATHS UPDATED TO INCLUDE CUSTOM SHOWER & SHOWER/BATH COMBO W/ CLEAR GLASS DOORS & DECORATIVE, ONE OF A... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.16
Remaining Loan Term
25 years, 3 months
Monthly PITI
$1,626.16/mo
Estimated Loan Balance
$271,600
Cash to close
$384,149
Interest Paid
$41,130

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Natural Gas
Features
  • Materials: Painted, Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block, Wrought Iron
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
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: Ranch
Materials
  • Painted, Brick
  • Roof: Composition
Condition
  • Year Built: 1939
Details
  • Builder: unknown

Community & HOA

Community
  • Subdivision: Myrtle Park
  • Features: Transportation Svcs, Near Light Rail Stop, Near Bus Stop
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $428.98
  • Tax Annual Amount: $2635
  • On Market Date: Feb 29, 2024
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 $384,149 (59%)
You can enter any amount below - secondary financing will cover the difference if needed.
59%
$
0%20%50%

You cover the entire equity of $384,149!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$265,751
Your Cash:$384,149
Total Purchase Price:$649,900

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,240/mo
Traditional @ 7.15%
$2,019/mo
You save $779/month ($9,347/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6667059

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Jun 27, 2024 09:02pm

© 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

3.16%
7.15%

Principal & Interest

$1,240 /mo
$1,946 /mo
$41,130 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 $384,149 (59%)
You can enter any amount below - secondary financing will cover the difference if needed.
59%
$
0%20%50%

You cover the entire equity of $384,149!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$265,751
Your Cash:$384,149
Total Purchase Price:$649,900

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,240/mo
Traditional @ 7.15%
$2,019/mo
You save $779/month ($9,347/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Berkshire Hathaway HomeServices California Realty
Agent/Broker
Dave CoreyBerkshire Hathaway HomeServices California Realty(213) 505-2098berkshiresc@fyremail.netMLS
Resources
Apply to Assume
Navigate
BuyersSellersRealtorsBlogsContact
Get in Touch
(213) 505-2098berkshiresc@fyremail.net
Powered By UMe.

© 2025 Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices California Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
May, 17 2025

equal-housing

Berkshire Hathaway HomeServices California Realty © 2025 is committed to and abides by the Fair Housing Act of Equal Opportunity.

Terms and ConditionsPrivacy PolicySitemap

Get Started Now

Discover the power of assumable homes

​
​
​
​
I am a...
​
Who referred you?
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