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Closed
Closed

$700,000

($380,964 down)
VA

2208 E INDIAN WELLS Drive, Gilbert, AZ 85298

4
3
2,878 sqft
PITI Monthly
$1,832.57 /mo

Listing courtesy of: Heather Openshaw, Keller Williams Integrity First

Assumed Rate

2.89%
7.15%

Principal & Interest

$1,434 /mo
$2,330 /mo
$42,699 in interest paid off

What's Special

SERENE
PATIO
CLUBHOUSE
WALKING TRAILS
CHARMING
Welcome to this stunning single-level home nestled in the charming neighborhood of Adora Trails, located in Southeast Gilbert. Boasting just under 2900
sq ft of living space, this home features 4 bedrooms, 3 bathrooms, and a den. The kitchen is a chef's dream with granite counters, upgraded cabinets,
and a gourmet kitchen setup complemented by a sleek glass subway tile backsplash. The exterior and interior was freshly painted less than 2 years ago
and the home showcases shutters throughout. Outside, enjoy the expansive patio, complete with a fire pit and built-in seating, perfect for ... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.89
Remaining Loan Term
25 years, 6 months
Monthly PITI
$1,832.57/mo
Estimated Loan Balance
$320,363
Cash to close
$380,964
Interest Paid
$42,699

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Programmable Thmstat, Evaporative Cooling, Ceiling Fan(s)
  • Heating: Natural Gas
Features
  • Materials: Blown Cellulose, Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Fire Pit
  • Flooring: Carpet, Vinyl, 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: Spanish
Materials
  • Blown Cellulose, Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2013
Details
  • Builder: Taylor Morrison

Community & HOA

Community
  • Subdivision: MOUNTAINWOOD PARCEL D
  • Features: Community Pool Htd, Playground, Biking/Walking Path, Clubhouse, Fitness Center
HOA
  • Has HOA: Yes
  • HOA Name: Adora Trails HOA
  • HOA Amenities: Unknown
  • HOA Fee: $104
  • HOA Frequency: $Monthly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $243.22
  • Tax Annual Amount: $2781
  • On Market Date: Jul 04, 2024
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Savings Calculator

Current cash to close is $380,964 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$
0%20%50%

You cover the entire equity of $380,964!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$319,036
Your Cash:$380,964
Total Purchase Price:$700,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,434/mo
Traditional @ 7.15%
$2,417/mo
You save $983/month ($11,794/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6664331

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Apr 19, 2024 08:05am

© 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

2.89%
7.15%

Principal & Interest

$1,434 /mo
$2,330 /mo
$42,699 in interest paid off
Inquire about this property
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​
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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 $380,964 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$
0%20%50%

You cover the entire equity of $380,964!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$319,036
Your Cash:$380,964
Total Purchase Price:$700,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,434/mo
Traditional @ 7.15%
$2,417/mo
You save $983/month ($11,794/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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