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Closed
Closed

$640,000

($464,671 down)
FHA

22609 S 174TH Place, Gilbert, AZ 85298

4
2
1,920 sqft
PITI Monthly
$1,905.78 /mo

Listing courtesy of: Rebecca L Fields, West USA Realty

Assumed Rate

4.75%
7.15%

Principal & Interest

$1,353 /mo
$1,752 /mo
$165,601 in interest paid off

What's Special

SPACIOUS
NO HOA
Want to escape to the country but be minutes from all the city amenities? This is the property for you! Enjoy rural life on over a 42,000 sq ft IRRIGATED
lot with NO HOA! Gorgeous mature shade trees, pick your own home grown citrus from multiple citrus trees. Make your equestrian dreams come true
and bring your Quads, RV's, etc, as this lot offers lots of room for outdoor toys. This home offers a open floor plan with generous living areas, 4
bedrooms with spacious secondary bath. This property needs a little TLC but has amazing potential to be your dream home! Property is b... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.75
Remaining Loan Term
14 years, 1 months
Monthly PITI
$1,905.78/mo
Estimated Loan Balance
$177,292
Cash to close
$464,671
Interest Paid
$165,601

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Septic Tank
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style: Ranch
Materials
  • Stucco, Wood Frame, Painted
  • Roof: Tile
Condition
  • Year Built: 2001
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: Unknown
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $333.33
  • Tax Annual Amount: $2422
  • On Market Date: Jul 04, 2024
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Savings Calculator

Current cash to close is $464,671 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
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0%20%50%

You cover the entire equity of $464,671!

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

Loan Breakdown

Assumed Mortgage4.75% Sellers Rate
$175,329
Your Cash:$464,671
Total Purchase Price:$640,000

Assumed vs Traditional Mortgage

Assumed @ 4.75%
$1,353/mo
Traditional @ 7.15%
$1,818/mo
You save $464/month ($5,571/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6650759

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: May 15, 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

4.75%
7.15%

Principal & Interest

$1,353 /mo
$1,752 /mo
$165,601 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 $464,671 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$
0%20%50%

You cover the entire equity of $464,671!

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

Loan Breakdown

Assumed Mortgage4.75% Sellers Rate
$175,329
Your Cash:$464,671
Total Purchase Price:$640,000

Assumed vs Traditional Mortgage

Assumed @ 4.75%
$1,353/mo
Traditional @ 7.15%
$1,818/mo
You save $464/month ($5,571/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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