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Closed
Closed

$320,000

($25,716 down)
FHA

22728 N CHASE Drive, Maricopa, AZ 85138

4
2
1,579 sqft
PITI Monthly
$2,267.74 /mo

Listing courtesy of: Kimberly Lotz, Redfin Corporation

Assumed Rate

5.41%
7.15%

Principal & Interest

$1,702 /mo
$2,045 /mo
$42,896 in interest paid off

What's Special

SPACIOUS
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
WALK-IN CLOSET
PATIO
Welcome to this inviting 4 bedroom, 2 bath home in Maricopa's Rancho El Dorado a beautiful Lake Community. The bright, open living area is perfect
for both relaxation and entertaining, boasting gleaming granite countertops and sleek stainless steel appliances in the kitchen. A large island with
pendant lighting provides both functionality and flair, making meal prep a pleasure. The spacious primary suite offers a walk-in closet and a luxurious
large shower. The well-sized secondary bedrooms offer ample space for family or guests. Step outside to the covered patio and envision y... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.41
Remaining Loan Term
27 years, 4 months
Monthly PITI
$2,267.74/mo
Estimated Loan Balance
$296,137
Cash to close
$25,716
Interest Paid
$42,896

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Natural Gas
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring:

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: Pvt Water Company
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: 2020
Details
  • Builder: Meritage Homes

Community & HOA

Community
  • Subdivision: RANCHO EL DORADO PHASE III PARCEL 46
  • Features:
HOA
  • Has HOA: Yes
  • HOA Name: Rancho El Dorado
  • HOA Amenities: Unknown
  • HOA Fee: $70
  • HOA Frequency: $Monthly
Location
  • Region: Maricopa

Financial Details

  • Price per Sqft: $202.66
  • Tax Annual Amount: $2412
  • On Market Date: Aug 29, 2024
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Savings Calculator

Current cash to close is $25,716 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
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0%20%50%

You cover the entire equity of $25,716!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$294,284
Your Cash$25,716
Total Purchase Price:$320,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$1,702/mo
Traditional @ 7.15%
$2,121/mo
You save $419/month ($5,030/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6747370

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Feb 03, 2025 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

5.41%
7.15%

Principal & Interest

$1,702 /mo
$2,045 /mo
$42,896 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 $25,716 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$
0%20%50%

You cover the entire equity of $25,716!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$294,284
Your Cash$25,716
Total Purchase Price:$320,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$1,702/mo
Traditional @ 7.15%
$2,121/mo
You save $419/month ($5,030/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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