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Closed
Closed

$485,000

($69,946 down)
FHA

227 Polaris Ridge Avenue, Henderson, NV 89011

3
3
1,942 sqft
PITI Monthly
$3,197.64 /mo

Listing courtesy of: Alexandra Araujo, BHHS Nevada Properties

Assumed Rate

5.23%
7.15%

Principal & Interest

$2,358 /mo
$2,891 /mo
$62,166 in interest paid off

What's Special

GATED COMMUNITY
SEPARATE SHOWER
COMMUNITY POOL
PLAYGROUND
This two story home w/3 bedrooms and 2 1/2 baths w/a loft is like brand new Lennar Home! Home features blinds throughout with carpet and vinyl
flooring. Kitchen with quartz countertops, island/breakfast bar and walk-in pantry and all appliances are included! Primary bath with dual sinks and
separate shower & tub. Driveway has pavers leading to finished two car garage. Located in a gated community with community pool, playground, BBQ
areas and dog rest areas. Located less than one mile is the Cadence Central Park which features a 50-acre expanse of turf areas, an amp... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.23
Remaining Loan Term
27 years, 2 months
Monthly PITI
$3,197.64/mo
Estimated Loan Balance
$415,601
Cash to close
$69,946
Interest Paid
$62,166

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir, Electric
  • Heating: Central, Gas
Features
  • Materials: Frame, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Linoleum, Vinyl

Exterior

Fencing
  • Fencing: Block, BackYard
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Community

Construction

Type & Style
  • Stories:
  • Home type: SingleFamilyResidence
  • Architectural Style: TwoStory
Materials
  • Frame, Stucco
  • Roof: Tile
Condition
  • Year Built: 2022
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Galleria & McCormick
  • Features: Pool
HOA
  • Has HOA: Yes
  • HOA Name: Prime Community Mgmt
  • HOA Amenities: Unknown
  • HOA Fee: $0
  • HOA Frequency: $
Location
  • Region: Henderson

Financial Details

  • Price per Sqft: $249.74
  • Tax Annual Amount: $4433
  • On Market Date: Aug 06, 2024
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Savings Calculator

Current cash to close is $69,946 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
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0%20%50%

You cover the entire equity of $69,946!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$415,054
Your Cash$69,946
Total Purchase Price:$485,000

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$2,358/mo
Traditional @ 7.15%
$2,999/mo
You save $640/month ($7,685/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 2591969

Listing From:

Last updated: Sep 06, 2024 05:26pm

© 2025, GLVAR. 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

5.23%
7.15%

Principal & Interest

$2,358 /mo
$2,891 /mo
$62,166 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 $69,946 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$
0%20%50%

You cover the entire equity of $69,946!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$415,054
Your Cash$69,946
Total Purchase Price:$485,000

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$2,358/mo
Traditional @ 7.15%
$2,999/mo
You save $640/month ($7,685/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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