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$360,500

($33,574 down)
FHA

23637 N DESERT Drive, Florence, AZ 85132

4
3
2,439 sqft
PITI Monthly
$2,555.08 /mo

Listing courtesy of: Laura Garcia De Leon, 1st Class Real Estate & Associates

Assumed Rate

6.26%
7.15%

Principal & Interest

$2,052 /mo
$2,248 /mo
$42,897 in interest paid off

What's Special

SHOPPING
ENTERTAINMENT
SPACIOUS
MODERN
MASTER SUITE
COZY
NEW GRANITE KITCHEN COUNTER TOPS! SEE NEW PHOTOS AND VIDEO! Just reduced for quick sale. Spacious and inviting two-story home featuring 4
bedrooms and 3 bathrooms, and an open-concept layout. The main floor boasts a modern kitchen with NEW GRANITE TOPS, and a cozy living area,
while upper level offers a luxurious master suite and additional bedrooms. Large back yard features premium lot that backs to a beautiful walking
trail. This home is perfect for family living and entertaining. A must see. Close to schools, shopping and entertainment venues. Vacant a... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.26
Remaining Loan Term
27 years, 11 months
Monthly PITI
$2,555.08/mo
Estimated Loan Balance
$328,293
Cash to close
$33,574
Interest Paid
$42,897

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Electric
Features
  • Materials: Stucco, Wood Frame, Painted
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Block, Partial, Wrought Iron
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: 2
  • Home type: Single Family Residence
  • Architectural Style:
Materials
  • Stucco, Wood Frame, Painted
  • Roof: Tile
Condition
  • Year Built: 2006
Details
  • Builder: DR HORTON

Community & HOA

Community
  • Subdivision: OASIS AT MAGIC RANCH UNIT II
  • Features: Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: THE OASIS AT MAGIC R
  • HOA Amenities: Unknown
  • HOA Fee: $62
  • HOA Frequency: $Monthly
Location
  • Region: Florence

Financial Details

  • Price per Sqft: $147.81
  • Tax Annual Amount: $1412
  • On Market Date: Oct 13, 2024
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Savings Calculator

Current cash to close is $33,574 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$
0%20%50%

You cover the entire equity of $33,574!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$326,926
Your Cash$33,574
Total Purchase Price:$360,500

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$2,052/mo
Traditional @ 7.15%
$2,249/mo
You save $197/month ($2,365/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6770611

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: May 05, 2025 10:30pm

© 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

6.26%
7.15%

Principal & Interest

$2,052 /mo
$2,248 /mo
$42,897 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 $33,574 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$
0%20%50%

You cover the entire equity of $33,574!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$326,926
Your Cash$33,574
Total Purchase Price:$360,500

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$2,052/mo
Traditional @ 7.15%
$2,249/mo
You save $197/month ($2,365/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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