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Closed
Closed

$499,000

($30,017 down)
FHA

2523 E TARO Lane, Phoenix, AZ 85050

3
2
1,468 sqft
PITI Monthly
$3,723.92 /mo

Listing courtesy of: Ali Wise, eXp Realty

Assumed Rate

6.78%
7.15%

Principal & Interest

$3,078 /mo
$3,196 /mo
$34,570 in interest paid off

What's Special

SHOPPING
MOVE-IN READY
GRANITE COUNTERTOPS
FIREPLACE
NO HOA
This wonderfully kept home with low-maintenance front and back yards is move-in ready! Nestled in the 85050 zip code, this home offers a welcoming
great room with a skylight and fireplace. All stainless steel kitchen appliances are included, as well as washer and dryer! Granite countertops and tile
throughout. Water softener also conveys with the home! New AC, new hot water heater, built-in bbq and pergola out back are great for entertaining!
NO HOA! Easy access to the 51 and the 101, and just minutes to schools, hospitals, restaurants, shopping and any other commuting necessities.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.78
Remaining Loan Term
28 years, 11 months
Monthly PITI
$3,723.92/mo
Estimated Loan Balance
$469,409
Cash to close
$30,017
Interest Paid
$34,570

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s), Programmable Thmstat, Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Family Room
  • Flooring: 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: Ranch
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 1995
Details
  • Builder: Dave Brown

Community & HOA

Community
  • Subdivision: DAVE BROWN AUTUMN HILLS 3
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $339.92
  • Tax Annual Amount: $1727
  • On Market Date: Jan 15, 2025
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Savings Calculator

Current cash to close is $30,017 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
$
0%20%50%

You cover the entire equity of $30,017!

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

Loan Breakdown

Assumed Mortgage6.78% Sellers Rate
$468,983
Your Cash$30,017
Total Purchase Price:$499,000

Assumed vs Traditional Mortgage

Assumed @ 6.78%
$3,078/mo
Traditional @ 7.15%
$3,196/mo
You save $118/month ($1,419/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6805053

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Feb 21, 2025 09:07am

© 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

6.78%
7.15%

Principal & Interest

$3,078 /mo
$3,196 /mo
$34,570 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 $30,017 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
$
0%20%50%

You cover the entire equity of $30,017!

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

Loan Breakdown

Assumed Mortgage6.78% Sellers Rate
$468,983
Your Cash$30,017
Total Purchase Price:$499,000

Assumed vs Traditional Mortgage

Assumed @ 6.78%
$3,078/mo
Traditional @ 7.15%
$3,196/mo
You save $118/month ($1,419/year)

*Secondary financing rates are an estimated value based on input

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May, 16 2025

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