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Closed
Closed

$325,000

($54,448 down)
VA

2611 E OBREGON Street, Tempe, AZ 85288

3
2
1,130 sqft
PITI Monthly
$1,781.72 /mo

Listing courtesy of: Amir Farzaneh, Real Broker

Assumed Rate

5.52%
7.15%

Principal & Interest

$1,577 /mo
$1,872 /mo
$41,309 in interest paid off

What's Special

ENTERTAINMENT
CHARMING
COZY
**Seller is willing to contribute 2% credits to buyers rate buy-down/ closing costs**Welcome to your new oasis in Tempe, Arizona! Nestled in the
desirable neighborhood of Tempe Royal Palms, this charming residence offers both comfort and convenience. This single-story home boasts ample
space for relaxation and entertainment. As you step inside, you'll be greeted by an inviting living area, perfect for cozy evenings with family and friends.
Conveniently located near Tempe Marketplace, this home offers easy access to everything Tempe has to offer. Don't miss your opport... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
5.52
Remaining Loan Term
27 years, 3 months
Monthly PITI
$1,781.72/mo
Estimated Loan Balance
$274,429
Cash to close
$54,448
Interest Paid
$41,309

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: See Remarks
  • Heating: See Remarks
Features
  • Materials: Other
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring:

Exterior

Fencing
  • Fencing: See Remarks
Roof
  • Roof: Other
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 1
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Private

Construction

Type & Style
  • Stories: 1
  • Home type: Townhouse
  • Architectural Style:
Materials
  • Other
  • Roof: Other
Condition
  • Year Built: 1978
Details
  • Builder: N/A

Community & HOA

Community
  • Subdivision: OAKS 3
  • Features:
HOA
  • Has HOA: Yes
  • HOA Name: Gerson Realty
  • HOA Amenities: Unknown
  • HOA Fee: $207
  • HOA Frequency: $Monthly
Location
  • Region: Tempe

Financial Details

  • Price per Sqft: $287.61
  • Tax Annual Amount: $652
  • On Market Date: May 16, 2024
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Savings Calculator

Current cash to close is $54,448 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$
0%20%50%

You cover the entire equity of $54,448!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$270,552
Your Cash$54,448
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$1,577/mo
Traditional @ 7.15%
$1,942/mo
You save $365/month ($4,376/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6705931

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Apr 30, 2025 11:20pm

© 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

5.52%
7.15%

Principal & Interest

$1,577 /mo
$1,872 /mo
$41,309 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 $54,448 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$
0%20%50%

You cover the entire equity of $54,448!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$270,552
Your Cash$54,448
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$1,577/mo
Traditional @ 7.15%
$1,942/mo
You save $365/month ($4,376/year)

*Secondary financing rates are an estimated value based on input

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Dave CoreyBerkshire Hathaway HomeServices California Realty(213) 505-2098berkshiresc@fyremail.netMLS
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© 2025 Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices California Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
May, 16 2025

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