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Closed
Closed

$625,000

($112,641 down)
VA

299 W DESERT Avenue, Gilbert, AZ 85233

4
3
2,283 sqft
PITI Monthly
$2,943.05 /mo

Listing courtesy of: Justin Brossart, Keller Williams Realty Phoenix

Assumed Rate

4.17%
7.15%

Principal & Interest

$2,591 /mo
$3,591 /mo
$64,827 in interest paid off

What's Special

SPACIOUS
This stunning 4-bedroom, 2.5-bathroom, 2-story home with a pool is now available for sale! This property boasts ample space for comfortable living
and entertaining, with a spacious layout perfect for families or those who love to host. The inviting pool area offers a relaxing retreat, ideal for cooling
off on hot summer days or enjoying a leisurely swim. The community has a lot to offer such as a beach volleyball court, tot lot andmore. Don't miss out
on the opportunity to make this beautiful home your own!
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.17
Remaining Loan Term
27 years, 0 months
Monthly PITI
$2,943.05/mo
Estimated Loan Balance
$522,644
Cash to close
$112,641
Interest Paid
$64,827

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Ceiling Fan(s), ENERGY STAR Qualified Equipment, Programmable Thmstat, Refrigeration
  • Heating: Natural Gas
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Living Room, Gas
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces: 3
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Play Pool, Heated, Private

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family - Detached
  • Architectural Style:
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 1998
Details
  • Builder: UDC

Community & HOA

Community
  • Subdivision: ARROWPOINT 2
  • Features:
HOA
  • Has HOA: Yes
  • HOA Name: kinney managment
  • HOA Amenities: Unknown
  • HOA Fee: $68
  • HOA Frequency: $Monthly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $273.76
  • Tax Annual Amount: $2225
  • On Market Date: Jul 04, 2024
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Savings Calculator

Current cash to close is $112,641 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$
0%20%50%

You cover the entire equity of $112,641!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$512,359
Your Cash$112,641
Total Purchase Price:$625,000

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$2,591/mo
Traditional @ 7.15%
$3,725/mo
You save $1,134/month ($13,611/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6715375

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Sep 06, 2024 11:28pm

© 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

4.17%
7.15%

Principal & Interest

$2,591 /mo
$3,591 /mo
$64,827 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 $112,641 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$
0%20%50%

You cover the entire equity of $112,641!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$512,359
Your Cash$112,641
Total Purchase Price:$625,000

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$2,591/mo
Traditional @ 7.15%
$3,725/mo
You save $1,134/month ($13,611/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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