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Closed
Closed

$574,995

($138,813 down)
FHA

3028 E FRIESS Drive, Phoenix, AZ 85032

3
3
2,032 sqft
PITI Monthly
$3,401.04 /mo

Listing courtesy of: Luis E Mata, HomeSmart

Assumed Rate

6.26%
7.15%

Principal & Interest

$2,734 /mo
$2,996 /mo
$57,172 in interest paid off

What's Special

REMODELED
LOCATION
DINING
FIREPLACE
DECK
PATIO
BALCONY
NO HOA
PRICE REDUCED
PRICE REDUCED!!!-NO HOA!!- GREAT LOCATION! Completely remodeled, well maintained, including new roof underlayment (title Roof), another 15 to
20 years with two years of warranty. Electrical System inspected and maintained. Recently, the pool deck was refinished & maintenance. Pluming
working well with no issues. 3 bedrooms 2 &1/2 baths and a loft that opens onto a balcony with views of the pebble tec pool. Ample natural light, family
room, fireplace, separate living and dining areas. NEW kitchen appliances! Updated Balcony. The backyard is perfect for a family & cover... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.26
Remaining Loan Term
27 years, 11 months
Monthly PITI
$3,401.04/mo
Estimated Loan Balance
$443,210
Cash to close
$138,813
Interest Paid
$57,172

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Electric
Features
  • Materials: Stucco, Wood Frame, Painted
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Living Room
  • Flooring: Tile

Exterior

Fencing
  • Fencing: 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: Yes
  • Pool Features: Fenced, Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style: Contemporary
Materials
  • Stucco, Wood Frame, Painted
  • Roof: Tile
Condition
  • Year Built: 1996
Details
  • Builder: UNK

Community & HOA

Community
  • Subdivision: CIMARRON HILLS 3
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $282.97
  • Tax Annual Amount: $2229
  • On Market Date: Sep 11, 2024
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Savings Calculator

Current cash to close is $138,813 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$
0%20%50%

You cover the entire equity of $138,813!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$436,182
Your Cash$138,813
Total Purchase Price:$574,995

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$2,734/mo
Traditional @ 7.15%
$2,997/mo
You save $263/month ($3,152/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6755440

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: May 06, 2025 08:10am

© 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

$2,734 /mo
$2,996 /mo
$57,172 in interest paid off
Inquire about this property
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​
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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 $138,813 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$
0%20%50%

You cover the entire equity of $138,813!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$436,182
Your Cash$138,813
Total Purchase Price:$574,995

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$2,734/mo
Traditional @ 7.15%
$2,997/mo
You save $263/month ($3,152/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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