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Closed
Closed

$420,000

($221,225 down)
FHA

3148 W SAINT KATERI Drive, Phoenix, AZ 85041

3
2
1,658 sqft
PITI Monthly
$1,299.39 /mo

Listing courtesy of: Cynthia Sweet, List + Market Realty

Assumed Rate

2.74%
7.15%

Principal & Interest

$872 /mo
$1,445 /mo
$23,317 in interest paid off

What's Special

PATIO
SOLAR PANELS
Lovely 3 bed 2 bath home in a great neighborhood with friendly neighbors. Owner has made many upgrades to the home including new flooring,
mostly laminated plank, added security door, all new kitchen appliances, added water softenser and filtration system, solar panels with CURB system,
covered the patio, installed the pool, and more.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.74
Remaining Loan Term
25 years, 10 months
Monthly PITI
$1,299.39/mo
Estimated Loan Balance
$264,665
Cash to close
$221,225
Interest Paid
$23,317

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 2 Fireplace
  • Flooring: Carpet

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: 2004
Details
  • Builder: COURTLAND HOMES

Community & HOA

Community
  • Subdivision: LAVEEN VILLAGE AMD
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Laveen Village
  • HOA Amenities: Unknown
  • HOA Fee: $162
  • HOA Frequency: $Quarterly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $253.32
  • Tax Annual Amount: $1504
  • On Market Date: Jul 04, 2024
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Savings Calculator

Current cash to close is $221,225 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
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0%20%50%

You cover the entire equity of $221,225!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$198,775
Your Cash:$221,225
Total Purchase Price:$420,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$872/mo
Traditional @ 7.15%
$1,499/mo
You save $627/month ($7,521/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6703067

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Jun 12, 2024 09:47pm

© 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

2.74%
7.15%

Principal & Interest

$872 /mo
$1,445 /mo
$23,317 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.

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Savings Calculator

Current cash to close is $221,225 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$
0%20%50%

You cover the entire equity of $221,225!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$198,775
Your Cash:$221,225
Total Purchase Price:$420,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$872/mo
Traditional @ 7.15%
$1,499/mo
You save $627/month ($7,521/year)

*Secondary financing rates are an estimated value based on input

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May, 16 2025

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