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Closed
Closed

$464,900

($295,936 down)
VA

3350 W PHELPS Road, Phoenix, AZ 85053

3
2
1,820 sqft
PITI Monthly
$1,320.08 /mo

Listing courtesy of: Jonathan Knutson, HomeSmart

Assumed Rate

3.87%
7.15%

Principal & Interest

$1,011 /mo
$1,452 /mo
$69,378 in interest paid off

What's Special

REMODELED
FIREPLACE
FLEX SPACE
DECK
PATIO
**Seller offering 2/1 buydown - your interest rate reduced by 2% first year and 1% second year!! HUGE SAVINGS ** Talk about fully loaded! This north
Phoenix home has been meticulously upgraded and cared for. The kitchen has been completely remodeled to include white shaker cabinets, quartz
counters and SS appliances. Wood look tile throughout the living areas. Fully enclosed patio with dedicated A/C adds a ton of additional opportunity for
flex space. Recently refinished wood burning brick fireplace is gorgeous! Other recent upgrades include sand finish stucco exterior, updat... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.87
Remaining Loan Term
20 years, 10 months
Monthly PITI
$1,320.08/mo
Estimated Loan Balance
$183,254
Cash to close
$295,936
Interest Paid
$69,378

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Block
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
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: Diving Pool, Fenced, Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Stucco, Block
  • Roof: Composition
Condition
  • Year Built: 1978
Details
  • Builder: unk

Community & HOA

Community
  • Subdivision: RANCHO ENCANTO UNIT ONE
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $255.44
  • Tax Annual Amount: $1714
  • On Market Date: Jul 04, 2024
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Savings Calculator

Current cash to close is $295,936 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$
0%20%50%

You cover the entire equity of $295,936!

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

Loan Breakdown

Assumed Mortgage3.87% Sellers Rate
$168,964
Your Cash:$295,936
Total Purchase Price:$464,900

Assumed vs Traditional Mortgage

Assumed @ 3.87%
$1,011/mo
Traditional @ 7.15%
$1,507/mo
You save $496/month ($5,952/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6673981

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: May 14, 2024 09:53pm

© 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

3.87%
7.15%

Principal & Interest

$1,011 /mo
$1,452 /mo
$69,378 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 $295,936 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$
0%20%50%

You cover the entire equity of $295,936!

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

Loan Breakdown

Assumed Mortgage3.87% Sellers Rate
$168,964
Your Cash:$295,936
Total Purchase Price:$464,900

Assumed vs Traditional Mortgage

Assumed @ 3.87%
$1,011/mo
Traditional @ 7.15%
$1,507/mo
You save $496/month ($5,952/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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