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Closed
Closed

$460,000

($53,275 down)
FHA

361 W ORGAN PIPE Drive, San Tan Valley, AZ 85140

4
3
1,946 sqft
PITI Monthly
$3,109.39 /mo

Listing courtesy of: Donette Monsen, Elite Partners

Assumed Rate

6.54%
7.15%

Principal & Interest

$2,616 /mo
$2,783 /mo
$53,322 in interest paid off

What's Special

SPACIOUS
LUXURY
STAINLESS STEEL APPLIANCES
CHARMING
Discover the perfect blend of luxury and comfort at this home in the charming Parks community. This exquisite home features a sparkling pool with
water feature, stunning granite counters, a gas stove, and sleek stainless steel appliances, all centered around a spacious island perfect for
entertaining. Enjoy top-rated schools, beautiful parks, and convenient amenities that make The Parks community a sought-after destination. Don't miss
out on this incredible opportunity to live your dream lifestyle!
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.54
Remaining Loan Term
28 years, 0 months
Monthly PITI
$3,109.39/mo
Estimated Loan Balance
$407,516
Cash to close
$53,275
Interest Paid
$53,322

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

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:
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2020
Details
  • Builder: Lennar

Community & HOA

Community
  • Subdivision: THE PARKS PARCEL C 2018040898
  • Features: Playground
HOA
  • Has HOA: Yes
  • HOA Name: The Parks
  • HOA Amenities: Unknown
  • HOA Fee: $67.5
  • HOA Frequency: $Monthly
Location
  • Region: San Tan Valley

Financial Details

  • Price per Sqft: $236.38
  • Tax Annual Amount: $1660
  • On Market Date: Jun 24, 2024
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Savings Calculator

Current cash to close is $53,275 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
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0%20%50%

You cover the entire equity of $53,275!

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

Loan Breakdown

Assumed Mortgage6.54% Sellers Rate
$406,725
Your Cash$53,275
Total Purchase Price:$460,000

Assumed vs Traditional Mortgage

Assumed @ 6.54%
$2,616/mo
Traditional @ 7.15%
$2,887/mo
You save $272/month ($3,258/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6722478

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Sep 25, 2024 10:02pm

© 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

6.54%
7.15%

Principal & Interest

$2,616 /mo
$2,783 /mo
$53,322 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 $53,275 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$
0%20%50%

You cover the entire equity of $53,275!

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

Loan Breakdown

Assumed Mortgage6.54% Sellers Rate
$406,725
Your Cash$53,275
Total Purchase Price:$460,000

Assumed vs Traditional Mortgage

Assumed @ 6.54%
$2,616/mo
Traditional @ 7.15%
$2,887/mo
You save $272/month ($3,258/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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