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Closed
Closed

$489,000

($238,749 down)
FHA

38005 W MONTSERRAT Street, Maricopa, AZ 85138

4
2
2,169 sqft
PITI Monthly
$1,815.49 /mo

Listing courtesy of: John Biddle, Redfin Corporation

Assumed Rate

3.62%
7.15%

Principal & Interest

$1,251 /mo
$1,854 /mo
$48,780 in interest paid off

What's Special

SHOPPING
DINING
SPACIOUS
Lovely 4 bed/2 bath single family home, it's an oasis of relaxation and tranquil living in the highly sought after Rancho Mirage Estates close to shopping,
dining and outdoors activities. Explore the desert wonders while enjoying leisure style living. Kitchen with upgraded features , plenty of cabinets,
Spacious living room, plenty of storage, double vanities bathroom, high 10' ceiling. Manicured backyard, perfect space to entertain friends and guests.
This well maintained and cared for home is awaiting new homeowners to cherish and enjoy.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.62
Remaining Loan Term
24 years, 10 months
Monthly PITI
$1,815.49/mo
Estimated Loan Balance
$310,843
Cash to close
$238,749
Interest Paid
$48,780

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Natural Gas
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring:

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: Pvt Water Company
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: 2019
Details
  • Builder: Shea Homes

Community & HOA

Community
  • Subdivision: RANCHO MIRAGE ESTATES PARCEL 3
  • Features:
HOA
  • Has HOA: Yes
  • HOA Name: Rancho Mirage
  • HOA Amenities: Unknown
  • HOA Fee: $105
  • HOA Frequency: $Monthly
Location
  • Region: Maricopa

Financial Details

  • Price per Sqft: $225.45
  • Tax Annual Amount: $2438
  • On Market Date: Aug 16, 2024
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Savings Calculator

Current cash to close is $238,749 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$
0%20%50%

You cover the entire equity of $238,749!

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

Loan Breakdown

Assumed Mortgage3.62% Sellers Rate
$250,251
Your Cash$238,749
Total Purchase Price:$489,000

Assumed vs Traditional Mortgage

Assumed @ 3.62%
$1,251/mo
Traditional @ 7.15%
$1,923/mo
You save $672/month ($8,065/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6745022

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Sep 26, 2024 05:49pm

© 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

3.62%
7.15%

Principal & Interest

$1,251 /mo
$1,854 /mo
$48,780 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 $238,749 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$
0%20%50%

You cover the entire equity of $238,749!

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

Loan Breakdown

Assumed Mortgage3.62% Sellers Rate
$250,251
Your Cash$238,749
Total Purchase Price:$489,000

Assumed vs Traditional Mortgage

Assumed @ 3.62%
$1,251/mo
Traditional @ 7.15%
$1,923/mo
You save $672/month ($8,065/year)

*Secondary financing rates are an estimated value based on input

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May, 16 2025

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