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Closed
Closed

$619,999

($328,540 down)
VA

4061 E CARRIAGE Way, Gilbert, AZ 85297

4
3
2,902 sqft
PITI Monthly
$1,751.2 /mo

Listing courtesy of: Dawn M Forkenbrock, Real Broker

Assumed Rate

3.23%
7.15%

Principal & Interest

$1,382 /mo
$2,150 /mo
$47,238 in interest paid off

What's Special

LOCATION
MINUTES AWAY
SHOPPING
DINING
SPACIOUS
SOAKING TUB
SEPARATE SHOWER
WALKING TRAILS
PLAYGROUND
Welcome to Power Ranch, one of the most desirable communities in Gilbert, Arizona! In the community of Power Ranch, you'll enjoy access to
incredible community amenities, including 13 parks, walking trails, 2 fishing lakes, 2 pools, splash pads, playgrounds, tennis, softball, soccer fields,
basketball & more! This location is ideal sitting in between Queen Creek Marketplace & The San Tan Mall. You're just minutes away from shopping,
dining, & top-rated schools, making this the perfect place to call home. This exquisite 4 bedroom home, complete with an upstairs loft is f... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.23
Remaining Loan Term
25 years, 2 months
Monthly PITI
$1,751.2/mo
Estimated Loan Balance
$449,655
Cash to close
$328,540
Interest Paid
$47,238

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration, Programmable Thmstat, Ceiling Fan(s)
  • Heating: Natural Gas
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces: 3
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family - Detached
  • Architectural Style:
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2003
Details
  • Builder: Meritage

Community & HOA

Community
  • Subdivision: POWER RANCH NEIGHBORHOOD 1
  • Features: Pickleball Court(s), Community Spa Htd, Community Spa, Community Pool Htd, Community Pool, Community Media Room, Tennis Court(s), Racquetball, Playground, Biking/Walking Path, Clubhouse
HOA
  • Has HOA: Yes
  • HOA Name: Power Ranch
  • HOA Amenities: Unknown
  • HOA Fee: $348.75
  • HOA Frequency: $Quarterly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $213.65
  • Tax Annual Amount: $2432
  • On Market Date: Jul 06, 2024
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Savings Calculator

Current cash to close is $328,540 (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 $328,540!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$291,459
Your Cash:$328,540
Total Purchase Price:$619,999

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$1,382/mo
Traditional @ 7.15%
$2,230/mo
You save $848/month ($10,179/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6728060

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Nov 26, 2024 09:06am

© 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

3.23%
7.15%

Principal & Interest

$1,382 /mo
$2,150 /mo
$47,238 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 $328,540 (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 $328,540!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$291,459
Your Cash:$328,540
Total Purchase Price:$619,999

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$1,382/mo
Traditional @ 7.15%
$2,230/mo
You save $848/month ($10,179/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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