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$480,000

($480,000 down)
FHA

42424 N 3rd Street, Phoenix, AZ 85086

2
2
1,371 sqft
PITI Monthly
$2,504.29 /mo

Listing courtesy of: John Rowan, Momentum Brokers LLC

Assumed Rate

%
7.15%

Principal & Interest

$1,950 /mo
$2,933 /mo
$0 in interest paid off

What's Special

SOLAR PANELS
Private oasis with room for horses and expansion. See this unique property and enjoy private living at its best with room for horses and expansion.
Solar panels are on a lease to own program.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
Remaining Loan Term
29 years, 7 months
Monthly PITI
$2,504.29/mo
Estimated Loan Balance
$433,143
Cash to close
$480,000
Interest Paid
$0

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Electric
Features
  • Materials: Stucco, Wood Frame, Painted
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block, Partial
Roof
  • Roof: Built-Up, Foam
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Septic in & Cnctd, Septic Tank
  • Water Source: Private Well
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style: Territorial/Santa Fe
Materials
  • Stucco, Wood Frame, Painted
  • Roof: Built-Up, Foam
Condition
  • Year Built: 1994
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: Pt of Sec 17, T6N, R3E
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $350.11
  • Tax Annual Amount: $2263
  • On Market Date: Apr 10, 2025
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Savings Calculator

Current cash to close is $480,000 (100%)
You can enter any amount below - secondary financing will cover the difference if needed.
100%
$
0%20%50%

You cover the entire equity of $480,000!

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

Loan Breakdown

Assumed Mortgage% Sellers Rate
$0
Your Cash:$480,000
Total Purchase Price:$480,000

Assumed vs Traditional Mortgage

Assumed @ %
$1,950/mo
Traditional @ 7.15%
$3,042/mo
You save $1,092/month ($13,108/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6849354

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: May 11, 2025 03:00pm

© 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

%
7.15%

Principal & Interest

$1,950 /mo
$2,933 /mo
$0 in interest paid off
Inquire about this property
​
​
​
​
​

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 $480,000 (100%)
You can enter any amount below - secondary financing will cover the difference if needed.
100%
$
0%20%50%

You cover the entire equity of $480,000!

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

Loan Breakdown

Assumed Mortgage% Sellers Rate
$0
Your Cash:$480,000
Total Purchase Price:$480,000

Assumed vs Traditional Mortgage

Assumed @ %
$1,950/mo
Traditional @ 7.15%
$3,042/mo
You save $1,092/month ($13,108/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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