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Closed
Closed

$390,000

($130,713 down)
FHA

4721 W MCRAE Way, Glendale, AZ 85308

3
2
1,168 sqft
PITI Monthly
$1,576.15 /mo

Listing courtesy of: Renee Kennell, Realty ONE Group

Assumed Rate

3.07%
7.15%

Principal & Interest

$1,160 /mo
$1,842 /mo
$27,600 in interest paid off

What's Special

LOCATION
SHOPPING
NO HOA
Dream home in great central location for buyers looking for NO HOA and TONS of STORAGE and PARKING for Large Trucks, Boats and RVs! This home
provides all the parking storage you could need and more. 2 RV gates on each side, extra wide driveway with concrete pad for extra parking by garage.
New low maintenance landscaping front and back, newer AC unit 2020 and interior has been freshly painted a nice, neutral bright color. Granite
counter tops, reverse osmosis and newer stainless-steel appliances are all in this darling kitchen. Easy access to the 101 and Arrowhead ... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.07
Remaining Loan Term
26 years, 7 months
Monthly PITI
$1,576.15/mo
Estimated Loan Balance
$264,667
Cash to close
$130,713
Interest Paid
$27,600

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Wood Frame, Painted, Slump Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, 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, Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Wood Frame, Painted, Slump Block
  • Roof: Composition
Condition
  • Year Built: 1983
Details
  • Builder: unknown

Community & HOA

Community
  • Subdivision: Woodridge Unit 5
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Glendale

Financial Details

  • Price per Sqft: $333.9
  • Tax Annual Amount: $876
  • On Market Date: Feb 19, 2024
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Savings Calculator

Current cash to close is $130,713 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
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0%20%50%

You cover the entire equity of $130,713!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$259,287
Your Cash$130,713
Total Purchase Price:$390,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,160/mo
Traditional @ 7.15%
$1,910/mo
You save $750/month ($9,005/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6663063

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Mar 29, 2024 08:07am

© 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

3.07%
7.15%

Principal & Interest

$1,160 /mo
$1,842 /mo
$27,600 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 $130,713 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$
0%20%50%

You cover the entire equity of $130,713!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$259,287
Your Cash$130,713
Total Purchase Price:$390,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,160/mo
Traditional @ 7.15%
$1,910/mo
You save $750/month ($9,005/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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