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Closed
Closed

$149,000

($54,767 down)
FHA

48 LOWELL Avenue, Bisbee, AZ 85603

3
1
906 sqft
PITI Monthly
$717.05 /mo

Listing courtesy of: Edwin Marc, Realty Executives

Assumed Rate

3.07%
7.15%

Principal & Interest

$426 /mo
$676 /mo
$9,890 in interest paid off

What's Special

HISTORIC
CHARMING
Welcome to this charming 3 bedroom 1 bathroom home located in the heart of Bisbee, Arizona. This home has a lot to offer but also needs someone to
see the potential it holds. There is a good-sized backyard with beautiful simple landscaping. Bisbee is a very unique and charming town with lots of
historic landmarks. This property is currently tenant occupied so only serious buyers.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.07
Remaining Loan Term
26 years, 8 months
Monthly PITI
$717.05/mo
Estimated Loan Balance
$95,330
Cash to close
$54,767
Interest Paid
$9,890

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas
Features
  • Materials: Siding, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Linoleum

Exterior

Fencing
  • Fencing: Chain Link
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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
  • Siding, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 1949
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: EAST GALENA
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Bisbee

Financial Details

  • Price per Sqft: $164.46
  • Tax Annual Amount: $846
  • On Market Date: Oct 09, 2024
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Savings Calculator

Current cash to close is $54,767 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$
0%20%50%

You cover the entire equity of $54,767!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$94,233
Your Cash$54,767
Total Purchase Price:$149,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$426/mo
Traditional @ 7.15%
$701/mo
You save $275/month ($3,305/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6768826

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Feb 14, 2025 01:57am

© 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

$426 /mo
$676 /mo
$9,890 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 $54,767 (37%)
You can enter any amount below - secondary financing will cover the difference if needed.
37%
$
0%20%50%

You cover the entire equity of $54,767!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$94,233
Your Cash$54,767
Total Purchase Price:$149,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$426/mo
Traditional @ 7.15%
$701/mo
You save $275/month ($3,305/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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