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Closed
Closed

$429,500

($348,184 down)
FHA

5205 S 51ST Drive, Laveen, AZ 85339

4
2
1,866 sqft
PITI Monthly
$886.78 /mo

Listing courtesy of: Sarah Lynch, Charity Realty AZ Corp

Assumed Rate

3.41%
7.15%

Principal & Interest

$487 /mo
$740 /mo
$39,396 in interest paid off

What's Special

ENTERTAINMENT
SPACIOUS
MODERN
FIREPLACE
WALK-IN CLOSET
DECK
EFFICIENT
Welcome to this stunning 4-bedroom home with a versatile office/den space, perfect for modern living. The updated kitchen boasts clean lines, ample
counter space, and top-of-the-line appliances, seamlessly flowing into the great room with panoramic views of the expansive yard and sparkling pool.
The open and functional floor plan is bathed in natural light, highlighting features such as a gas fireplace, whole-house surround system, and
speakers—all included with the purchase. Retreat to the full primary bathroom with a luxurious garden tub and a spacious walk-in closet. ... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.41
Remaining Loan Term
17 years, 10 months
Monthly PITI
$886.78/mo
Estimated Loan Balance
$84,079
Cash to close
$348,184
Interest Paid
$39,396

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
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, Gas
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
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: Fenced, Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Unknown
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2005
Details
  • Builder: Elliot

Community & HOA

Community
  • Subdivision: RIVER WALK VILLAGES PHASE 2A
  • Features: Lake Subdivision, Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: River Walk Villages
  • HOA Amenities: Unknown
  • HOA Fee: $80
  • HOA Frequency: $Monthly
Location
  • Region: Laveen

Financial Details

  • Price per Sqft: $230.17
  • Tax Annual Amount: $2071
  • On Market Date: Mar 16, 2024
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Savings Calculator

Current cash to close is $348,184 (81%)
You can enter any amount below - secondary financing will cover the difference if needed.
81%
$
0%20%50%

You cover the entire equity of $348,184!

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

Loan Breakdown

Assumed Mortgage3.41% Sellers Rate
$81,316
Your Cash:$348,184
Total Purchase Price:$429,500

Assumed vs Traditional Mortgage

Assumed @ 3.41%
$487/mo
Traditional @ 7.15%
$768/mo
You save $281/month ($3,374/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6677312

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Jul 03, 2024 09:01pm

© 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

3.41%
7.15%

Principal & Interest

$487 /mo
$740 /mo
$39,396 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 $348,184 (81%)
You can enter any amount below - secondary financing will cover the difference if needed.
81%
$
0%20%50%

You cover the entire equity of $348,184!

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

Loan Breakdown

Assumed Mortgage3.41% Sellers Rate
$81,316
Your Cash:$348,184
Total Purchase Price:$429,500

Assumed vs Traditional Mortgage

Assumed @ 3.41%
$487/mo
Traditional @ 7.15%
$768/mo
You save $281/month ($3,374/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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