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Closed
Closed

$460,000

($402,282 down)
FHA

5264 E HOPI Avenue, Mesa, AZ 85206

3
3
1,899 sqft
PITI Monthly
$730.11 /mo

Listing courtesy of: Michelle A Boone, Coldwell Banker Realty

Assumed Rate

2.95%
7.15%

Principal & Interest

$339 /mo
$546 /mo
$25,739 in interest paid off

What's Special

REMODELED
GATED COMMUNITY
OPEN CONCEPT
SHOPPING
SPACIOUS
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
BALCONY
COMMUNITY POOL
PLAYGROUND
Come see this beautiful 3 bedroom 2.5 bath home nestled in the desirable San Michelle gated community. This home boasts a generous living room,
an open concept kitchen/family room with tons of natural light. The fully remodeled kitchen features beautiful white cabinetry, gorgeous granite
countertops, stainless steel appliances, and a large kitchen island. Upstairs you will find 3 spacious bedrooms and 2 full baths. Primary bedroom
includes an oversized closet, sliding glass doors to a balcony, dual sinks in the bathroom and a walk in shower. The San Michelle neighbor... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.95
Remaining Loan Term
17 years, 4 months
Monthly PITI
$730.11/mo
Estimated Loan Balance
$59,661
Cash to close
$402,282
Interest Paid
$25,739

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, 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: 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: 2001
Details
  • Builder: Great Western

Community & HOA

Community
  • Subdivision: SAN MICHELLE
  • Features: Gated Community, Community Pool, Playground
HOA
  • Has HOA: Yes
  • HOA Name: San Michelle
  • HOA Amenities: Unknown
  • HOA Fee: $144.7
  • HOA Frequency: $Monthly
Location
  • Region: Mesa

Financial Details

  • Price per Sqft: $242.23
  • Tax Annual Amount: $2008
  • On Market Date: Jul 04, 2024
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Savings Calculator

Current cash to close is $402,282 (87%)
You can enter any amount below - secondary financing will cover the difference if needed.
87%
$
0%20%50%

You cover the entire equity of $402,282!

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

Loan Breakdown

Assumed Mortgage2.95% Sellers Rate
$57,718
Your Cash:$402,282
Total Purchase Price:$460,000

Assumed vs Traditional Mortgage

Assumed @ 2.95%
$339/mo
Traditional @ 7.15%
$567/mo
You save $228/month ($2,734/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6686549

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Nov 14, 2024 08:16pm

© 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

2.95%
7.15%

Principal & Interest

$339 /mo
$546 /mo
$25,739 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 $402,282 (87%)
You can enter any amount below - secondary financing will cover the difference if needed.
87%
$
0%20%50%

You cover the entire equity of $402,282!

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

Loan Breakdown

Assumed Mortgage2.95% Sellers Rate
$57,718
Your Cash:$402,282
Total Purchase Price:$460,000

Assumed vs Traditional Mortgage

Assumed @ 2.95%
$339/mo
Traditional @ 7.15%
$567/mo
You save $228/month ($2,734/year)

*Secondary financing rates are an estimated value based on input

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May, 16 2025

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