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Closed
Closed

$599,999

($187,578 down)
FHA

5320 N 78TH Place, Scottsdale, AZ 85250

2
2
1,510 sqft
PITI Monthly
$3,036.29 /mo

Listing courtesy of: Suzanne Serafini, HomeSmart

Assumed Rate

6.26%
7.15%

Principal & Interest

$2,572 /mo
$2,818 /mo
$53,779 in interest paid off

What's Special

REMODELED
PATIO
CHARMING
An Oleander lined street leads to this quiet, private, ultra remodeled home in the Seville Park section of Villa Monterey. The great room floorpan is
highlighted by warm tones an open spaces.The chef's dream kitchen has new Bosch appliances with dual fuel range, incredible refrigerator and wine
cooler! The charming patio overlooks the large grass area and is a few short steps to the newly remodeled pool. This one is special, don't miss it! Home
has new roof, a/c, electrical upgrades, high end appliances in addition to full remodel.Age Restricted community, rentals are not allowed!
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.26
Remaining Loan Term
27 years, 11 months
Monthly PITI
$3,036.29/mo
Estimated Loan Balance
$414,082
Cash to close
$187,578
Interest Paid
$53,779

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Painted, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Foam
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: Townhouse
  • Architectural Style: Santa Barbara/Tuscan
Materials
  • Painted, Block
  • Roof: Foam
Condition
  • Year Built: 1973
Details
  • Builder: FRIEDMAN BROTHERS

Community & HOA

Community
  • Subdivision: VILLA MONTEREY 8B AMENDED
  • Features: Community Pool Htd, Community Pool
HOA
  • Has HOA: Yes
  • HOA Name: SEVILLE PARK
  • HOA Amenities: Unknown
  • HOA Fee: $1000
  • HOA Frequency: $Annually
Location
  • Region: Scottsdale

Financial Details

  • Price per Sqft: $397.35
  • Tax Annual Amount: $1275
  • On Market Date: Jul 04, 2024
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Savings Calculator

Current cash to close is $187,578 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$
0%20%50%

You cover the entire equity of $187,578!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$412,421
Your Cash$187,578
Total Purchase Price:$599,999

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$2,572/mo
Traditional @ 7.15%
$2,924/mo
You save $351/month ($4,217/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6675554

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: May 11, 2024 08:06am

© 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

6.26%
7.15%

Principal & Interest

$2,572 /mo
$2,818 /mo
$53,779 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 $187,578 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$
0%20%50%

You cover the entire equity of $187,578!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$412,421
Your Cash$187,578
Total Purchase Price:$599,999

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$2,572/mo
Traditional @ 7.15%
$2,924/mo
You save $351/month ($4,217/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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