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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$139,500

($84,846 down)
FHA

537 N PALM Lane, Benson, AZ 85602

3
2
963 sqft
PITI Monthly
$553.37 /mo

Listing courtesy of: Paul Doherty, Tierra Antigua Realty, LLC

Assumed Rate

4.03%
7.15%

Principal & Interest

$300 /mo
$423 /mo
$16,879 in interest paid off

What's Special

DECK
You will fall in love with the character and charm of this home. You will immediately notice the inviting wrap-around deck, the perfect place to relax and
put your feet up. Inside is an inviting living space with warm wood trim. The kitchen has plenty of ample cabinet space with just the right countertops.
Off of the kitchen, you will find a large laundry room with additional storage. The master bedroom offers an ensuite bathroom. There are two additional
bedrooms and one additional bathroom. The third bedroom eases out onto a sitting room with views of the beautiful backyard. Do you ne... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.03
Remaining Loan Term
22 years, 10 months
Monthly PITI
$553.37/mo
Estimated Loan Balance
$55,231
Cash to close
$84,846
Interest Paid
$16,879

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Natural Gas
Features
  • Materials: Painted, Siding, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Reflective Coating, Built-Up, Rolled/Hot Mop
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: Septic Tank
  • Water Source: Pvt Water Company
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Mfg/Mobile Housing
  • Architectural Style: Ranch
Materials
  • Painted, Siding, Frame - Wood
  • Roof: Reflective Coating, Built-Up, Rolled/Hot Mop
Condition
  • Year Built: 1995
Details
  • Builder: unk

Community & HOA

Community
  • Subdivision: MESCAL LAKES 3
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Benson

Financial Details

  • Price per Sqft: $144.86
  • Tax Annual Amount: $706
  • On Market Date: Aug 24, 2024
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Savings Calculator

Current cash to close is $84,846 (61%)
You can enter any amount below - secondary financing will cover the difference if needed.
61%
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0%20%50%

You cover the entire equity of $84,846!

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

Loan Breakdown

Assumed Mortgage4.03% Sellers Rate
$54,654
Your Cash:$84,846
Total Purchase Price:$139,500

Assumed vs Traditional Mortgage

Assumed @ 4.03%
$300/mo
Traditional @ 7.15%
$439/mo
You save $139/month ($1,665/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6748222

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Oct 20, 2024 08:05am

© 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

4.03%
7.15%

Principal & Interest

$300 /mo
$423 /mo
$16,879 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 $84,846 (61%)
You can enter any amount below - secondary financing will cover the difference if needed.
61%
$
0%20%50%

You cover the entire equity of $84,846!

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

Loan Breakdown

Assumed Mortgage4.03% Sellers Rate
$54,654
Your Cash:$84,846
Total Purchase Price:$139,500

Assumed vs Traditional Mortgage

Assumed @ 4.03%
$300/mo
Traditional @ 7.15%
$439/mo
You save $139/month ($1,665/year)

*Secondary financing rates are an estimated value based on input

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May, 16 2025

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