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Closed
Closed

$300,000

($111,023 down)
FHA

5896 E FLOWING SPRING --, Florence, AZ 85132

4
2
1,756 sqft
PITI Monthly
$1,218.08 /mo

Listing courtesy of: Joshua Asanovich, Keller Williams Realty Phoenix

Assumed Rate

2.77%
7.15%

Principal & Interest

$836 /mo
$1,379 /mo
$23,355 in interest paid off

What's Special

SPACIOUS
Welcome home! This beautiful house boasts a spacious split floor plan. The sizable master includes a walk in closet and master bathroom with double
sinks. On the other side of the home are the remaining three bedrooms and another full master bath. The large kitchen has a dedicated eat in area
that over looks the great room. The back yard is maintenance free or consider it a blank slate to make it your own. The home includes a 2 car
garage. Come check it out before it's gone.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.77
Remaining Loan Term
25 years, 8 months
Monthly PITI
$1,218.08/mo
Estimated Loan Balance
$192,141
Cash to close
$111,023
Interest Paid
$23,355

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
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, Laminate, Linoleum

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: Pvt Water Company
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 2003
Details
  • Builder: Centex Homes

Community & HOA

Community
  • Subdivision: OASIS SUNRISE
  • Features: Playground
HOA
  • Has HOA: Yes
  • HOA Name: Mirage at Magic Ranc
  • HOA Amenities: Unknown
  • HOA Fee: $70
  • HOA Frequency: $Monthly
Location
  • Region: Florence

Financial Details

  • Price per Sqft: $170.84
  • Tax Annual Amount: $1050
  • On Market Date: Jul 04, 2024
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Savings Calculator

Current cash to close is $111,023 (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 $111,023!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$188,977
Your Cash$111,023
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$836/mo
Traditional @ 7.15%
$1,431/mo
You save $595/month ($7,139/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6635418

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Aug 30, 2024 10:28pm

© 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

2.77%
7.15%

Principal & Interest

$836 /mo
$1,379 /mo
$23,355 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 $111,023 (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 $111,023!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$188,977
Your Cash$111,023
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$836/mo
Traditional @ 7.15%
$1,431/mo
You save $595/month ($7,139/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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