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Closed
Closed

$390,000

($93,681 down)
FHA

7119 W ROMA Avenue, Phoenix, AZ 85033

3
2
1,380 sqft
PITI Monthly
$1,816.53 /mo

Listing courtesy of: Miriam Quintero Estrada, My Home Group Real Estate

Assumed Rate

3.06%
7.15%

Principal & Interest

$1,356 /mo
$2,155 /mo
$36,693 in interest paid off

What's Special

MINUTES AWAY
SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
NO HOA
RENTAL INCOME
This spacious home offers 5 bedrooms and 3 bathrooms, with tile flooring throughout. One bedroom features a private entrance and bathroom, perfect
for generating rental income. The backyard is a retreat, featuring a pool for those hot Arizona days, along with a low-maintenance yard. With no HOA,
you'll have flexibility and freedom. Located with easy access to I-10 and the 101 Freeway, this home is also just minutes away from State Farm Stadium
and the Westgate Entertainment District, where you'll find shopping, dining, and entertainment options.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.06
Remaining Loan Term
26 years, 1 months
Monthly PITI
$1,816.53/mo
Estimated Loan Balance
$312,665
Cash to close
$93,681
Interest Paid
$36,693

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
Features
  • Materials: Synthetic Stucco, Painted, Stucco, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
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: Diving Pool, Fenced, Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style: Ranch
Materials
  • Synthetic Stucco, Painted, Stucco, Block
  • Roof: Composition
Condition
  • Year Built: 1970
Details
  • Builder: John F Long

Community & HOA

Community
  • Subdivision: MARYVALE TERRACE 35 EAST
  • Features: Biking/Walking Path
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $282.61
  • Tax Annual Amount: $1017
  • On Market Date: Sep 29, 2024
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Savings Calculator

Current cash to close is $93,681 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
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0%20%50%

You cover the entire equity of $93,681!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$296,319
Your Cash$93,681
Total Purchase Price:$390,000

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$1,356/mo
Traditional @ 7.15%
$2,236/mo
You save $880/month ($10,559/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6763017

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Mar 12, 2025 06:59pm

© 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

3.06%
7.15%

Principal & Interest

$1,356 /mo
$2,155 /mo
$36,693 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 $93,681 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$
0%20%50%

You cover the entire equity of $93,681!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$296,319
Your Cash$93,681
Total Purchase Price:$390,000

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$1,356/mo
Traditional @ 7.15%
$2,236/mo
You save $880/month ($10,559/year)

*Secondary financing rates are an estimated value based on input

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May, 16 2025

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