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Closed
Closed

$379,990

($167,248 down)
FHA

7356 W RAYMOND Street, Phoenix, AZ 85043

3
2
1,557 sqft
PITI Monthly
$1,487.11 /mo

Listing courtesy of: Rosa Sanchez, A.Z. & Associates

Assumed Rate

3.31%
7.15%

Principal & Interest

$1,072 /mo
$1,651 /mo
$37,809 in interest paid off

What's Special

REMODELED
SPACIOUS
MODERN
CUL-DE-SAC
Welcome to this stunning 3-bedroom home with a versatile den and 2 baths, nestled in a peaceful cul-de-sac on a desirable corner lot. This beautifully
maintained property offers a host of upgrades and features that will captivate you from the moment you arrive. Step inside to discover the recently
remodeled master bathroom, showcasing modern finishes and a luxurious feel. The home also boasts newer windows throughout, allowing for ample
natural light and energy efficiency. The spacious living areas are perfect for both relaxing and entertaining, with the den offering the flexi... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.31
Remaining Loan Term
25 years, 1 months
Monthly PITI
$1,487.11/mo
Estimated Loan Balance
$229,458
Cash to close
$167,248
Interest Paid
$37,809

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Natural Gas
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: 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: 1
  • Home type: Single Family - Detached
  • Architectural Style:
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 2000
Details
  • Builder: Richmond American

Community & HOA

Community
  • Subdivision: MARBELLA REPLAT
  • Features:
HOA
  • Has HOA: Yes
  • HOA Name: Marabella
  • HOA Amenities: Unknown
  • HOA Fee: $75
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $244.05
  • Tax Annual Amount: $1102
  • On Market Date: Aug 22, 2024
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Savings Calculator

Current cash to close is $167,248 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$
0%20%50%

You cover the entire equity of $167,248!

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

Loan Breakdown

Assumed Mortgage3.31% Sellers Rate
$212,742
Your Cash$167,248
Total Purchase Price:$379,990

Assumed vs Traditional Mortgage

Assumed @ 3.31%
$1,072/mo
Traditional @ 7.15%
$1,713/mo
You save $641/month ($7,689/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6747073

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Oct 16, 2024 08:10am

© 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

3.31%
7.15%

Principal & Interest

$1,072 /mo
$1,651 /mo
$37,809 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 $167,248 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$
0%20%50%

You cover the entire equity of $167,248!

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

Loan Breakdown

Assumed Mortgage3.31% Sellers Rate
$212,742
Your Cash$167,248
Total Purchase Price:$379,990

Assumed vs Traditional Mortgage

Assumed @ 3.31%
$1,072/mo
Traditional @ 7.15%
$1,713/mo
You save $641/month ($7,689/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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