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Closed
Closed

$530,000

($179,831 down)
FHA

8015 S Galileo Lane Lane, Tucson, AZ 85747

3
2
2,039 sqft
PITI Monthly
$2,848.51 /mo

Listing courtesy of: 20161102165826651897000000, Vail Realty

Assumed Rate

5.23%
7.15%

Principal & Interest

$2,055 /mo
$2,519 /mo
$52,602 in interest paid off

What's Special

OPEN CONCEPT
SPACIOUS
LUXURY
Tranquility, serenity, peace... Apt descriptors of this gorgeous home in the prestigious Academy Village. Wholly like new at only two years old and
having never been lived in full time - most rooms have never even seen furniture! Wall-filling windows capture world class views of the pristine desert
flora. Extended, secluded back porch grants ample space to soak in the tranquility without the burden of extensive yard work. Indoors, high style and
Zen-like flow abounds in every detail. Open concept spaciousness perfectly balances daily comfort and entertaining prestige. Two guest b... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.23
Remaining Loan Term
27 years, 3 months
Monthly PITI
$2,848.51/mo
Estimated Loan Balance
$361,133
Cash to close
$179,831
Interest Paid
$52,602

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, ENERGY STAR Qualified Equipment
  • Heating: ENERGY STAR/ACCA RSI Qualified Installation, Forced Air, Natural Gas
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Ceramic Tile

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Built-Up - Reflect, Membrane
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Connected
  • Water Source: Active Water Mgmt, Water Company
Pool
  • Has Pool: Yes
  • Pool Features: Unknown

Construction

Type & Style
  • Stories: One
  • Home type: Single Family Residence
  • Architectural Style: Contemporary, Santa Fe
Materials
  • Unknown
  • Roof: Built-Up - Reflect, Membrane
Condition
  • Year Built: 2022
Details
  • Builder: Miramonte

Community & HOA

Community
  • Subdivision: Academy Village
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: The Academy Village
  • HOA Amenities: Unknown
  • HOA Fee: $245.00
  • HOA Frequency: $Monthly
Location
  • Region: Tucson

Financial Details

  • Price per Sqft: $259.93
  • Tax Annual Amount: $4356.01
  • On Market Date: Jun 20, 2024
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Savings Calculator

Current cash to close is $179,831 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$
0%20%50%

You cover the entire equity of $179,831!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$350,169
Your Cash$179,831
Total Purchase Price:$530,000

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$2,055/mo
Traditional @ 7.15%
$2,613/mo
You save $558/month ($6,696/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 22415500

Listing From: MLS of Southern Arizona

Last updated: Dec 13, 2024 10:59pm

© 2025, MLS of Southern Arizona. 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

5.23%
7.15%

Principal & Interest

$2,055 /mo
$2,519 /mo
$52,602 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 $179,831 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$
0%20%50%

You cover the entire equity of $179,831!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$350,169
Your Cash$179,831
Total Purchase Price:$530,000

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$2,055/mo
Traditional @ 7.15%
$2,613/mo
You save $558/month ($6,696/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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