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Closed
Closed

$260,000

($60,628 down)
FHA

8214 N 21ST Drive UNIT A105, Phoenix, AZ 85021

2
2
1,282 sqft
PITI Monthly
$1,375.2 /mo

Listing courtesy of: Jeffrey Donovan, Keller Williams Realty Sonoran Living

Assumed Rate

4.17%
7.15%

Principal & Interest

$1,011 /mo
$1,402 /mo
$25,306 in interest paid off

What's Special

SPACIOUS
RENOVATED
FIREPLACE
PATIO
COMMUNITY POOL
CLUBHOUSE
TENNIS COURTS
Newly updated first floor condominium in El Caro Villas. 2 bedroom 2 bath with plenty of updates. Spacious living area with fireplace, newly updated tile
floors, and both bathrooms fully renovated will make this move in ready condo your next home. Spend your evenings on your private back patio or at
one of the community pools, clubhouse or tennis courts. Plenty of parking with a one car private detached garage, designated covered space, and slab
parking. Convenient to freeways, ammenities, gym and lightrail.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.17
Remaining Loan Term
27 years, 0 months
Monthly PITI
$1,375.2/mo
Estimated Loan Balance
$202,191
Cash to close
$60,628
Interest Paid
$25,306

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Tile, Built-Up
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Fenced

Construction

Type & Style
  • Stories: 2
  • Home type: Apartment Style/Flat
  • Architectural Style: Spanish
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Tile, Built-Up
Condition
  • Year Built: 1983
Details
  • Builder: unknown

Community & HOA

Community
  • Subdivision: EL CARO VILLAS CONDOMINIUM AMD
  • Features: Gated Community, Community Pool, Tennis Court(s), Clubhouse
HOA
  • Has HOA: Yes
  • HOA Name: El Caro Villas
  • HOA Amenities: Unknown
  • HOA Fee: $354.9
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $202.81
  • Tax Annual Amount: $801
  • On Market Date: Jul 22, 2024
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Savings Calculator

Current cash to close is $60,628 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$
0%20%50%

You cover the entire equity of $60,628!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$199,373
Your Cash$60,628
Total Purchase Price:$260,000

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$1,011/mo
Traditional @ 7.15%
$1,454/mo
You save $443/month ($5,313/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6734485

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Oct 11, 2024 09:01am

© 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

4.17%
7.15%

Principal & Interest

$1,011 /mo
$1,402 /mo
$25,306 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 $60,628 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$
0%20%50%

You cover the entire equity of $60,628!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$199,373
Your Cash$60,628
Total Purchase Price:$260,000

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$1,011/mo
Traditional @ 7.15%
$1,454/mo
You save $443/month ($5,313/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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