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Closed
Closed

$955,000

($392,294 down)
VA

826 S 131ST Street, Gilbert, AZ 85233

4
3
2,469 sqft
PITI Monthly
$3,738.74 /mo

Listing courtesy of: Joshua Bernal, HomeSmart

Assumed Rate

5.52%
7.15%

Principal & Interest

$3,297 /mo
$3,913 /mo
$86,344 in interest paid off

What's Special

SERENE
SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
MODERN
PATIO
NO HOA
Welcome to your beautiful custom red brick residence in White Fence Farms, situated on a serene 1-acre No HOA, horse property lot in the heart of
Gilbert. This rare gem offers comfort and modern convenience. Featuring a spacious split floor plan with 4 bedrooms and 3 full bathrooms, this home
provides ample space for everyone. The primary bedroom includes French doors leading outside, while the guest suite offers its own bathroom and
private entry. Enjoy custom southwestern tile flooring and countertops, carpet in the bedrooms, and a kitchen with new appliances and a ... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
5.52
Remaining Loan Term
27 years, 3 months
Monthly PITI
$3,738.74/mo
Estimated Loan Balance
$572,955
Cash to close
$392,294
Interest Paid
$86,344

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Painted, Brick, Slump Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block, Wrought Iron
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces: 3
Water
  • Sewer: Septic in & Cnctd
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style: Ranch, Spanish, Territorial/Santa Fe
Materials
  • Painted, Brick, Slump Block
  • Roof: Tile
Condition
  • Year Built: 1998
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: WHITE FENCE FARMS UNIT 2
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $386.8
  • Tax Annual Amount: $2700
  • On Market Date: Aug 30, 2024
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Savings Calculator

Current cash to close is $392,294 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$
0%20%50%

You cover the entire equity of $392,294!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$562,706
Your Cash$392,294
Total Purchase Price:$955,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$3,297/mo
Traditional @ 7.15%
$4,059/mo
You save $762/month ($9,146/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6750558

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Mar 25, 2025 05:05pm

© 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

5.52%
7.15%

Principal & Interest

$3,297 /mo
$3,913 /mo
$86,344 in interest paid off
Inquire about this property
​
​
​
​
​

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 $392,294 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$
0%20%50%

You cover the entire equity of $392,294!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$562,706
Your Cash$392,294
Total Purchase Price:$955,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$3,297/mo
Traditional @ 7.15%
$4,059/mo
You save $762/month ($9,146/year)

*Secondary financing rates are an estimated value based on input

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May, 16 2025

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