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Closed
Closed

$525,000

($188,902 down)
FHA

8308 W FOREST GROVE Avenue, Tolleson, AZ 85353

5
3
3,434 sqft
PITI Monthly
$2,145.09 /mo

Listing courtesy of: Tierra Lemmerman, GemHaus

Assumed Rate

3.08%
7.15%

Principal & Interest

$1,544 /mo
$2,449 /mo
$42,823 in interest paid off

What's Special

SPACIOUS
MODERN
VAULTED CEILINGS
PATIO
COZY
Welcome to your dream home! This one-of-a-kind 5-bedroom property, PLUS a spacious den, is the most competitively priced for its size and upgrades
in the subdivision. You'll be immediately wowed by the tall vaulted ceilings that create an inviting open-concept design, blending coziness with modern
elegance. The kitchen is grand, offering ideal cabinet and counter space, along with a stylish backsplash. The large master bedroom easily
accommodates a cozy seating area or reading nook. Step outside to an entertainer's paradise with a sparkling 2-year-old pool, pristine tur... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.08
Remaining Loan Term
26 years, 0 months
Monthly PITI
$2,145.09/mo
Estimated Loan Balance
$337,457
Cash to close
$188,902
Interest Paid
$42,823

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Electric
Features
  • Materials: Synthetic Stucco, Wood Frame, Painted, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, 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: 2
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco
  • Roof: Tile
Condition
  • Year Built: 2005
Details
  • Builder: DR HORTON

Community & HOA

Community
  • Subdivision: 83RD AVE & LOWER BUCKEYE RD
  • Features: Playground
HOA
  • Has HOA: Yes
  • HOA Name: Volterra
  • HOA Amenities: Unknown
  • HOA Fee: $196
  • HOA Frequency: $Quarterly
Location
  • Region: Tolleson

Financial Details

  • Price per Sqft: $152.88
  • Tax Annual Amount: $2126
  • On Market Date: Sep 26, 2024
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Savings Calculator

Current cash to close is $188,902 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$
0%20%50%

You cover the entire equity of $188,902!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$336,098
Your Cash$188,902
Total Purchase Price:$525,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,544/mo
Traditional @ 7.15%
$2,540/mo
You save $996/month ($11,951/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6762551

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Nov 22, 2024 09:06am

© 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

3.08%
7.15%

Principal & Interest

$1,544 /mo
$2,449 /mo
$42,823 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 $188,902 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$
0%20%50%

You cover the entire equity of $188,902!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$336,098
Your Cash$188,902
Total Purchase Price:$525,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,544/mo
Traditional @ 7.15%
$2,540/mo
You save $996/month ($11,951/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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