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Closed
Closed

$299,900

($0 down)*
VA

Potential short sale please verify with your agent.

8314 E DESERT Trail, Mesa, AZ 85208

3
2
1,456 sqft
PITI Monthly
$2,145.8 /mo

Listing courtesy of: Jason L Penrose, eXp Realty

Assumed Rate

6.43%
7.15%

Principal & Interest

$1,912 /mo
$2,058 /mo
$35,565 in interest paid off

What's Special

OPEN CONCEPT
DINING
SPACIOUS
WALK-IN CLOSET
PATIO
MOUNTAIN VIEWS
Welcome to this beautifully updated Southwest Adobe style home located in the highly sought-after Fountain of the Sun Community. The interior boasts
an open concept living, kitchen, and dining area with stunning new hardwood-style floors. The spacious primary suite features an ensuite bath with
double sinks, a large walk-in closet and a big stand-in shower. The home also includes plenty of upgrades, such as the versatile Arizona Room filled with
natural light, a beverage fridge, a large ba, and a den off the living room. Step outside to enjoy the large covered patio and fenced backy... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.43
Remaining Loan Term
28 years, 2 months
Monthly PITI
$2,145.8/mo
Estimated Loan Balance
$304,735
Cash to close
$0
Interest Paid
$35,565

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas, Floor Furnace, Wall Furnace
Features
  • Materials: Stucco, Wood Frame, Painted
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Linoleum

Exterior

Fencing
  • Fencing: Block, Wood
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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: Mfg/Mobile Housing
  • Architectural Style: Spanish
Materials
  • Stucco, Wood Frame, Painted
  • Roof: Composition
Condition
  • Year Built: 1995
Details
  • Builder: Redman

Community & HOA

Community
  • Subdivision: FOUNTAIN OF THE SUN PARCEL NO. 2
  • Features: Pickleball, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Community Media Room, Guarded Entry, Golf, Tennis Court(s), Biking/Walking Path, Clubhouse, Fitness Center
HOA
  • Has HOA: Yes
  • HOA Name: Fountain of The Sun
  • HOA Amenities: Unknown
  • HOA Fee: $310.75
  • HOA Frequency: $Quarterly
Location
  • Region: Mesa

Financial Details

  • Price per Sqft: $205.98
  • Tax Annual Amount: $1004
  • On Market Date: Jul 11, 2024
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Savings Calculator

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

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$299,900
Your Cash$0
Total Purchase Price:$299,900

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$1,912/mo
Traditional @ 7.15%
$2,135/mo
You save $223/month ($2,674/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6729365

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Jul 15, 2024 05:18pm

© 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

6.43%
7.15%

Principal & Interest

$1,912 /mo
$2,058 /mo
$35,565 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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$
0%20%50%

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$299,900
Your Cash$0
Total Purchase Price:$299,900

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$1,912/mo
Traditional @ 7.15%
$2,135/mo
You save $223/month ($2,674/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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