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Closed
Closed

$310,000

($230,999 down)
FHA

8520 W PALM Lane UNIT 1068, Phoenix, AZ 85037

3
2
1,320 sqft
PITI Monthly
$706.34 /mo

Listing courtesy of: Luz Gamez, Equity Realty Group, LLC

Assumed Rate

4.01%
7.15%

Principal & Interest

$438 /mo
$619 /mo
$26,628 in interest paid off

What's Special

LOCATION
SHOPPING
DINING
SPACIOUS
MODERN
PATIO
CONVENIENT LOCATION
CHARMING
Welcome to this wonderful Home! 3 Bedroom 2 Bathroom. As you enter, you're greeted by a spacious open-concept living area, featuring tile floors
and large windows that provide natural light. New interior paint and tile flooring. The Master Bedroom with an-suite bathroom featuring, 2 separate
vanity sinks, and tiled shower/bath combo. 2 additional bedrooms with flexible living space. Step outside to your huge Cover private patio retreat, and
private fenced back yard ideal for enjoying Arizona's sunny weather and entertaining a shade cover to keep things cool. This charming p... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.01
Remaining Loan Term
22 years, 2 months
Monthly PITI
$706.34/mo
Estimated Loan Balance
$81,041
Cash to close
$230,999
Interest Paid
$26,628

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Block, Wood
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 1
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Unknown
Materials
  • Painted, Block
  • Roof: Composition
Condition
  • Year Built: 1988
Details
  • Builder: UNKNOWN

Community & HOA

Community
  • Subdivision: WESTFIELD 1 LOT 1-136 TR A-E
  • Features: Community Pool
HOA
  • Has HOA: Yes
  • HOA Name: Westfield HOA
  • HOA Amenities: Unknown
  • HOA Fee: $129
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $234.85
  • Tax Annual Amount: $645
  • On Market Date: Jul 04, 2024
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Savings Calculator

Current cash to close is $230,999 (75%)
You can enter any amount below - secondary financing will cover the difference if needed.
75%
$
0%20%50%

You cover the entire equity of $230,999!

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

Loan Breakdown

Assumed Mortgage4.01% Sellers Rate
$79,001
Your Cash:$230,999
Total Purchase Price:$310,000

Assumed vs Traditional Mortgage

Assumed @ 4.01%
$438/mo
Traditional @ 7.15%
$642/mo
You save $204/month ($2,446/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6712496

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Jul 26, 2024 08:08am

© 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

4.01%
7.15%

Principal & Interest

$438 /mo
$619 /mo
$26,628 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 $230,999 (75%)
You can enter any amount below - secondary financing will cover the difference if needed.
75%
$
0%20%50%

You cover the entire equity of $230,999!

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

Loan Breakdown

Assumed Mortgage4.01% Sellers Rate
$79,001
Your Cash:$230,999
Total Purchase Price:$310,000

Assumed vs Traditional Mortgage

Assumed @ 4.01%
$438/mo
Traditional @ 7.15%
$642/mo
You save $204/month ($2,446/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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