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$400,000

($85,393 down)
VA

4015 W SOLAR Drive, Phoenix, AZ 85051

3
2
1,618 sqft
PITI Monthly
$2,235.07 /mo

Listing courtesy of: Aminta J Grant, Realty ONE Group

Assumed Rate

6.34%
7.15%

Principal & Interest

$1,990 /mo
$2,163 /mo

What's Special

OPEN CONCEPT
DINING
PATIO
NO HOA

Great Retro home, Great Bones with 3 good sized bedrooms, 2 bathrooms, 2 car garage and covered slabs (carport) situated on the corner of a cul de sac.. This home has a formal living room and great room open concept family room, dining area and newer kitchen, cool stained concrete floors. Lovely clear blue Pool has been maintained monthly for years. There are two patios for the best of entertaining, One is covered and the other is an enclosed AZ room. The shed conveys as do the appliances AS-IS with no warranties expressed or implied By the Seller. NO HOA!!!!!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.34
Remaining Loan Term
28 years, 2 months
Monthly PITI
$2,235.07/mo
Estimated Loan Balance
$315,581
Cash to close
$85,393
Interest Paid
$36,844

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas
Features
  • Materials: Painted, Block, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Wood, Concrete

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 4
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Block, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 1960
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: MELROSE SHADOWS
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $247.22
  • Tax Annual Amount: $1135
  • On Market Date: 2024-12-11T00:00:00.000Z
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Savings Calculator

Current cash to close is $85,393 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $85,393!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$314,607
Your Cash$85,393
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$1,990/mo
Traditional @ 7.5%
$2,243/mo
You save $253/month ($3,036/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6792352

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-04T21:53:10.000Z

© , 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

6.34%
7.15%

Principal & Interest

$1,990 /mo
$2,163 /mo
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 $85,393 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $85,393!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$314,607
Your Cash$85,393
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$1,990/mo
Traditional @ 7.5%
$2,243/mo
You save $253/month ($3,036/year)

*Secondary financing rates are an estimated value based on input

equal-housing

UMe Realty Group © is committed to and abides by the Fair Housing Act of Equal Opportunity.