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Closed

$417,000

($90,673 down)
FHA

7420 S 34TH Lane, Phoenix, AZ 85041

4
2
2,014 sqft
PITI Monthly
$2,181.14 /mo

Listing courtesy of: James Nardi, HomeSmart

Assumed Rate

3.1%
7.15%

Principal & Interest

$1,510 /mo
$2,389 /mo

What's Special

GATED COMMUNITY

SANTOLINA Gated Community. You will love this Home that features 4 large bedrooms, 2 Bathrooms & Great room with the Upgraded Gourmet Kitchen Package that comes with a Very Large Island plus GAS appliances (Stove, Double Oven, Water Heater & Furnace). Big Laundry Room and 2 Car Garage. Add this home to your Favs & come see today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.1
Remaining Loan Term
26 years, 10 months
Monthly PITI
$2,181.14/mo
Estimated Loan Balance
$335,067
Cash to close
$90,673
Interest Paid
$33,599

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, ENERGY STAR Qualified Equipment
  • Heating: ENERGY STAR Qualified Equipment, Natural Gas
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: 1
  • Home type: Single Family Residence
  • Architectural Style: Ranch
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco
  • Roof: Tile
Condition
  • Year Built: 2021
Details
  • Builder: KB

Community & HOA

Community
  • Subdivision: SANTOLINA AT SOUTH MOUNTAIN PHASE 2
  • Features: Gated
HOA
  • Has HOA: Yes
  • HOA Name: Santolina South Mtn
  • HOA Amenities: Unknown
  • HOA Fee: $125.5
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $207.05
  • Tax Annual Amount: $3246
  • On Market Date: 2024-12-20T13:30:03.000Z
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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $90,673 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $90,673!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$326,327
Your Cash$90,673
Total Purchase Price:$417,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$1,510/mo
Traditional @ 7.5%
$2,478/mo
You save $967/month ($11,610/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6796273

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-31T16:15:45.000Z

© , 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

3.1%
7.15%

Principal & Interest

$1,510 /mo
$2,389 /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 $90,673 (22%)
You can enter any amount below - secondary financing will cover the difference if needed.
22%
$

You cover the entire equity of $90,673!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$326,327
Your Cash$90,673
Total Purchase Price:$417,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$1,510/mo
Traditional @ 7.5%
$2,478/mo
You save $967/month ($11,610/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.