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$599,000

($200,991 down)
VA

917 W MCDOWELL Road, Phoenix, AZ 85007

4
2
1,922 sqft
PITI Monthly
$2,278.89 /mo

Listing courtesy of: Jimmy Alberto Dominguez, Realty ONE Group

Assumed Rate

2.74%
7.15%

Principal & Interest

$1,769 /mo
$2,931 /mo

What's Special

DINING
SPACIOUS
FIREPLACE
WALK-IN CLOSET
HISTORIC

Embrace the timeless charm of this red-brick home, ideally located in the highly sought-after FQ Story neighborhood. 4.5% assumable VA loan. Seller is also open to creative offers. Either could be considered with reasonable down payment. This historic gem features original details such as 9-foot beveled ceilings, French doors, classic windows, and stained concrete floors. The living room's high-beamed ceilings and period wood-burning fireplace add warmth and elegance, complemented by a formal dining room with original built-ins. The spacious eat-in kitchen showcases a vintage gas range and a practical interior laundry area. With four sizable bedrooms, each offering cedar-lined walk-in closets, and two beautifully preserved bathrooms, this home provides both comfort and style

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.74
Remaining Loan Term
25 years, 11 months
Monthly PITI
$2,278.89/mo
Estimated Loan Balance
$526,234
Cash to close
$200,991
Interest Paid
$46,390

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
Features
  • Materials: Synthetic Stucco, Wood Frame, Painted, Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room
  • Flooring: Concrete

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style:
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco
  • Roof: Composition
Condition
  • Year Built: 1930
Details
  • Builder: n/a

Community & HOA

Community
  • Subdivision: STORY ADDITION PLAT B
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $311.65
  • Tax Annual Amount: $4113
  • On Market Date: 2024-11-22T21:50:06.000Z
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 $200,991 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $200,991!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$398,009
Your Cash$200,991
Total Purchase Price:$599,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,769/mo
Traditional @ 7.5%
$3,041/mo
You save $1,271/month ($15,253/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6787378

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-29T00:23:42.000Z

© , 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

2.74%
7.15%

Principal & Interest

$1,769 /mo
$2,931 /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 $200,991 (34%)
You can enter any amount below - secondary financing will cover the difference if needed.
34%
$

You cover the entire equity of $200,991!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$398,009
Your Cash$200,991
Total Purchase Price:$599,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,769/mo
Traditional @ 7.5%
$3,041/mo
You save $1,271/month ($15,253/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.