Eric Saul, Designated Broker Your Home and Future, LLC

Eric Saul, Designated Broker Your Home and Future, LLC

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$299,999

($20,169 down)
FHA

1425 E DESERT COVE Avenue UNIT 49, Phoenix, AZ 85020

2
2
1,592 sqft
PITI Monthly
$2,030.86 /mo

Listing courtesy of: Sarah McNurlin, Arizona Best Real Estate

Assumed Rate

5.41%
7.15%

Principal & Interest

$1,623 /mo
$1,950 /mo

What's Special

SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
LUXURY
FIREPLACE
BALCONY
COZY

FHA approved unit! Experience Southwest Charm in North Phoenix! This home offers a stunning main bedroom with a beamed ceiling, cozy fireplace, walk-in closet, and a private balcony—plus, additional bedroom also includes its own private balcony. The spacious living room is beautifully updated with new luxury vinyl wide plank flooring and custom wood blinds on the lower level. Enjoy the warmth of two fireplaces, mountain and pool views from the front, and tranquil wash views from the back. Perfectly located with convenient access to the 51 freeway, dining, entertainment, shopping, and hiking trails. 5.75% assumable FHA loan

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.41
Remaining Loan Term
27 years, 5 months
Monthly PITI
$2,030.86/mo
Estimated Loan Balance
$280,904
Cash to close
$20,169
Interest Paid
$39,641

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Electric
Features
  • Materials: Synthetic Stucco, Steel Frame, Painted
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 2 Fireplaces
  • Flooring: Vinyl, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Rolled/Hot Mop
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: 2
  • Home type: Townhouse
  • Architectural Style: Territorial/Santa Fe
Materials
  • Synthetic Stucco, Steel Frame, Painted
  • Roof: Rolled/Hot Mop
Condition
  • Year Built: 1984
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: VILLA SANTA FE LOTS 1 THROUGH 70
  • Features: Community Spa, Community Pool
HOA
  • Has HOA: Yes
  • HOA Name: Santa Fe
  • HOA Amenities: Unknown
  • HOA Fee: $244.77
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $188.44
  • Tax Annual Amount: $643
  • On Market Date: 2024-11-08T00:00:00.000Z
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 $20,169 (7%)
You can enter any amount below - secondary financing will cover the difference if needed.
7%
$

You cover the entire equity of $20,169!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$279,830
Your Cash$20,169
Total Purchase Price:$299,999

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$1,623/mo
Traditional @ 7.5%
$2,022/mo
You save $400/month ($4,795/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6780345

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-05T18:32:16.000Z

© , 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

5.41%
7.15%

Principal & Interest

$1,623 /mo
$1,950 /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 $20,169 (7%)
You can enter any amount below - secondary financing will cover the difference if needed.
7%
$

You cover the entire equity of $20,169!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$279,830
Your Cash$20,169
Total Purchase Price:$299,999

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$1,623/mo
Traditional @ 7.5%
$2,022/mo
You save $400/month ($4,795/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home and Future, LLC
Agent/Broker
Eric Saul, Designated Broker Your Home and Future, LLCYour Home and Future, LLC(480) 241-1893eric@yourhomefuture.comMLS Br547725000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Your Home and Future, LLC are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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