Olivia Medina

Olivia Medina

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$589,000

($291,439 down)
FHA

1339 N TUCANA Lane, Gilbert, AZ 85234

4
2
2,274 sqft
PITI Monthly
$2,988.82 /mo

Listing courtesy of: Brian P Ramsey, Equity Star Realty

Assumed Rate

5.63%
7.15%

Principal & Interest

$2,515 /mo
$2,769 /mo

What's Special

SHOPPING
DINING
SPACIOUS
FIREPLACE
VAULTED CEILINGS
PATIO
LANDSCAPED
PLAYGROUND

Incredible value at $259 per square foot!!.. in one of Gilbert's most sought-after neighborhoods! Perfectly positioned near top-rated schools, vibrant parks, shopping, dining, and easy freeway access, this home offers unparalleled convenience. Just steps away, enjoy a fantastic park complete with a playground and basketball courts. This one story residence is filled with value add features like fully paid/owned $53K+ 29 panel solar system installed 6/2020 and 7/2023, tile flooring, vaulted ceilings, and decorative niches. Expansive split primary suite and abundant storage space deliver ultimate comfort. updated primary shower, family room with fireplace, formal living and dining areas, and a spacious open kitchen with center island. In total over $110K in updates, upgrades and additions including big ticket items like both HVAC systems, flooring, primary bathroom. French doors gracefully open to a fully landscaped yard, complete with an extended covered patio, perfect for outdoor gatherings. Plus, enjoy the proximity to the new Banner Hospital, schools, and shopping. Make this exceptional home yours today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.63
Remaining Loan Term
14 years, 4 months
Monthly PITI
$2,988.82/mo
Estimated Loan Balance
$303,271
Cash to close
$291,439
Interest Paid
$11,313

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Natural Gas
Features
  • Materials: Synthetic Stucco, Wood Frame, Painted, Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Family Room, Gas
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Concrete
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces: 3
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:
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco
  • Roof: Concrete
Condition
  • Year Built: 1996
Details
  • Builder: Shea Homes

Community & HOA

Community
  • Subdivision: CARRIAGE LANE 10
  • Features: Playground
HOA
  • Has HOA: Yes
  • HOA Name: Carriage Lane
  • HOA Amenities: Unknown
  • HOA Fee: $375
  • HOA Frequency: $Semi-Annually
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $259.01
  • Tax Annual Amount: $2004
  • On Market Date: 2025-03-07T00:00:00.000Z
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Apply to Assume

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Savings Calculator

Current cash to close is $291,439 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $291,439!

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

Loan Breakdown

Assumed Mortgage5.63% Sellers Rate
$297,561
Your Cash$291,439
Total Purchase Price:$589,000

Assumed vs Traditional Mortgage

Assumed @ 5.63%
$2,515/mo
Traditional @ 7.5%
$2,833/mo
You save $318/month ($3,815/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6828136

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-01T18:01:37.000Z

© , 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

5.63%
7.15%

Principal & Interest

$2,515 /mo
$2,769 /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 $291,439 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $291,439!

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

Loan Breakdown

Assumed Mortgage5.63% Sellers Rate
$297,561
Your Cash$291,439
Total Purchase Price:$589,000

Assumed vs Traditional Mortgage

Assumed @ 5.63%
$2,515/mo
Traditional @ 7.5%
$2,833/mo
You save $318/month ($3,815/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Porter Group AZ
Agent/Broker
Olivia MedinaPorter Group AZ(480) 779-7722olivia@portergroupaz.comMLS

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