Olivia Medina

Olivia Medina

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$389,900

($46,463 down)
FHA

15268 W MELISSA Lane, Surprise, AZ 85374

3
2
1,667 sqft
PITI Monthly
$2,634.89 /mo

Listing courtesy of: Brian DeFord, RE/MAX Desert Showcase

Assumed Rate

6.11%
7.15%

Principal & Interest

$2,144 /mo
$2,387 /mo

What's Special

SPACIOUS
STAINLESS STEEL APPLIANCES
VAULTED CEILINGS
WALK-IN CLOSET
PATIO
CHARMING

Welcome home! Presenting this charming 3-bedroom residence with a 2-car garage in Kingswood Park Community! Discover tile flooring, neutral palette, ceiling fans, and vaulted ceilings that create an open, airy ambiance. Inviting living room and the large great room filled with natural light are thoughtfully designed for entertaining or relaxation. Open-concept kitchen provides stainless steel appliances, plenty of cabinetry, a center island with a breakfast bar, and granite counters. Retreat to the primary bedroom, offering a walk-in closet, a private bathroom with dual sinks, and direct outdoor access. In addition, this house includes a dedicated den/office with a bay window and French doors. Spacious backyard has a covered patio and a gazebo. Don't miss this amazing deal!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.11
Remaining Loan Term
27 years, 7 months
Monthly PITI
$2,634.89/mo
Estimated Loan Balance
$343,830
Cash to close
$46,463
Interest Paid
$51,434

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Other
Features
  • Materials: Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Sewer in & Cnctd, Public Sewer
  • Water Source: Pvt Water Company
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Contemporary
Materials
  • Stucco, Frame - Wood
  • Roof: Tile
Condition
  • Year Built: 1998
Details
  • Builder: Continental

Community & HOA

Community
  • Subdivision: CONTINENTAL AT KINGSWOOD AMENDED
  • Features: Lake Subdivision, Tennis Court(s), Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Kingswood Parke HOA
  • HOA Amenities: Unknown
  • HOA Fee: $125
  • HOA Frequency: $Quarterly
Location
  • Region: Surprise

Financial Details

  • Price per Sqft: $233.89
  • Tax Annual Amount: $1090
  • On Market Date: 2025-02-01T10:50:02.000Z
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 $46,463 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $46,463!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$343,437
Your Cash$46,463
Total Purchase Price:$389,900

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$2,144/mo
Traditional @ 7.5%
$2,476/mo
You save $332/month ($3,984/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6814046

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-02-03T17:02:45.000Z

© , 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

6.11%
7.15%

Principal & Interest

$2,144 /mo
$2,387 /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 $46,463 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $46,463!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$343,437
Your Cash$46,463
Total Purchase Price:$389,900

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$2,144/mo
Traditional @ 7.5%
$2,476/mo
You save $332/month ($3,984/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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