Olivia Medina

Olivia Medina

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$475,000

($170,751 down)
FHA

1840 E CULVER Street, Phoenix, AZ 85006

3
1
1,044 sqft
PITI Monthly
$1,914.29 /mo

Listing courtesy of: Elizabeth Santa Cruz, eXp Realty

Assumed Rate

2.9%
7.15%

Principal & Interest

$1,355 /mo
$2,199 /mo

What's Special

ENTERTAINMENT
DINING
SPACIOUS
STAINLESS STEEL APPLIANCES
FIREPLACE
PATIO
MATURE TREES
HISTORIC
COZY

Check out this fabulous single-story home in DOWNTOWN PHX HISTORIC DISTRICT! This property features mature trees that provides refreshing shade, RV gates, Wood flooring, bountiful natural light, and a cozy fireplace in the inviting living room enrich the overall ambiance. Notice the raised formal dining room offering French doors that open to the back patio. Kitchen comes with track lighting, stainless steel appliances, travertine backsplash, and cabinets with crown moulding. Large primary bedroom showcases a sitting room. Spacious backyard includes a covered patio, storage shed, and rear vehicle entry. Easy access to freeways and close to dining spots and entertainment. *Check out - City of PHX Mcdowell RD Revitalization Project & Historic Preservation Exterior Rehab Assistance Program.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.9
Remaining Loan Term
26 years, 7 months
Monthly PITI
$1,914.29/mo
Estimated Loan Balance
$304,867
Cash to close
$170,751
Interest Paid
$31,099

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Ceiling Fan(s), Refrigeration
  • Heating: Natural Gas
Features
  • Materials: Painted, Stucco, Brick
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Living Room
  • Flooring: Tile, Wood

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: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Stucco, Brick
  • Roof: Composition
Condition
  • Year Built: 1931
Details
  • Builder: Historic

Community & HOA

Community
  • Subdivision: BRENTWOOD
  • Features: Historic District
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $454.98
  • Tax Annual Amount: $1941
  • On Market Date: 2024-11-09T14:40:03.000Z
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.

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Savings Calculator

Current cash to close is $170,751 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $170,751!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$304,249
Your Cash$170,751
Total Purchase Price:$475,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,355/mo
Traditional @ 7.5%
$2,281/mo
You save $926/month ($11,110/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6782026

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-02-05T16:49:24.000Z

© , 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

2.9%
7.15%

Principal & Interest

$1,355 /mo
$2,199 /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 $170,751 (36%)
You can enter any amount below - secondary financing will cover the difference if needed.
36%
$

You cover the entire equity of $170,751!

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

Loan Breakdown

Assumed Mortgage2.9% Sellers Rate
$304,249
Your Cash$170,751
Total Purchase Price:$475,000

Assumed vs Traditional Mortgage

Assumed @ 2.9%
$1,355/mo
Traditional @ 7.5%
$2,281/mo
You save $926/month ($11,110/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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