Olivia Medina

Olivia Medina

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$240,000

($122,960 down)
VA

1993 E Santa Teresa Drive, Sierra Vista, AZ 85635

3
2
1,170 sqft
PITI Monthly
$1,022.6 /mo

Listing courtesy of: Christine Coplen, Tierra Antigua Realty, LLC

Assumed Rate

3.92%
7.15%

Principal & Interest

$790 /mo
$1,128 /mo

What's Special

SPACIOUS
MOVE-IN READY
PATIO

Don't miss out on calling this place home! Featuring brand new flooring, new electric stove, and a freshly recoated roof (2024), this home is move-in ready. Nestled in a peaceful neighborhood, you will love the spacious backyard with a covered patio perfect for relaxing or entertaining. The oversized two car garage, includes a workshop area making it ideal for hobbyists of any kind. Driveway has plenty of area of parking and area to park an RV. Inside, the expansive laundry room offers plenty of space for extra storage, a pantry or an extra fridge. With so much to offer this home is ready to be yours!!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.92
Remaining Loan Term
16 years, 11 months
Monthly PITI
$1,022.6/mo
Estimated Loan Balance
$117,446
Cash to close
$122,960
Interest Paid
$74,008

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Natural Gas
Features
  • Materials: Brick Veneer, Brick
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Living Room
  • Flooring:

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Reflective Coating, Rolled/Hot Mop
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
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: Spanish
Materials
  • Brick Veneer, Brick
  • Roof: Reflective Coating, Rolled/Hot Mop
Condition
  • Year Built: 1976
Details
  • Builder: unknown

Community & HOA

Community
  • Subdivision: The Village
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Sierra Vista

Financial Details

  • Price per Sqft: $205.13
  • Tax Annual Amount: $996.82
  • On Market Date: 2025-03-21T00:00:00.000Z
Inquire about this property

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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 $122,960 (51%)
You can enter any amount below - secondary financing will cover the difference if needed.
51%
$

You cover the entire equity of $122,960!

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

Loan Breakdown

Assumed Mortgage3.92% Sellers Rate
$117,040
Your Cash:$122,960
Total Purchase Price:$240,000

Assumed vs Traditional Mortgage

Assumed @ 3.92%
$790/mo
Traditional @ 7.5%
$1,170/mo
You save $380/month ($4,565/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6836539

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-03T17:55:18.000Z

© , 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

3.92%
7.15%

Principal & Interest

$790 /mo
$1,128 /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 $122,960 (51%)
You can enter any amount below - secondary financing will cover the difference if needed.
51%
$

You cover the entire equity of $122,960!

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

Loan Breakdown

Assumed Mortgage3.92% Sellers Rate
$117,040
Your Cash:$122,960
Total Purchase Price:$240,000

Assumed vs Traditional Mortgage

Assumed @ 3.92%
$790/mo
Traditional @ 7.5%
$1,170/mo
You save $380/month ($4,565/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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© 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 Porter Group AZ 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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