Olivia Medina

Olivia Medina

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$599,000

($210,916 down)
FHA

2265 E ELMWOOD Street, Mesa, AZ 85213

3
2
2,042 sqft
PITI Monthly
$2,834.06 /mo

Listing courtesy of: Wendy Scott, Realty ONE Group

Assumed Rate

5.41%
7.15%

Principal & Interest

$2,259 /mo
$2,715 /mo

What's Special

FRESH PAINT
OPEN CONCEPT
MODERN
RENOVATED
HOME OFFICE
CHARMING
EFFICIENT
SOLAR PANELS
NO HOA

**Charming & Modern Mesa Retreat!** Nestled in a sought-after Mesa neighborhood, this beautifully updated 3-bedroom, 2-bathroom home offers 2,042 sq. ft. of stylish and comfortable living space. Thoughtfully refreshed in 2022, it boasts a stunning new kitchen with sleek quartz countertops, perfect for both cooking and gathering. Throughout the home, elegant new flooring and fully renovated bathrooms add a fresh, contemporary touch. Major upgrades, including new plumbing, a new roof, and energy-efficient windows, provide peace of mind. The open concept living area creates an inviting atmosphere for relaxation and entertaining, while a versatile, air-conditioned bonus room is perfect for a home office, playroom, or extra living space. With a new breaker box and AC unit (2023), fresh paint (2023), and the energy-saving addition of solar panels and a Tesla battery (2024), this home is as practical as it is stylish. All of this sits on a lot with no HOA! The property also features an RV gate and parking. Don't miss the chance to see this charming homeit's ready to welcome its next chapter with you! Please see the documents tab for a full list of upgrades.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.41
Remaining Loan Term
27 years, 5 months
Monthly PITI
$2,834.06/mo
Estimated Loan Balance
$389,096
Cash to close
$210,916
Interest Paid
$55,190

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Electric
Features
  • Materials: Stucco, Painted, Block
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 2 Fireplace, Living Room, Master Bedroom
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
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:
Materials
  • Stucco, Painted, Block
  • Roof: Composition
Condition
  • Year Built: 1973
Details
  • Builder: UNK

Community & HOA

Community
  • Subdivision: TIERRA ESTE PARK UNIT 2
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Mesa

Financial Details

  • Price per Sqft: $293.34
  • Tax Annual Amount: $1480
  • On Market Date: 2025-02-01T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $210,916 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $210,916!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$388,084
Your Cash$210,916
Total Purchase Price:$599,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$2,259/mo
Traditional @ 7.5%
$2,816/mo
You save $556/month ($6,676/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6800295

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-04T06:34:05.000Z

© , 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

$2,259 /mo
$2,715 /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 $210,916 (35%)
You can enter any amount below - secondary financing will cover the difference if needed.
35%
$

You cover the entire equity of $210,916!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$388,084
Your Cash$210,916
Total Purchase Price:$599,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$2,259/mo
Traditional @ 7.5%
$2,816/mo
You save $556/month ($6,676/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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