Olivia Medina

Olivia Medina

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$349,000

($66,667 down)
FHA

3025 Timber Line Road, Prescott, AZ 86301

2
2
1,056 sqft
PITI Monthly
$1,697.38 /mo

Listing courtesy of: Jinger Cutting, Superlative Realty

Assumed Rate

3.07%
7.15%

Principal & Interest

$1,291 /mo
$2,049 /mo

What's Special

LOCATION
SHOPPING
MODERN
CHARMING
NO HOA
AFFORDABLE

Welcome to your next affordable home sweet home in beautiful Prescott, AZ! Built in 2020, this charming 2-bedroom, 2-bathroom home offers modern comfort with a touch of mountain-town character. Vinyl plank flooring flows seamlessly throughout the home, a complete set of stainless-steel appliances, including stacking W/D, and situated on a generous 0.21-acre lot. The property includes a convenient storage shed and No HOA, so RV parking is okay. Location is everything, and this home delivers! Enjoy quick access to shopping conveniences, schools, and the natural beauty that makes Prescott special. Vista Park is just a short stroll away, while numerous hiking trails beckon nearby for weekend adventures!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.07
Remaining Loan Term
26 years, 8 months
Monthly PITI
$1,697.38/mo
Estimated Loan Balance
$294,216
Cash to close
$66,667
Interest Paid
$29,988

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air Gas, Natural Gas
Features
  • Materials: Wood Frame, Other
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Vinyl

Exterior

Fencing
  • Fencing: See Remarks, Partial
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: Mfg/Mobile
  • Architectural Style: Double Wide
Materials
  • Wood Frame, Other
  • Roof: Composition
Condition
  • Year Built: 2020
Details
  • Builder: UNK

Community & HOA

Community
  • Subdivision: Willow Lake Estates
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Prescott

Financial Details

  • Price per Sqft: $330.49
  • Tax Annual Amount: $502
  • On Market Date: 2025-02-19T00:00:00.000Z
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 $66,667 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $66,667!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$282,333
Your Cash$66,667
Total Purchase Price:$349,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,291/mo
Traditional @ 7.5%
$2,126/mo
You save $835/month ($10,019/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PAR1070857

Listing From: paar

Last updated: 2025-03-22T04:06:21.000Z

© , paar. 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

3.07%
7.15%

Principal & Interest

$1,291 /mo
$2,049 /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 $66,667 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $66,667!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$282,333
Your Cash$66,667
Total Purchase Price:$349,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,291/mo
Traditional @ 7.5%
$2,126/mo
You save $835/month ($10,019/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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