Olivia Medina

Olivia Medina

Property SearchContact
primary-1
primary-2primary-3
Active

$545,500

($26,883 down)
FHA

3211 E Kerry Lane, Phoenix, AZ 85050

4
3
1,880 sqft
PITI Monthly
$4,109.5 /mo

Listing courtesy of: Kari Gutierrez, HomeSmart

Assumed Rate

6.82%
7.15%

Principal & Interest

$3,400 /mo
$3,515 /mo

What's Special

REMODELED
LOCATION
SHOPPING
MODERN
CUL-DE-SAC
SOLAR PANELS
MOTIVATED SELLER

Nestled in a quiet cul-de-sac, this stunning 4-bed, 2.5-bath home offers the perfect blend of comfort and style. Enjoy the benefits of energy efficiency from New Solar Panels installed June 2024. Relax in a Refreshing Pool at the end of your day or all weekend long! There are no neighbors behind to peer down at you. The sleek remodeled kitchen offers modern appliances, quartz countertops, and ample cabinetry, perfect for any home chef. Water Heater and clothes dryer are New in 2024. Just minutes from Desert Ridge Shopping, Loop 101, and the Musical Instrument Museum. Fantastic location to get you anywhere in the Greater Metro area quickly. MOTIVATED SELLER.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.82
Remaining Loan Term
29 years, 1 months
Monthly PITI
$4,109.5/mo
Estimated Loan Balance
$519,067
Cash to close
$26,883
Interest Paid
$32,393

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Stucco, Wood Frame, Painted
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Play Pool, Private

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family Residence
  • Architectural Style:
Materials
  • Stucco, Wood Frame, Painted
  • Roof: Tile
Condition
  • Year Built: 2002
Details
  • Builder: D R HORTON

Community & HOA

Community
  • Subdivision: Paradise Valley Terrace
  • Features:
HOA
  • Has HOA: Yes
  • HOA Name: Paradise Terrace II
  • HOA Amenities: Unknown
  • HOA Fee: $181.65
  • HOA Frequency: $Quarterly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $290.16
  • Tax Annual Amount: $2096
  • On Market Date: 2024-09-20T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $26,883 (5%)
You can enter any amount below - secondary financing will cover the difference if needed.
5%
$

You cover the entire equity of $26,883!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$518,617
Your Cash$26,883
Total Purchase Price:$545,500

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$3,400/mo
Traditional @ 7.5%
$3,516/mo
You save $116/month ($1,394/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6758934

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-02T22:00:54.000Z

© , 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

6.82%
7.15%

Principal & Interest

$3,400 /mo
$3,515 /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 $26,883 (5%)
You can enter any amount below - secondary financing will cover the difference if needed.
5%
$

You cover the entire equity of $26,883!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$518,617
Your Cash$26,883
Total Purchase Price:$545,500

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$3,400/mo
Traditional @ 7.5%
$3,516/mo
You save $116/month ($1,394/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

Powered By UMe.

© 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.

equal-housing

Porter Group AZ © is committed to and abides by the Fair Housing Act of Equal Opportunity.