Olivia Medina

Olivia Medina

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$1,125,000

($219,016 down)
VA

3648 E ARABIAN Drive, Gilbert, AZ 85296

4
3
3,461 sqft
PITI Monthly
$6,464.64 /mo

Listing courtesy of: Heather L Steck, RETSY

Assumed Rate

6.69%
7.15%

Principal & Interest

$5,909 /mo
$6,192 /mo

What's Special

WALK-IN CLOSET
PRIVATE BACKYARD
TENNIS COURTS
COZY

This stunning four-bedroom home, complete with a den and flex room, is located in the desirable Lakeview Trails South at Morrison Ranch. The home boasts impressive upgrades throughout, including a designer kitchen with a gas range, double ovens, custom cabinetry, a large island, and sleek quartz countertops. You'll also find wood-look tile and upgraded carpet throughout the home. The open great room seamlessly flows into the kitchen and cozy nook. The primary suite, separated from the guest bedrooms, offers a luxurious en-suite bath and double walk-in closets. Step outside to your private backyard, featuring a beautiful pool and professional landscaping. This home is ideally situated near a park and just a short distance from Morrison Ranch's lakes, pickleball courts, and tennis courts.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.69
Remaining Loan Term
28 years, 11 months
Monthly PITI
$6,464.64/mo
Estimated Loan Balance
$908,531
Cash to close
$219,016
Interest Paid
$66,085

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces: 3
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style: Ranch
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco, Stone
  • Roof: Tile
Condition
  • Year Built: 2020
Details
  • Builder: Tri Pointe

Community & HOA

Community
  • Subdivision: LAKEVIEW TRAILS SOUTHWEST AT MORRISON RANCH
  • Features: Pickleball, Lake, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse
HOA
  • Has HOA: Yes
  • HOA Name: Morrison Ranch CC
  • HOA Amenities: Unknown
  • HOA Fee: $399
  • HOA Frequency: $Quarterly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $325.05
  • Tax Annual Amount: $3064
  • On Market Date: 2025-03-27T13:30:04.000Z
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 $219,016 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $219,016!

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

Loan Breakdown

Assumed Mortgage6.69% Sellers Rate
$905,984
Your Cash$219,016
Total Purchase Price:$1,125,000

Assumed vs Traditional Mortgage

Assumed @ 6.69%
$5,909/mo
Traditional @ 7.5%
$6,422/mo
You save $513/month ($6,157/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6841628

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-30T06:55:05.000Z

© , 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

6.69%
7.15%

Principal & Interest

$5,909 /mo
$6,192 /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 $219,016 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $219,016!

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

Loan Breakdown

Assumed Mortgage6.69% Sellers Rate
$905,984
Your Cash$219,016
Total Purchase Price:$1,125,000

Assumed vs Traditional Mortgage

Assumed @ 6.69%
$5,909/mo
Traditional @ 7.5%
$6,422/mo
You save $513/month ($6,157/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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