Olivia Medina

Olivia Medina

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$529,000

($223,850 down)
FHA

4248 E RAVEN Road, Phoenix, AZ 85044

4
3
2,093 sqft
PITI Monthly
$2,031.32 /mo

Listing courtesy of: Amanda Lang, eXp Realty

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,412 /mo
$2,280 /mo

What's Special

DINING
SPACIOUS
WALK-IN CLOSET
SOAKING TUB
PATIO
CHARMING

Charming home in Mountain Park Ranch is now on the market! This gem boasts an excellent curb appeal, a 2-car garage, carefully manicured landscaping, and a welcoming front porch. The interior features a bright and spacious living/dining room, neutral paint, tall ceilings, and tile flooring in all the right places. A sliding barn door allows access to the fantastic kitchen, where you'll find bountiful wood cabinetry, built-in appliances, granite counters, and a center island w/breakfast bar. The large & open family room has backyard access and recently updated vinyl plank flooring. The main bedroom hosts a walk-in closet and a full ensuite with a large dual vanity, a soaking tub, and a step-in shower. Additional updates include AC condenser replaced in 2021 and water heater replaced in 2024. Create fun memories in this spacious backyard with a covered patio, pavers, and artificial turf - perfect for gatherings or relaxation! Don't let this incredible home pass you by!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 6 months
Monthly PITI
$2,031.32/mo
Estimated Loan Balance
$305,814
Cash to close
$223,850
Interest Paid
$42,518

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile, Concrete
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: 2
  • Home type: Single Family Residence
  • Architectural Style: Contemporary
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco
  • Roof: Tile, Concrete
Condition
  • Year Built: 1993
Details
  • Builder: Saddleback Homes

Community & HOA

Community
  • Subdivision: MOUNTAIN PARK RANCH UNIT 8D LOT 1-109 TR A
  • Features: Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Tennis Court(s), Playground
HOA
  • Has HOA: Yes
  • HOA Name: Mountain Park Ranch
  • HOA Amenities: Unknown
  • HOA Fee: $208
  • HOA Frequency: $Semi-Annually
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $252.75
  • Tax Annual Amount: $2559
  • On Market Date: 2025-01-31T00:30:03.000Z
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 $223,850 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $223,850!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$305,150
Your Cash$223,850
Total Purchase Price:$529,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,412/mo
Traditional @ 7.5%
$2,365/mo
You save $953/month ($11,432/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6813241

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-02T17:54:27.000Z

© , 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

2.94%
7.15%

Principal & Interest

$1,412 /mo
$2,280 /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 $223,850 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $223,850!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$305,150
Your Cash$223,850
Total Purchase Price:$529,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,412/mo
Traditional @ 7.5%
$2,365/mo
You save $953/month ($11,432/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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