Olivia Medina

Olivia Medina

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$585,000

($442,264 down)
FHA

4338 E Towne Lane, Gilbert, AZ 85234

4
3
2,171 sqft
PITI Monthly
$1,390.65 /mo

Listing courtesy of: Melissa Hubler, Cerreta Real Estate

Assumed Rate

3.8%
7.15%

Principal & Interest

$938 /mo
$1,360 /mo

What's Special

FRESH PAINT
HIGH-END FINISHES
PATIO

Stunning 4-bedroom, 2.5-bathroom home with high-end finishes and a Pebble Tech pool! Fully updated, this two-story gem features a bright living room and separate family room, perfect for entertaining. The gourmet eat-in kitchen boasts quartzite countertops, custom cabinetry, and premium appliances with double oven and electric cooktop. The luxurious primary suite offers a spa-like bath and shower. Step outside to a covered patio and beautiful backyard oasis with grassy yard and fenced pool. Enjoy updated flooring, designer fixtures, and fresh paint inside and out. Parks and schools nearby. A must-see!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.8
Remaining Loan Term
17 years, 3 months
Monthly PITI
$1,390.65/mo
Estimated Loan Balance
$144,184
Cash to close
$442,264
Interest Paid
$84,463

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: Yes
  • Fireplace Features: 1 Fireplace, Family Room
  • Flooring: Carpet, Vinyl, Tile, Wood

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: Yes
  • Pool Features: Play Pool, Fenced, Private

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family Residence
  • Architectural Style: Contemporary
Materials
  • Stucco, Wood Frame, Painted
  • Roof: Composition
Condition
  • Year Built: 1989
Details
  • Builder: Ryland Homes

Community & HOA

Community
  • Subdivision: Towne Meadows
  • Features: Playground
HOA
  • Has HOA: Yes
  • HOA Name: Towne Meadows
  • HOA Amenities: Unknown
  • HOA Fee: $75
  • HOA Frequency: $Quarterly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $269.46
  • Tax Annual Amount: $1722
  • On Market Date: 2025-03-19T17:10:07.000Z
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 $442,264 (76%)
You can enter any amount below - secondary financing will cover the difference if needed.
76%
$

You cover the entire equity of $442,264!

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

Loan Breakdown

Assumed Mortgage3.8% Sellers Rate
$142,736
Your Cash:$442,264
Total Purchase Price:$585,000

Assumed vs Traditional Mortgage

Assumed @ 3.8%
$938/mo
Traditional @ 7.5%
$1,410/mo
You save $472/month ($5,667/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6837573

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-03T22:17:44.000Z

© , 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

3.8%
7.15%

Principal & Interest

$938 /mo
$1,360 /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 $442,264 (76%)
You can enter any amount below - secondary financing will cover the difference if needed.
76%
$

You cover the entire equity of $442,264!

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

Loan Breakdown

Assumed Mortgage3.8% Sellers Rate
$142,736
Your Cash:$442,264
Total Purchase Price:$585,000

Assumed vs Traditional Mortgage

Assumed @ 3.8%
$938/mo
Traditional @ 7.5%
$1,410/mo
You save $472/month ($5,667/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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