Olivia Medina

Olivia Medina

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$230,000

($20,056 down)
VA

513 W MELROSE Drive, Casa Grande, AZ 85122

2
2
918 sqft
PITI Monthly
$1,454.98 /mo

Listing courtesy of: Ted A. Anderson, HomeSmart Success

Assumed Rate

5.52%
7.15%

Principal & Interest

$1,236 /mo
$1,468 /mo

What's Special

LOCATION
OPEN CONCEPT
NO HOA

Well updated 2 bedroom 2 bath home in a central location of Casa Grande. No HOA's. The home sets on a large lot with the home pushed to the back. There is RV hook ups and lots of room for your RV. Open concept from the kitchen, living area and dinning. The home has laminate plank flooring through out with Tile in the bath room. The home was updated with paint, electrical and plumbing fixtures. The Kitchen updates include a kitchen island. Both showers and kitchen has subway tiles. The primary bedroom bath has glass shower doors and a double closet. There are 2 barn doors that look great, one in the Primary Bedroom and the other to the second bedroom, laundry and 2nd full baths. Could be used as 2 primary rooms. There is leased solar and a leased alarm system as well

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
5.52
Remaining Loan Term
27 years, 4 months
Monthly PITI
$1,454.98/mo
Estimated Loan Balance
$210,481
Cash to close
$20,056
Interest Paid
$31,417

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s), Programmable Thmstat, Refrigeration
  • Heating: Electric
Features
  • Materials: Brick Veneer, Siding, Frame - Wood
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Block, Wrought Iron
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: Public Sewer
  • Water Source: Pvt Water Company
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Brick Veneer, Siding, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 1977
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: POOLE'S ADDITION
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Casa Grande

Financial Details

  • Price per Sqft: $250.54
  • Tax Annual Amount: $823
  • On Market Date: 2025-01-18T22:30:05.000Z
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 $20,056 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $20,056!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$209,944
Your Cash$20,056
Total Purchase Price:$230,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$1,236/mo
Traditional @ 7.5%
$1,522/mo
You save $286/month ($3,430/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6807491

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-01-18T23:38:23.000Z

© , 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

5.52%
7.15%

Principal & Interest

$1,236 /mo
$1,468 /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 $20,056 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $20,056!

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

Loan Breakdown

Assumed Mortgage5.52% Sellers Rate
$209,944
Your Cash$20,056
Total Purchase Price:$230,000

Assumed vs Traditional Mortgage

Assumed @ 5.52%
$1,236/mo
Traditional @ 7.5%
$1,522/mo
You save $286/month ($3,430/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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