Olivia Medina

Olivia Medina

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$715,000

($411,548 down)
VA

5401 N 81ST Place, Scottsdale, AZ 85250

4
2
2,156 sqft
PITI Monthly
$1,826.28 /mo

Listing courtesy of: Pamela Manwaring, Real Broker

Assumed Rate

3.23%
7.15%

Principal & Interest

$1,463 /mo
$2,276 /mo

What's Special

LOCATION
SHOPPING
ENTERTAINMENT
SPACIOUS
FIREPLACE
PATIO
COZY
NO HOA
MOTIVATED SELLER

Motivated sellers price improvement! *NO HOA*! The 4-bedroom, 2- bath floorplan with location in desirable Old Town Scottsdale. Walking distance to Chaparral Park and nearby highly-rated schools, the area is full of activity with residents out enjoying the neighborhood. Chaparral Park boasts bicycle paths, a beautiful lake, large grassy areas, a public pool, basketball courts, volleyball courts, baseball fields, and mixed-use activity areas. Just 15 minutes from Sky Harbor Airport, and a short drive to popular area hot spots including Scottsdale Fashion Square, Talking Stick Resort and Casino, Butterfly Wonderland, OdySea Aquarium, plenty of world-class restaurants, golf courses and shopping make this location so sought after. The home itself is thoughtfully designed with a mix of wood, tile, and carpet flooring, it's just waiting for you to put your own touches on it. The heart of the home is the fully-equipped, open-concept kitchen featuring beautiful oak cabinets and a spacious island, while the large, rustic brick wood-burning fireplace adds a cozy touch on cold winter days. An Arizona room addition provides extra living and entertainment space. An enclosed 2-car garage offers plenty of extra storage room. Step outside to a backyard built for entertaining, complete with a sparkling, 9' deep pool, covered patio, and built-in barbecue. Low property taxes, recent property updates include a new roof, and new pool pump in 2023.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.23
Remaining Loan Term
25 years, 3 months
Monthly PITI
$1,826.28/mo
Estimated Loan Balance
$304,097
Cash to close
$411,548
Interest Paid
$49,194

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
Features
  • Materials: Painted, Block
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace
  • Flooring: Carpet, Tile, Wood

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Foam
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: Fenced, Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style:
Materials
  • Painted, Block
  • Roof: Foam
Condition
  • Year Built: 1966
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: Parkcrest
  • Features: Near Bus Stop, Playground, Biking/Walking Path
HOA
  • Has HOA: No
Location
  • Region: Scottsdale

Financial Details

  • Price per Sqft: $331.63
  • Tax Annual Amount: $1760
  • On Market Date: 2025-03-13T00:00:00.000Z
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 $411,548 (58%)
You can enter any amount below - secondary financing will cover the difference if needed.
58%
$

You cover the entire equity of $411,548!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$303,452
Your Cash:$411,548
Total Purchase Price:$715,000

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$1,463/mo
Traditional @ 7.5%
$2,361/mo
You save $898/month ($10,776/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6824306

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-02T17:50:04.000Z

© , 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

3.23%
7.15%

Principal & Interest

$1,463 /mo
$2,276 /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 $411,548 (58%)
You can enter any amount below - secondary financing will cover the difference if needed.
58%
$

You cover the entire equity of $411,548!

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

Loan Breakdown

Assumed Mortgage3.23% Sellers Rate
$303,452
Your Cash:$411,548
Total Purchase Price:$715,000

Assumed vs Traditional Mortgage

Assumed @ 3.23%
$1,463/mo
Traditional @ 7.5%
$2,361/mo
You save $898/month ($10,776/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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