$380,000
($99,772 down)5422 E DES MOINES Street, Mesa, AZ 85205
PITI Monthly
Listing courtesy of: Armando Valadez Gonzalez, eXp Realty
Assumed Rate
2.87%
7.15%Principal & Interest
$1,262 /mo
$2,056 /moWhat's Special
Discover modern yet classic charm in this beautifully updated home, nestled in a sought-after 55+ community. Walk in and you're greeted with a light-filled room and stunning kitchen. Journey further in and you'll find an Arizona Room that has been transformed into a private studio apartment, a generously sized workshop, and a 12x12 shed in the backyard equipped with plumbing and air-conditioning. This home offers more than a place to live—it provides style and practicality.
Assumption Snapshot
Type of Loan
FHA
Interest Rate
2.87
Remaining Loan Term
26 years, 5 months
Monthly PITI
$1,700.5/mo
Estimated Loan Balance
$293,730
Cash to close
$99,772
Interest Paid
$30,111
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
Cooling & Heating
- Cooling: Central Air, Ceiling Fan(s)
- Heating: Electric
Features
- Materials: Painted, Block
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: None
- Flooring: Carpet, Laminate, Tile
Exterior
Fencing
- Fencing: Chain Link
Roof
- Roof: Composition
Parking
- Garage: Yes
- Garage Spaces: 1
- Carport: Yes
- Carport Spaces: 1
Water
- Sewer: Septic Tank
- Water Source: City Water
Pool
- Has Pool: No
- Pool Features: None
Construction
Type & Style
- Stories: 1
- Home type: Single Family Residence
- Architectural Style: Ranch
Materials
- Painted, Block
- Roof: Composition
Condition
- Year Built: 1965
Details
- Builder: FARNSWORTH
Community & HOA
Community
- Subdivision: Dreamland Villa 7
- Features: Pickleball, Community Spa, Community Pool, Biking/Walking Path, Clubhouse, Fitness Center
HOA
- Has HOA: No
Location
- Region: Mesa
Financial Details
- Price per Sqft: $298.98
- Tax Annual Amount: $874
- On Market Date: 2025-04-01T00:00:00.000Z
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: 6842428
Listing From: Arizona Regional Multiple Listing Service (ARMLS)
Last updated: 2025-04-01T23:31:40.000Z
© , 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
2.87%
7.15%Principal & Interest
$1,262 /mo
$2,056 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $99,772!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Olivia MedinaPorter Group AZ(480) 779-7722olivia@portergroupaz.comMLSResources
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