Olivia Medina

Olivia Medina

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$585,000

($46,926 down)
FHA

714 W MESQUITE Street, Gilbert, AZ 85233

4
2
1,962 sqft
PITI Monthly
$4,167.24 /mo

Listing courtesy of: Lisa K Le, Call it Closed International

Assumed Rate

6.93%
7.15%

Principal & Interest

$3,564 /mo
$3,643 /mo

What's Special

BREAKFAST NOOK
FIREPLACE
VAULTED CEILINGS
WALK-IN CLOSET
PATIO
CHARMING
COZY

Fantastic opportunity! Welcome to this stunning residence featuring a 3-car garage and a convenient RV gate. Discover a welcoming living room with vaulted ceilings, clerestory windows for natural light, contemporary track lighting, and tile flooring. The great room has a cozy fireplace for quiet evenings. The delightful kitchen boasts a charming breakfast nook, granite counters, abundant wood cabinetry, built-in appliances, recessed lighting, a pantry, and a two-tier island with a breakfast bar. The den is perfect for an office or study. The main bedroom includes French doors leading to the backyard, an ensuite with dual sinks, and a walk-in closet. The enchanting backyard displays a covered patio and a sparkling pool for cooling down on warm days.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.93
Remaining Loan Term
29 years, 9 months
Monthly PITI
$4,167.24/mo
Estimated Loan Balance
$539,427
Cash to close
$46,926
Interest Paid
$9,338

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
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: Laminate, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces: 3
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: Ranch
Materials
  • Stucco, Wood Frame, Painted
  • Roof: Tile
Condition
  • Year Built: 1993
Details
  • Builder: FULTON

Community & HOA

Community
  • Subdivision: MADERA PARC AMD LOT 1-447 TR A-J AA
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $298.17
  • Tax Annual Amount: $2278
  • On Market Date: 2025-03-27T20:00:11.000Z
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.

Apply now

Savings Calculator

Current cash to close is $46,926 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $46,926!

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

Loan Breakdown

Assumed Mortgage6.93% Sellers Rate
$538,074
Your Cash$46,926
Total Purchase Price:$585,000

Assumed vs Traditional Mortgage

Assumed @ 6.93%
$3,564/mo
Traditional @ 7.5%
$3,779/mo
You save $216/month ($2,588/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6841936

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-04T06:34:07.000Z

© , 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

6.93%
7.15%

Principal & Interest

$3,564 /mo
$3,643 /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 $46,926 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $46,926!

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

Loan Breakdown

Assumed Mortgage6.93% Sellers Rate
$538,074
Your Cash$46,926
Total Purchase Price:$585,000

Assumed vs Traditional Mortgage

Assumed @ 6.93%
$3,564/mo
Traditional @ 7.5%
$3,779/mo
You save $216/month ($2,588/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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