Olivia Medina

Olivia Medina

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$375,000

($232,712 down)
FHA

8328 W FAIRMOUNT Avenue, Phoenix, AZ 85037

4
3
2,349 sqft
PITI Monthly
$1,159.27 /mo

Listing courtesy of: Stella Youmaran, Realty ONE Group

Assumed Rate

3.77%
7.15%

Principal & Interest

$798 /mo
$1,161 /mo

What's Special

DINING
CHARMING

Discover the potential of this charming property! The open layout flows effortlessly into the living room, dining area and kitchen, creating a cohesive atmosphere. On the main floor, you'll find two inviting bedrooms, including a primary suite and an additional great room. Upstairs, two generously sized bedrooms and bathroom accommodate all your needs! The outdoor space is ideal for gardening, play, or unwinding. Recent updates include a new AC installed in 2022, the roof was replaced in 2016, and plumbing renovations completed in 2019. Located close proximity to the 101 freeway ensures easy commute. Don't miss the opportunity to make this home your own!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.77
Remaining Loan Term
21 years, 9 months
Monthly PITI
$1,159.27/mo
Estimated Loan Balance
$142,986
Cash to close
$232,712
Interest Paid
$49,082

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Synthetic Stucco, Wood Frame, Painted, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Block, Wood
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family Residence
  • Architectural Style: Spanish
Materials
  • Synthetic Stucco, Wood Frame, Painted, Stucco
  • Roof: Composition
Condition
  • Year Built: 1979
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: Casa Real Phoenix 3
  • Features: Biking/Walking Path
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $159.64
  • Tax Annual Amount: $1078
  • On Market Date: 2025-02-17T00:00:00.000Z
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 $232,712 (62%)
You can enter any amount below - secondary financing will cover the difference if needed.
62%
$

You cover the entire equity of $232,712!

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

Loan Breakdown

Assumed Mortgage3.77% Sellers Rate
$142,288
Your Cash:$232,712
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 3.77%
$798/mo
Traditional @ 7.5%
$1,204/mo
You save $406/month ($4,873/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6811855

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-03-23T07:25:59.000Z

© , 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

3.77%
7.15%

Principal & Interest

$798 /mo
$1,161 /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 $232,712 (62%)
You can enter any amount below - secondary financing will cover the difference if needed.
62%
$

You cover the entire equity of $232,712!

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

Loan Breakdown

Assumed Mortgage3.77% Sellers Rate
$142,288
Your Cash:$232,712
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 3.77%
$798/mo
Traditional @ 7.5%
$1,204/mo
You save $406/month ($4,873/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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