Michael Rizzo

Michael Rizzo

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$499,850

($199,629 down)
FHA

8513 N 172ND Lane, Waddell, AZ 85355

3
3
2,016 sqft
PITI Monthly
$1,890.82 /mo

Listing courtesy of: Beth M Rider, Keller Williams Arizona Realty

Assumed Rate

2.79%
7.15%

Principal & Interest

$1,363 /mo
$2,244 /mo

What's Special

WALK-IN CLOSET
SOAKING TUB
PATIO
EFFICIENT

The Amber floor plan is a spray foam home that is very energy efficient. HERS Certified. Also, the 2.25% FHA Loan is assumable.3 bedroom, 2.5 bath home loaded with upgrades! Great room layout with split bedrooms. Gourmet kitchen with white shaker cabinets, stainless appliances, quartz countertops, large island, and walk-in pantry. Amazing backyard with artificial turf and outdoor kitchen. Primary bedroom with barn door leading into a spa-like bath with dual vanities, oversized tiled shower with rain showerhead and freestanding soaking tub. Primary walk-in closet has direct access to the laundry room which has cabinets & farmhouse utility sink. All bedrooms have plush carpet flooring and walk-in closets, and all baths have quartz counters. Speakers in great room, kitchen, and patio. 2 car insulated garage with 8-ft door, epoxy floors, built-in cabinets, and expanded driveway.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.79
Remaining Loan Term
25 years, 9 months
Monthly PITI
$1,890.82/mo
Estimated Loan Balance
$300,884
Cash to close
$199,629
Interest Paid
$37,568

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer, Private Sewer
  • Water Source: Pvt Water Company
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style:
Materials
  • Stucco, Wood Frame, Painted, Stone
  • Roof: Tile
Condition
  • Year Built: 2020
Details
  • Builder: ELLIOTT HOMES

Community & HOA

Community
  • Subdivision: GRANITE VISTA PHASE 2F
  • Features: Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Granite Vista
  • HOA Amenities: Unknown
  • HOA Fee: $105
  • HOA Frequency: $Monthly
Location
  • Region: Waddell

Financial Details

  • Price per Sqft: $247.94
  • Tax Annual Amount: $1509
  • On Market Date: 2025-04-15T21:40:06.000Z
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 $199,629 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $199,629!

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

Loan Breakdown

Assumed Mortgage2.79% Sellers Rate
$300,221
Your Cash$199,629
Total Purchase Price:$499,850

Assumed vs Traditional Mortgage

Assumed @ 2.79%
$1,363/mo
Traditional @ 7.15%
$2,327/mo
You save $964/month ($11,568/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6852000

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-16T17:45:55.000Z

© , 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

2.79%
7.15%

Principal & Interest

$1,363 /mo
$2,244 /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 $199,629 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $199,629!

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

Loan Breakdown

Assumed Mortgage2.79% Sellers Rate
$300,221
Your Cash$199,629
Total Purchase Price:$499,850

Assumed vs Traditional Mortgage

Assumed @ 2.79%
$1,363/mo
Traditional @ 7.15%
$2,327/mo
You save $964/month ($11,568/year)

*Secondary financing rates are an estimated value based on input

Follow Us
HomeSmart
Agent/Broker
Michael RizzoHomeSmart(602) 790-2804MikeRizzo@HSMove.comMLS SA539236000

© 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 HomeSmart 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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