Cheryl Riley

Cheryl Riley

Property SearchContact
primary-1
primary-2primary-3
Under Contract

$450,000

($246,989 down)
FHA

1517 E ELAINE Drive, Casa Grande, AZ 85122

4
3
3,056 sqft
PITI Monthly
$1,410.11 /mo

Listing courtesy of: George Laughton, My Home Group Real Estate

Assumed Rate

2.98%
7.15%

Principal & Interest

$928 /mo
$1,490 /mo

What's Special

DINING
SPACIOUS
PATIO

Interested in owning a home with owned solar paid off at close of escrow? Look no further! This stunning 4-bed, 3-bath, 2-story home sits on a generous 13,939 sqft lot and offers 3,275 sqft of spacious living space, including a den and bonus room for added versatility. The large open kitchen features elegant cherry cabinets, Corian countertops, and a seamless flow into the family and dining rooms, where you'll find beautiful laminate wood flooring. The kitchen and bathrooms are tastefully tiled, adding to the home's charm. Step outside to enjoy a large covered patio, a private pool and spa for ultimate relaxation, and ample storage space. With a 2-car garage and RV gate, this home is perfect for those seeking both comfort and convenience.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.98
Remaining Loan Term
26 years, 5 months
Monthly PITI
$1,410.11/mo
Estimated Loan Balance
$205,948
Cash to close
$246,989
Interest Paid
$22,680

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
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: Private

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family Residence
  • Architectural Style: Santa Barbara/Tuscan
Materials
  • Stucco, Wood Frame
  • Roof: Tile
Condition
  • Year Built: 2003
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: HIGHLAND MANOR UNIT 1
  • Features:
HOA
  • Has HOA: Yes
  • HOA Name: Highland Manor
  • HOA Amenities: Unknown
  • HOA Fee: $139
  • HOA Frequency: $Quarterly
Location
  • Region: Casa Grande

Financial Details

  • Price per Sqft: $147.25
  • Tax Annual Amount: $2111
  • On Market Date: 2025-04-10T00:00:00.000Z
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 $246,989 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$

You cover the entire equity of $246,989!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$203,011
Your Cash:$246,989
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$928/mo
Traditional @ 7.15%
$1,546/mo
You save $618/month ($7,416/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6848427

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-11T19:36:10.000Z

© , 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

2.98%
7.15%

Principal & Interest

$928 /mo
$1,490 /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 $246,989 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$

You cover the entire equity of $246,989!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$203,011
Your Cash:$246,989
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$928/mo
Traditional @ 7.15%
$1,546/mo
You save $618/month ($7,416/year)

*Secondary financing rates are an estimated value based on input

Follow Us
American Allstar Realty
Agent/Broker
Cheryl RileyAmerican Allstar Realty(602) 353-7375cheryl.m.riley@gmail.comMLS BR655878000

© 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 American Allstar Realty 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.

equal-housing

American Allstar Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.