Cheryl Riley

Cheryl Riley

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$625,000

($448,824 down)
VA

25615 S RIBBONWOOD Drive, Sun Lakes, AZ 85248

2
2
2,137 sqft
PITI Monthly
$1,221.42 /mo

Listing courtesy of: Ginny Crocco, Realty Executives

Assumed Rate

2.68%
7.15%

Principal & Interest

$765 /mo
$1,277 /mo

What's Special

ENTERTAINMENT
DINING
LUXURY
STAINLESS STEEL APPLIANCES
VAULTED CEILINGS
PATIO
CLUBHOUSE

GREEN GOLFCOURSE LOT CHOSEN DURING GRAND OPENING! (no golfballs} Credit $6000 TO BUYER COE. 1/4 MILE TO CLUBHOUSE,POOLS. 24HR GUARD GATE Plantation LUXURY Shutters+Vaulted Ceilings. Mirrored WetBar, Formal Dining Rm for great entertaining. Dream Kitchen-Double Wall Ovens, Granite Counters, Garden Window, KITCHENAIDE Luxury-Stainless Steel Appliances and Washer/Dryer. Relax on your shady Covered Patio and enjoy EAST GREEN PRIVATE GOLF! Trees, Citrus, Roses auto-water. LARGE Bedrooms 19x15, 15x14 Enjoy JETTED SPA BATH & Beautiful TRAVERTINE Showers. 2020 SOLAR ELECTRIC SYSTEM-OWNED 25year WARRANTY! 5ft extd Garage +GOLF CART GARAGE. Wall of Cabinets. HANDICAP access!31in doorways, smooth floors,grab bars. Wide Lot orig planned Casita. New 2024 Trane A/C, WaterSoftener,ReverseOsmosis,Dishwa We Welcome Buyer Agents:) Entertainment Center in Fam Rm is optional. Just write Seller during your Inspection period to have it removed by a professional Contractor. Solar System Contract states that it has a 25 year transferrable Warranty. Installed Feb 2020. We have full details, all the paperwork, including utility bills. Happy to share formal Appraisal done September 2024. Value due to current comps at that time $670,000. Believe client will move in with equity. Also included Cottonwood Palo Verde great workout gym facilities of Sun Lakes.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.68
Remaining Loan Term
26 years, 7 months
Monthly PITI
$1,221.42/mo
Estimated Loan Balance
$176,916
Cash to close
$448,824
Interest Paid
$16,660

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Stucco, Other, Wood Frame, Painted
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, 2 Fireplace, Family Room, Living Room
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Other, Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2.5
  • Carport: Yes
  • Carport Spaces: 2.5
Water
  • Sewer: Sewer in & Cnctd, Public 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: Ranch
Materials
  • Stucco, Other, Wood Frame, Painted
  • Roof: Tile
Condition
  • Year Built: 1991
Details
  • Builder: ROBSON

Community & HOA

Community
  • Subdivision: PALO VERDE IN SUN LAKES UNIT 23
  • Features: Pickleball, Lake, Gated, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool, Guarded Entry, Golf, Tennis Court(s), Racquetball, Biking/Walking Path, Clubhouse, Fitness Center
HOA
  • Has HOA: Yes
  • HOA Name: Cottonwood PaloVerde
  • HOA Amenities: Unknown
  • HOA Fee: $2258
  • HOA Frequency: $Annually
Location
  • Region: Sun Lakes

Financial Details

  • Price per Sqft: $292.47
  • Tax Annual Amount: $3482
  • On Market Date: 2024-10-29T18:40:04.000Z
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 $448,824 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
$

You cover the entire equity of $448,824!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$176,176
Your Cash:$448,824
Total Purchase Price:$625,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$765/mo
Traditional @ 7.15%
$1,324/mo
You save $560/month ($6,714/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6777179

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-12T20:29:07.000Z

© , 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

2.68%
7.15%

Principal & Interest

$765 /mo
$1,277 /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 $448,824 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
$

You cover the entire equity of $448,824!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$176,176
Your Cash:$448,824
Total Purchase Price:$625,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$765/mo
Traditional @ 7.15%
$1,324/mo
You save $560/month ($6,714/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.

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