Cheryl Riley

Cheryl Riley

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$695,000

($543,130 down)
FHA

2938 N 18TH Avenue, Phoenix, AZ 85015

3
3
2,171 sqft
PITI Monthly
$1,530.78 /mo

Listing courtesy of: Laura Garcia De Leon, 1st Class Real Estate & Associates

Assumed Rate

4.34%
7.15%

Principal & Interest

$976 /mo
$1,326 /mo

What's Special

OPEN CONCEPT
ENTERTAINMENT
DINING
SPACIOUS
MODERN
GRANITE COUNTERTOPS
PATIO
PRIVATE BACKYARD

Coming Soon! Welcome to your dream home in the heart of Central Phoenix. Nestled in the highly sought-after North Encanto neighborhood, this beautifully maintained 3 bedroom, 2.5 residence offers the perfect blend of classic charm and modern updates. Stem inside to discover a spacious and light filled interior featuring an open concept living/dining area, rich wood like tile floors and stylish finishes throughout. The gourmet kitchen boasts granite countertops and ample cabinet space. Step outside to your private backyard oasis complete with a sparkling pool, lush landscaping, and a covered patio perfect for Arizona outdoor entertainment or quiet retreat. Located just minutes form Downtown Phoenix, local dining, parks, and Golf courses. Don't miss out on this very desirable home.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.34
Remaining Loan Term
19 years, 2 months
Monthly PITI
$1,530.78/mo
Estimated Loan Balance
$153,563
Cash to close
$543,130
Interest Paid
$82,854

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Natural Gas
Features
  • Materials: Wood Frame, Painted, Block
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Family Room
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 4
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style:
Materials
  • Wood Frame, Painted, Block
  • Roof: Composition
Condition
  • Year Built: 1951
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: Terrace View
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $320.13
  • Tax Annual Amount: $2983
  • On Market Date: 2025-04-11T00:00:00.000Z
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 $543,130 (78%)
You can enter any amount below - secondary financing will cover the difference if needed.
78%
$

You cover the entire equity of $543,130!

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

Loan Breakdown

Assumed Mortgage4.34% Sellers Rate
$151,870
Your Cash:$543,130
Total Purchase Price:$695,000

Assumed vs Traditional Mortgage

Assumed @ 4.34%
$976/mo
Traditional @ 7.15%
$1,376/mo
You save $399/month ($4,792/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6849260

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-11T16:54:11.000Z

© , 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

4.34%
7.15%

Principal & Interest

$976 /mo
$1,326 /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 $543,130 (78%)
You can enter any amount below - secondary financing will cover the difference if needed.
78%
$

You cover the entire equity of $543,130!

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

Loan Breakdown

Assumed Mortgage4.34% Sellers Rate
$151,870
Your Cash:$543,130
Total Purchase Price:$695,000

Assumed vs Traditional Mortgage

Assumed @ 4.34%
$976/mo
Traditional @ 7.15%
$1,376/mo
You save $399/month ($4,792/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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