Cheryl Riley

Cheryl Riley

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$432,500

($90,991 down)
FHA

5033 S 11th Place, Phoenix, AZ 85040

3
2
1,101 sqft
PITI Monthly
$2,534.33 /mo

Listing courtesy of: Christa M Prater, HomeSmart

Assumed Rate

5.23%
7.15%

Principal & Interest

$1,962 /mo
$2,405 /mo

What's Special

REMODELED
FRESH PAINT
SERENE
MOVE-IN READY
MODERN
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
SPRINKLER SYSTEM

A Beautiful Craftsman Home Designed for Modern Living! Welcome to Romley Estates, where charm meets functionality in this thoughtfully updated 3-bedroom, 2-bathroom home offering 1,125 sq. ft. of comfortable living space. This stunning craftsman-style residence features an open-concept layout with fresh paint throughout—including doors, baseboards, and the garage, which also includes wiring for an EV plug for added convenience. The heart of the home is the kitchen, boasting granite countertops, stainless steel appliances (including a brand-new dishwasher installed in 2024), and a striking new chandelier that brings elegance to your culinary space. A well-positioned breakfast bar is perfect for entertaining guests while you cook. The primary suite is a serene retreat, featuring a barn door that opens to an exquisitely remodeled bathroom designed to impress. A custom closet system in one of the secondary bedrooms provides smart storage and organization. Step outside to enjoy a low-maintenance backyard complete with paver accents, Turtle Turf, a sprinkler system, and fresh mulchoffering both beauty and ease of care. Additional Upgrades & Features Include: Gutters professionally installed on the roof Dog door conveniently located in the kitchen Water softener installed in 2023 Sunscreens added to all bedroom windows in 2023 This move-in ready home offers modern updates, timeless style, and practical upgrades throughoutmaking it the perfect living space for today.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.23
Remaining Loan Term
27 years, 3 months
Monthly PITI
$2,534.33/mo
Estimated Loan Balance
$342,449
Cash to close
$90,991
Interest Paid
$50,218

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Electric
Features
  • Materials: Stucco, Wood Frame, Painted, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Laminate

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: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style: Ranch
Materials
  • Stucco, Wood Frame, Painted, Block
  • Roof: Tile
Condition
  • Year Built: 2019
Details
  • Builder: Copper Sky Homes

Community & HOA

Community
  • Subdivision: ROMLEY ESTATES
  • Features:
HOA
  • Has HOA: Yes
  • HOA Name: Romley Estates
  • HOA Amenities: Unknown
  • HOA Fee: $59
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $392.82
  • Tax Annual Amount: $2047
  • On Market Date: 2025-03-21T00:00:00.000Z
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 $90,991 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $90,991!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$341,509
Your Cash$90,991
Total Purchase Price:$432,500

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$1,962/mo
Traditional @ 7.15%
$2,494/mo
You save $533/month ($6,392/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6832989

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-11T19:25:19.000Z

© , 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

5.23%
7.15%

Principal & Interest

$1,962 /mo
$2,405 /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 $90,991 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $90,991!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$341,509
Your Cash$90,991
Total Purchase Price:$432,500

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$1,962/mo
Traditional @ 7.15%
$2,494/mo
You save $533/month ($6,392/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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