Cheryl Riley

Cheryl Riley

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$734,900

($190,325 down)
VA

7149 E PLATA Avenue, Mesa, AZ 85212

3
4
2,675 sqft
PITI Monthly
$2,981.44 /mo

Listing courtesy of: Shawna Jones, Realty ONE Group

Assumed Rate

3.45%
7.15%

Principal & Interest

$2,591 /mo
$3,921 /mo

What's Special

SPACIOUS
LUXURY
GRANITE COUNTERTOPS
WALK-IN CLOSET
PATIO
PLAYGROUND

Dream home in Morrison Ranch Desert Place, an ideal setting for multi-generational living. This beautifully designed home features a unique floor plan that offers privacy and convenience. Step inside to discover three well-appointed bedrooms, each thoughtfully positioned to maximize privacy. The first bedroom is a true retreat, complete with its own living space, full closet, and access to main facilities, perfect for in-laws or guests. The second bedroom boasts a walk-in closet and an en-suite bathroom, offering a private sanctuary within the home. The heart of the home is the kitchen, where luxury meets functionality. Newly painted cabinets and exquisite granite countertops set the stage for and exquisite granite countertops set the stage for culinary adventures. Equipped with High-end KitchenAid appliances make this kitchen a chef's dream, including a wall oven that doubles as a convection oven, an additional convection oven, and a gas stovetop with a convenient pot filler.Living spaces flow effortlessly with painted designer colors and new baseboards enhancing the main rooms. Hardwood flooring adds warmth and elegance throughout the home. Step outside to the expansive patio, an entertainer's paradise featuring a large covered area with a built-in BBQ grill, griddle, and outdoor fridge. A spacious paved area, with a gas firepit, provides the perfect setting for hosting gatherings under the stars. Morrison Ranch Desert Place not only offers a stunning home but a vibrant community as well. Enjoy access to multiple playgrounds, volleyball and basketball courts, and beautiful tree-lined streets that invite leisurely strolls. This neighborhood's lush lawns enhance the area's natural beauty, making it a coveted place to live and grow.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.45
Remaining Loan Term
26 years, 11 months
Monthly PITI
$2,981.44/mo
Estimated Loan Balance
$548,645
Cash to close
$190,325
Interest Paid
$59,925

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas, Ceiling
Features
  • Materials: Stucco, Wood Frame, Painted, Spray Foam Insulation
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile, Wood

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:
Materials
  • Stucco, Wood Frame, Painted, Spray Foam Insulation
  • Roof: Tile
Condition
  • Year Built: 2017
Details
  • Builder: Pulte

Community & HOA

Community
  • Subdivision: DESERT PLACE AT MORRISON RANCH PHASE 3
  • Features: Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Desert Place
  • HOA Amenities: Unknown
  • HOA Fee: $284
  • HOA Frequency: $Quarterly
Location
  • Region: Mesa

Financial Details

  • Price per Sqft: $274.73
  • Tax Annual Amount: $2091
  • On Market Date: 2025-04-11T16:20:10.000Z
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 $190,325 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $190,325!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$544,575
Your Cash$190,325
Total Purchase Price:$734,900

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$2,591/mo
Traditional @ 7.15%
$4,067/mo
You save $1,476/month ($17,716/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6849980

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-13T06:57:53.000Z

© , 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

3.45%
7.15%

Principal & Interest

$2,591 /mo
$3,921 /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 $190,325 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $190,325!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$544,575
Your Cash$190,325
Total Purchase Price:$734,900

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$2,591/mo
Traditional @ 7.15%
$4,067/mo
You save $1,476/month ($17,716/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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