Cheryl Riley

Cheryl Riley

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$370,000

($86,888 down)
FHA

8744 W MADISON Street, Peoria, AZ 85345

4
2
1,432 sqft
PITI Monthly
$2,209.58 /mo

Listing courtesy of: Ruby Graf, Century 21 Arizona Foothills

Assumed Rate

6.82%
7.15%

Principal & Interest

$1,869 /mo
$1,932 /mo

What's Special

SHOPPING
SPACIOUS
BREAKFAST NOOK
VAULTED CEILINGS
PATIO
NO HOA

This is the ONE! No HOA! Spacious 4 bed, 2 bath home in sought-after Peoria neighborhood. Enjoy an open layout with vaulted ceilings, a large living area, and a bright kitchen with breakfast nook. Laminate wood flooring, carpet in bedrooms, and tile in all the right places. Garage converted to 4th bedroom but can easily be converted back to a 2 car garage. Bedrooms are roomy and inviting. Front and back security doors let in fresh air year-round. Backyard features turf, play equipment, covered patio, RV gate, and barn-style shed. AC is 5 years new! Refrigerator, washer, and dryer included! Directly across from Monroe Park and close to shopping, freeways, library, and community amenities! Professional photos to be added soon!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.82
Remaining Loan Term
29 years, 1 months
Monthly PITI
$2,209.58/mo
Estimated Loan Balance
$284,138
Cash to close
$86,888
Interest Paid
$17,810

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • 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: Composition
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
  • Roof: Composition
Condition
  • Year Built: 1994
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: MONROE PARK ESTATES LOT 1A-51A 1B-51B TR A
  • Features: Playground
HOA
  • Has HOA: No
Location
  • Region: Peoria

Financial Details

  • Price per Sqft: $258.38
  • Tax Annual Amount: $712
  • On Market Date: 2025-04-14T00:00:00.000Z
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 $86,888 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $86,888!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$283,112
Your Cash$86,888
Total Purchase Price:$370,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$1,869/mo
Traditional @ 7.15%
$2,005/mo
You save $135/month ($1,625/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6850988

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-14T07:15:25.000Z

© , 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

6.82%
7.15%

Principal & Interest

$1,869 /mo
$1,932 /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 $86,888 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $86,888!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$283,112
Your Cash$86,888
Total Purchase Price:$370,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$1,869/mo
Traditional @ 7.15%
$2,005/mo
You save $135/month ($1,625/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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