Cheryl Riley

Cheryl Riley

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$470,000

($152,807 down)
FHA

914 E PEDRO Road, Phoenix, AZ 85042

4
2
1,967 sqft
PITI Monthly
$2,613.76 /mo

Listing courtesy of: Joseph McClain, Decker and Associates Realty, LLC

Assumed Rate

6.36%
7.15%

Principal & Interest

$2,028 /mo
$2,199 /mo

What's Special

SERENE
SHOPPING
DINING
SPACIOUS
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
WALK-IN CLOSET
PATIO
PLAYGROUND
MOUNTAIN VIEWS
EFFICIENT

Beautifully maintained rare oppotunity to own a 4 bedroom home in the gated Dobbins Creek community with stunning South Mountain views! This spacious single-level home features an open-concept floor plan, granite countertops, stainless steel appliances, a kitchen island, and abundant natural light throughout. The primary suite offers a walk-in closet and serene retreat. Enjoy Arizona living with a covered patio, desert landscaping, and grassy yard—perfect for relaxing or entertaining. Energy-efficient upgrades include dual-pane Low-E windows and gas heating. Located near hiking trails, high-rated schools, shopping, dining, and freeway access. Community amenities include playgrounds, greenbelts, and walking paths.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.36
Remaining Loan Term
27 years, 10 months
Monthly PITI
$2,613.76/mo
Estimated Loan Balance
$318,562
Cash to close
$152,807
Interest Paid
$44,324

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
Features
  • Materials: Stucco, Wood Frame, Painted
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: 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: Ranch
Materials
  • Stucco, Wood Frame, Painted
  • Roof: Tile
Condition
  • Year Built: 2002
Details
  • Builder: KB Homes

Community & HOA

Community
  • Subdivision: DOBBINS CREEK
  • Features: Gated, Near Bus Stop, Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Dobbins Creek
  • HOA Amenities: Unknown
  • HOA Fee: $130
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $238.94
  • Tax Annual Amount: $2260
  • On Market Date: 2025-04-08T23:30:13.000Z
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 $152,807 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $152,807!

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

Loan Breakdown

Assumed Mortgage6.36% Sellers Rate
$317,193
Your Cash$152,807
Total Purchase Price:$470,000

Assumed vs Traditional Mortgage

Assumed @ 6.36%
$2,028/mo
Traditional @ 7.15%
$2,281/mo
You save $253/month ($3,036/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6848293

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-14T20:01:18.000Z

© , 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

6.36%
7.15%

Principal & Interest

$2,028 /mo
$2,199 /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 $152,807 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $152,807!

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

Loan Breakdown

Assumed Mortgage6.36% Sellers Rate
$317,193
Your Cash$152,807
Total Purchase Price:$470,000

Assumed vs Traditional Mortgage

Assumed @ 6.36%
$2,028/mo
Traditional @ 7.15%
$2,281/mo
You save $253/month ($3,036/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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