Lauren Rosin

Lauren Rosin

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$499,998

($287,524 down)
FHA

1561 W 5TH Street, Mesa, AZ 85201

4
4
1,945 sqft
PITI Monthly
$1,424.85 /mo

Listing courtesy of: Caroline Torres, eXp Realty

Assumed Rate

3.31%
7.15%

Principal & Interest

$1,033 /mo
$1,592 /mo

What's Special

LOCATION
SHOPPING
RENOVATED
NO HOA

Beautifully Renovated Home in Desirable Garden Grove Community Recently renovated - No HOA fees **Prime Location:** - Close to Mesa Riverview Park - 4-minute drive to Chicago Cubs Spring Training facility - Easy access to 202, 101, and 60 freeways - Near Tempe Town Lake and Mill Ave **Convenient Living:** - Proximity to shopping centers - Desirable neighborhood Don't miss this fantastic opportunity to own a beautiful home in the Garden Grove Community! Perfect for families, professionals, or anyone looking to enjoy all that Mesa has to offer.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.31
Remaining Loan Term
25 years, 2 months
Monthly PITI
$1,424.85/mo
Estimated Loan Balance
$212,920
Cash to close
$287,524
Interest Paid
$35,859

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s), Mini Split
  • Heating: Natural Gas
Features
  • Materials: Painted, Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate, Vinyl, Tile

Exterior

Fencing
  • Fencing: Block, Chain Link
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 1
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
  • Painted, Brick
  • Roof: Composition
Condition
  • Year Built: 1958
Details
  • Builder: unknow

Community & HOA

Community
  • Subdivision: GARDEN GROVE
  • Features: Near Light Rail Stop, Near Bus Stop
HOA
  • Has HOA: No
Location
  • Region: Mesa

Financial Details

  • Price per Sqft: $257.07
  • Tax Annual Amount: $695
  • On Market Date: 2025-01-31T04:50:11.000Z
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 $287,524 (58%)
You can enter any amount below - secondary financing will cover the difference if needed.
58%
$

You cover the entire equity of $287,524!

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

Loan Breakdown

Assumed Mortgage3.31% Sellers Rate
$212,474
Your Cash:$287,524
Total Purchase Price:$499,998

Assumed vs Traditional Mortgage

Assumed @ 3.31%
$1,033/mo
Traditional @ 7.5%
$1,651/mo
You save $618/month ($7,411/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6813346

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-02T16:23:12.000Z

© , 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

3.31%
7.15%

Principal & Interest

$1,033 /mo
$1,592 /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 $287,524 (58%)
You can enter any amount below - secondary financing will cover the difference if needed.
58%
$

You cover the entire equity of $287,524!

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

Loan Breakdown

Assumed Mortgage3.31% Sellers Rate
$212,474
Your Cash:$287,524
Total Purchase Price:$499,998

Assumed vs Traditional Mortgage

Assumed @ 3.31%
$1,033/mo
Traditional @ 7.5%
$1,651/mo
You save $618/month ($7,411/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Rosin Team eXp Realty
Agent/Broker
Lauren RosinRosin Team eXp Realty(480) 744-4604lrosin@rosinteam.comMLS BR558852000

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© 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 Rosin Team eXp 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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