Cliff Pickett

Cliff Pickett

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$250,000

($69,701 down)
FHA

2833 E TRACY Lane UNIT 1, Phoenix, AZ 85032

2
2
960 sqft
PITI Monthly
$1,150.59 /mo

Listing courtesy of: Arvin Roozkhosh, Realty ONE Group

Assumed Rate

2.98%
7.15%

Principal & Interest

$826 /mo
$1,326 /mo

What's Special

PRIVATE BACKYARD
COMMUNITY POOL
COZY

Priced to Sell! Don't miss this incredible opportunity with a 4% assumable mortgage.This beautifully updated corner unit offers 2 bedrooms, 1.5 baths, an open floor plan, and 2 covered carports. Enjoy newer AC, a newer roof, fresh exterior paint, and interior paint done just 2 years ago. Downstairs features durable tile flooring, while upstairs has cozy laminate with views of the community pool. The private backyard is a true retreat with a fig tree, flowering bushes, outdoor lighting, and a landscape watering system. Washer and dryer are conveniently located in the storage area near the kitchen. Direct access to the backyard and carport makes daily living easy. Located just minutes from the 101 & 51 freeways, this home is a rare find.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.98
Remaining Loan Term
26 years, 4 months
Monthly PITI
$1,150.59/mo
Estimated Loan Balance
$181,427
Cash to close
$69,701
Interest Paid
$20,635

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
Features
  • Materials: Stucco, Wood Frame, Painted
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Vinyl, Tile

Exterior

Fencing
  • Fencing: Block, Wood
Roof
  • Roof: Tile
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Apartment
  • Architectural Style: Other
Materials
  • Stucco, Wood Frame, Painted
  • Roof: Tile
Condition
  • Year Built: 1984
Details
  • Builder: unknown

Community & HOA

Community
  • Subdivision: PARADISE MOUNTAIN SHADOWS
  • Features: Community Spa Htd, Community Pool, Near Bus Stop, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Paradise Mountain Sh
  • HOA Amenities: Unknown
  • HOA Fee: $270.04
  • HOA Frequency: $Monthly
Location
  • Region: Phoenix

Financial Details

  • Price per Sqft: $260.42
  • Tax Annual Amount: $428
  • On Market Date: 2025-04-17T17:00:16.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $69,701 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $69,701!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$180,299
Your Cash$69,701
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$826/mo
Traditional @ 7.15%
$1,376/mo
You save $550/month ($6,600/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6852989

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-17T16:59:37.000Z

© , 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

2.98%
7.15%

Principal & Interest

$826 /mo
$1,326 /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 $69,701 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $69,701!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$180,299
Your Cash$69,701
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$826/mo
Traditional @ 7.15%
$1,376/mo
You save $550/month ($6,600/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Pink Realty
Agent/Broker
Cliff PickettPink Realty(719) 659-4073rockhomescos@gmail.comMLS FA100043147

© 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 Pink 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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