$365,000
($116 down)11618 W OLIVE Drive, Avondale, AZ 85392
PITI Monthly
Listing courtesy of: Andrew Piane, HomeSmart
Assumed Rate
2.87%
7.15%Principal & Interest
$1,633 /mo
$2,660 /moWhat's Special
SHORT SALE OPPORUNITY! Located in the highly sought-after Garden Lakes community in Avondale, AZ, this home offers scenic lakes, walking trails, & greenbelts. The backyard features a sparkling pool with a newer heater, filter, & pump, framed by low-maintenance turf. Inside, enjoy vaulted ceilings in the living room & a gourmet kitchen with stainless steel appliances, granite countertops, custom cabinetry, & a spacious island. Just 3 miles from Gateway Pavilions with cinemas, Costco, & dining, & less than 10 minutes to Cardinals Stadium, Westgate, Topgolf, & Desert Diamond Casino. Opening in 2025, Mattel Adventure Park will feature Hot Wheels rides, a Barbie Beach House, & more, alongside the VAI Resort's lagoon & entertainment. Perfect as a family home or vacation rental!
Assumption Snapshot
Type of Loan
VA
Interest Rate
2.87
Remaining Loan Term
26 years, 5 months
Monthly PITI
$1,917.19/mo
Estimated Loan Balance
$365,642
Cash to close
$116
Interest Paid
$38,962
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
Cooling & Heating
- Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
- Heating: Electric
Features
- Materials: Synthetic Stucco, Wood Frame, Painted, Stucco
- 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: Yes
- Pool Features: Variable Speed Pump, Heated, Private
Construction
Type & Style
- Stories: 2
- Home type: Single Family Residence
- Architectural Style:
Materials
- Synthetic Stucco, Wood Frame, Painted, Stucco
- Roof: Tile
Condition
- Year Built: 1990
Details
- Builder: Continental Homes
Community & HOA
Community
- Subdivision: GARDEN LAKES
- Features: Lake, Playground, Biking/Walking Path
HOA
- Has HOA: Yes
- HOA Name: Garden Lakes HOA
- HOA Amenities: Unknown
- HOA Fee: $378
- HOA Frequency: $Semi-Annually
Location
- Region: Avondale
Financial Details
- Price per Sqft: $233.38
- Tax Annual Amount: $1610
- On Market Date: 2025-01-18T01:00:05.000Z
Inquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
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You cover the entire equity of $116!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: 6807114
Listing From: Arizona Regional Multiple Listing Service (ARMLS)
Last updated: 2025-03-22T23:57:39.000Z
© , 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
2.87%
7.15%Principal & Interest
$1,633 /mo
$2,660 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $116!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000Resources
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