$525,000
($304,667 down)3031 W COTTONWOOD Lane, Phoenix, AZ 85045
PITI Monthly
Listing courtesy of: Laila McLain, W and Partners, LLC
Assumed Rate
3.7%
7.15%Principal & Interest
$1,131 /mo
$1,660 /moWhat's Special
Welcome to this beautifully loved and maintained, 3-bedroom, 2-bathroom home, featuring an open-concept layout and stylish finishes throughout. The modern kitchen boasts stainless steel appliances—including a wine fridge—perfect for entertaining. Relax in the spacious living area or retreat to the serene primary suite with an en-suite bath with separate shower and tub, dual sinks and private toilet. Step outside to your low maintenance, private backyard oasis, complete with a sparkling pool, covered patio and turf. A two-car garage provides ample storage and convenience. HVAC was replaced in 2024 - Windows replaced with Pella Windows - Water heater replaced in 2022 . Don't miss this incredible opportunity!
Assumption Snapshot
Type of Loan
FHA
Interest Rate
3.7
Remaining Loan Term
24 years, 9 months
Monthly PITI
$1,642.45/mo
Estimated Loan Balance
$221,233
Cash to close
$304,667
Interest Paid
$45,351
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
Cooling & Heating
- Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
- Heating: Natural Gas
Features
- Materials: Synthetic Stucco, Wood Frame, Painted, Stucco
- Community: Unknown
- Has Fireplace: Yes
- Fireplace Features: 1 Fireplace
- Flooring: Carpet, Stone
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: Heated, Private
Construction
Type & Style
- Stories: 1
- Home type: Single Family Residence
- Architectural Style: Santa Barbara/Tuscan
Materials
- Synthetic Stucco, Wood Frame, Painted, Stucco
- Roof: Tile
Condition
- Year Built: 2004
Details
- Builder: Woodside Homes
Community & HOA
Community
- Subdivision: FOOTHILLS RESERVE PARCEL C
- Features: Playground, Biking/Walking Path
HOA
- Has HOA: Yes
- HOA Name: Foothills Reserve
- HOA Amenities: Unknown
- HOA Fee: $38
- HOA Frequency: $Monthly
Location
- Region: Phoenix
Financial Details
- Price per Sqft: $322.48
- Tax Annual Amount: $2043
- On Market Date: 2025-02-15T10:10:05.000Z
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 $304,667!
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: 6821334
Listing From: Arizona Regional Multiple Listing Service (ARMLS)
Last updated: 2025-03-21T18:58:09.000Z
© , 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
3.7%
7.15%Principal & Interest
$1,131 /mo
$1,660 /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 $304,667!
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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