Billy  Alt

Billy Alt

Property SearchContact
primary-1
primary-2primary-3
Closed

$459,900

($229,305 down)
VA

12240 N GAMBEL Drive, Fountain Hills, AZ 85268

2
2
1,641 sqft
PITI Monthly
$1,218.54 /mo

Listing courtesy of: Dave Messner, Realty ONE Group

Assumed Rate

2.98%
7.15%

Principal & Interest

$1,052 /mo
$1,689 /mo

What's Special

DINING
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
VAULTED CEILINGS
PATIO

DRASTIC PRICE REDUCTION-PRICED FOR IMMEDIATE SALE-PROPERTY SOLD ''AS IS.'' This home is an outstanding value, it could use some cosmetic improvements (paint and flooring) and some polish. It is priced to give the buyers some instant equity. Check the comps, then bring us your offer. Open living room dining room area. Eat in kitchen featuring pretty cabinetry, stainless steel appliances and granite countertops..Vaulted ceilings. Small room off hallway (currently used as an office) is thought to have been a laundry room at one point. Double door den could be converted into a 3rd bedroom by adding a closet. Large covered patio. Nice privacy lot with minimal maintenance needed. This home is priced to sell quickly. See it today.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.98
Remaining Loan Term
26 years, 3 months
Monthly PITI
$1,218.54/mo
Estimated Loan Balance
$231,550
Cash to close
$229,305
Interest Paid
$26,853

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Sewer in & Cnctd, Public Sewer
  • Water Source: Pvt Water Company
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style: Spanish
Materials
  • Stucco, Wood Frame, Painted
  • Roof: Tile
Condition
  • Year Built: 1993
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: MORNINGSIDE AT LAKESIDE VILLAGE LOTS 1-73 PARCEL A-F
  • Features: Lake, Community Spa, Community Spa Htd, Community Pool Htd, Community Pool
HOA
  • Has HOA: Yes
  • HOA Name: LAKESIDE
  • HOA Amenities: Unknown
  • HOA Fee: $390
  • HOA Frequency: $Quarterly
Location
  • Region: Fountain Hills

Financial Details

  • Price per Sqft: $280.26
  • Tax Annual Amount: $1
  • On Market Date: 2025-03-02T05:40:03.000Z
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 $229,305 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $229,305!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$230,595
Your Cash$229,305
Total Purchase Price:$459,900

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,052/mo
Traditional @ 7.15%
$1,752/mo
You save $700/month ($8,406/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6828819

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-05-01T21:00:00.000Z

© , 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

$1,052 /mo
$1,689 /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 $229,305 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $229,305!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$230,595
Your Cash$229,305
Total Purchase Price:$459,900

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,052/mo
Traditional @ 7.15%
$1,752/mo
You save $700/month ($8,406/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Alt Group
Agent/Broker
Billy AltAlt Group (702) 250-1090info@altgrouplv.comMLS BS.1001764

© 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 Alt Group 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.

equal-housing

Alt Group © is committed to and abides by the Fair Housing Act of Equal Opportunity.