Billy  Alt

Billy Alt

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Closed

$480,000

($77,406 down)
FHA

5711 W LYDIA Lane, Laveen, AZ 85339

3
2
1,879 sqft
PITI Monthly
$2,978.34 /mo

Listing courtesy of: Christopher J Miller, Keller Williams Realty Professional Partners

Assumed Rate

5.22%
7.15%

Principal & Interest

$2,291 /mo
$2,812 /mo

What's Special

DINING
STAINLESS STEEL APPLIANCES
VAULTED CEILINGS
WALK-IN CLOSET
PATIO

Welcome to this corner lot home backing the community golf course! Sweet curb appeal, synthetic turf, front porch, and 3-car garage w/built-in cabinetry for extra storage. Be welcomed by a living/dining room, soft carpet, and vaulted ceilings. Continue into the family room ideal for intimate gatherings! The eat-in kitchen offers granite counters, a pantry, popular white cabinets, mosaic backsplash, stainless steel appliances, and a center island. Discover a main bedroom boasting an ensuite with separate tub/shower, dual sinks, and a walk-in closet. The large backyard has a full-length covered patio, a blue pool, artificial grass, and a view fence for golfers to keep you entertained. This home is a true gem!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.22
Remaining Loan Term
27 years, 5 months
Monthly PITI
$2,978.34/mo
Estimated Loan Balance
$404,730
Cash to close
$77,406
Interest Paid
$55,127

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Stucco, Wood Frame, Painted, Stone
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block, Wrought Iron
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces: 3
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style: Ranch
Materials
  • Stucco, Wood Frame, Painted, Stone
  • Roof: Tile
Condition
  • Year Built: 2003
Details
  • Builder: HACIENDA BUILDERS

Community & HOA

Community
  • Subdivision: COTTONFIELDS COMMUNITY REPLAT
  • Features: Lake, Gated, Near Bus Stop, Golf, Playground, Biking/Walking Path, Clubhouse
HOA
  • Has HOA: Yes
  • HOA Name: Cottonfields
  • HOA Amenities: Unknown
  • HOA Fee: $249.26
  • HOA Frequency: $Quarterly
Location
  • Region: Laveen

Financial Details

  • Price per Sqft: $255.46
  • Tax Annual Amount: $2707
  • On Market Date: 2025-01-09T00:00:09.000Z
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 $77,406 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $77,406!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$402,594
Your Cash$77,406
Total Purchase Price:$480,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$2,291/mo
Traditional @ 7.15%
$2,917/mo
You save $625/month ($7,506/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6801965

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-30T18:00:00.000Z

© , 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

5.22%
7.15%

Principal & Interest

$2,291 /mo
$2,812 /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 $77,406 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $77,406!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$402,594
Your Cash$77,406
Total Purchase Price:$480,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$2,291/mo
Traditional @ 7.15%
$2,917/mo
You save $625/month ($7,506/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.

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