Properties / 15200 S REDONDO Road
VA ASSUMABLERate: 2.98%

15200 S REDONDO Road

$250,000
Arizona City, AZ 85123
3 beds2 baths1,418 sqftSingle Family
The assumable advantage
2.98%
VA assumed rate
$37,253 interest already paid off
Estimated Loan Balance$235,215
Cash to close$18,378
Est. Monthly PITI$1,322
Initial Loan Amount$260,036
Time on site50 days
Remaining Term25 years
Seller's equity (what you pay)
$14,785
Cash or secondary financing
Monthly savings
$361
Versus today's market rate
Est. savings per year
$4K
Versus today's market rate

About this home

This is the kind of home that instantly feels welcoming—and comes with a standout advantage: the seller's current loan is assumable, offering buyers a rare chance to step into a lower interest rate in today's market. With no HOA and a bright, open layout, this 3-bedroom, 2-bath home is designed for comfortable everyday living. Vaulted ceilings, thoughtful wall niches, and upgraded fixtures add character without feeling overdone. The kitchen flows seamlessly into the living space and features a breakfast bar plus all appliances—ideal for busy mornings or relaxed dinners at home. The primary suite is a true retreat with a walk-in closet, dual vanities, and a private toilet room. An oversized laundry room with ample storage adds everyday convenience. Outside, enjoy a covered patio and fully fenced, beautifully landscaped yard perfect for unwinding or entertaining. A 2-car garage with recessed lighting and EV charging rounds out the home. Move-in ready, easy to love, and made even better with an assumable loan this is one you don't want to miss.

How assumption works for this home

Can I assume this VA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. You do NOT need to be a veteran to assume a VA loan — this is a common misconception.

How much cash do I actually need?

You need to cover the seller's equity of $14,785. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

Yes — VA assumptions can be used for investment properties. You can rent this home out.

How long does this take?

Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.

Property details

Bedrooms3
Bathrooms2
Square feet1,418
Property typeSingle Family
MLS #6960393
CountyMaricopa County
Assumable loanVA
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Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
Jeff Salazar
Active now · (602) 332-3860
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Payment & cash calculator

Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.

Est. mortgage payment (P&I)
$1,113/mo
Source est. payment (PITI)
$1,322/mo

P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.

Estimated equity gap$14,785

Asking price minus remaining loan balance. Closing costs are additional.

$0$14,785
Additional funds needed$0

The equity gap is covered. Closing costs and assumption fees still need to be confirmed.