Properties / 260 RIDGE Road
VA ASSUMABLERate: 4.1%

260 RIDGE Road

$1,699,900
Sedona, AZ 86336
3 beds4 baths3,444 sqftSingle Family
The assumable advantage
4.1%
VA assumed rate
$219,139 interest already paid off
Estimated Loan Balance$556,881
Cash to close$1,141,576
Est. Monthly PITI$3,982
Initial Loan Amount$681,390
Time on site1 day
Remaining Term20 years, 6 months
Seller's equity (what you pay)
$1,143,019
Cash or secondary financing
Monthly savings
$6,675
Versus today's market rate
Est. savings per year
$80K
Versus today's market rate

About this home

Cookie cutter? Not a chance. This European-inspired retreat was built by someone with taste and zero interest in blending in: hand-troweled plaster, carved beams, a copper farmhouse sink, a copper soaking tub, all across 3,444 sq ft on two levels. The living room goes vertical: soaring ceilings, stone fireplace, and a wall of glass that turns red rock into wall art. Formal dining with views that outshine the china. Eat-in kitchen built for the way you actually live. Two primary suites. w/ 3rd bdrm used as an office, 3.5 bath, .298 acres. Wrap-around view decks on both levels, hot tub under the stars, second living room and fireplace downstairs. Hiking and biking trails start at your door & you're in the heart of Uptown Sedona. Short-term rentals allowed: own as your 2nd home, let it earn while you're gone. Houses like this don't get built twice. Priced as-is, with the pre-inspection and contractor bid available. Year built is 1985 but Prior owner did major remodel in 2010.

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 $1,143,019. 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
Bathrooms4
Square feet3,444
Property typeSingle Family
MLS #7078287
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)
$3,350/mo
Source est. payment (PITI)
$3,982/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$1,143,019

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

$0$1,143,019
Additional funds needed$0

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