Properties / 14242 W COUNTRY GABLES Drive
FHA ASSUMABLERate: 6.5%

14242 W COUNTRY GABLES Drive

$329,900
Surprise, AZ 85379
3 beds3 baths1,375 sqftSingle Family
The assumable advantage
6.5%
FHA assumed rate
$39,951 interest already paid off
Estimated Loan Balance$318,177
Cash to close$12,374
Est. Monthly PITI$2,423
Initial Loan Amount$324,022
Time on site50 days
Remaining Term28 years, 2 months
Seller's equity (what you pay)
$11,723
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Welcome to this beautifully maintained home in the highly desirable Sierra Verde community, where comfort, convenience, and location come together! Ideally situated just minutes from Ottawa University, Surprise Stadium (home of MLB Spring Training), the Surprise Aquatic Center, and the incredible shopping, dining, and entertainment at Village at Prasada, you'll love having everything you need right at your fingertips. The home offers a functional floor plan with spacious living areas, an inviting kitchen, generously sized bedrooms, and a private backyard perfect for relaxing or entertaining. Whether looking to downsize, or searching for a fantastic investment opportunity, this home checks all the boxes. Enjoy nearby parks, walking trails, community pool, easy freeway access!!!! freeway access, and all that one of Surprise's most sought-after locations has to offer. Come experience why this neighborhood is such a wonderful place to call home!

How assumption works for this home

Can I assume this FHA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. FHA assumptions require you to use the home as your primary residence.

How much cash do I actually need?

You need to cover the seller's equity of $11,723. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.

How long does this take?

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

Property details

Bedrooms3
Bathrooms3
Square feet1,375
Property typeSingle Family
MLS #7056682
CountyMaricopa County
Assumable loanFHA
Tour this home
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Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
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)
$2,054/mo
Source est. payment (PITI)
$2,423/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$11,723

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

$0$11,723
Additional funds needed$0

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