Properties / 7169 E Stetson Drive
FHA ASSUMABLERate: 3.45%

7169 E Stetson Drive

$279,900
Kingman, AZ 86401
3 beds2 baths2,062 sqftSingle Family
The assumable advantage
3.45%
FHA assumed rate
$43,777 interest already paid off
Estimated Loan Balance$187,327
Cash to close$93,827
Est. Monthly PITI$1,324
Initial Loan Amount$214,051
Time on site36 days
Remaining Term23 years, 9 months
Seller's equity (what you pay)
$92,573
Cash or secondary financing
Monthly savings
$687
Versus today's market rate
Est. savings per year
$8K
Versus today's market rate

About this home

INCREDIBLE JOB FOR THE SELLER HAS ALLOWED AN INCREDIBLE PRICE REDUCTION FOR A BUYER ON THIS BEAUTIFUL HOME!! Nestled amidst beautiful and majestic panoramic views of the Cerbat,Hualapai,Peacock & Music Mountain ranges*Valle Vista GOLF COURSE community,a glittering jewel in the desert just 16 miles northeast of Kingman*Located along the longest remaining stretch of fabled US Route 66,this unique community,with over 3,000 home sites,offers challenging 18-hole golf on a championship course with dramatic views*The HOA amenities include a pool,tennis court and park*($236 annual HOA fee)*Home is perfectly situated on a large 0.25 acre lot*Welcome to this spacious and inviting home featuring low-maintenance rock landscaping,a charming pony brick wall,and plenty of parking with a generous driveway*The home also offers CENTRAL HVAC SYSTEM(Air-conditioning)for year-round comfort. As you enter,you are greeted by a large foyer with a contemporary gray interior palette, crisp white trim,and wood slate TILE flooring throughout most of the home*To the right, you ll find a spacious living room complete with tile flooring, ceiling fan,and a seamless flow into the dining area,which features updated contemporary lighting*French doors with built-in shades lead from the dining area to the covered patio,creating an easy indoor-outdoor living experience*The kitchen offers a functional and stylish layout with a breakfast bar, white cabinetry,granite countertops, an electric glass cook stove,a brand-new stainless steel dishwasher,and a view window above the double-sided stainless steel sink*Enjoy the huge separate family room, highlighted by a cozy wood-burning fireplace and a full-wall entertainment area designed for a TV and sound system*Additional French doors open to the patio, making this space perfect for relaxing or entertaining.The king-size owner s suite features brand-new carpet, a ceiling fan, and a full-wall closet. The private bathroom includes a tiled tub/shower combination and a newer full-size vanity. Both guest bedrooms are generously sized and include brand-new carpet and ceiling fans with lights.The guest bathroom features a convenient walk-in shower.Attached two-car garage with garage door opener and a private rear yard with a block wall, flower bed, mature tree, and RV access. Enjoy the off road trails for all your ATVs

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 $92,573. 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
Bathrooms2
Square feet2,062
Property typeSingle Family
MLS #039282
CountyMaricopa County
Assumable loanFHA
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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)
$964/mo
Source est. payment (PITI)
$1,324/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$92,573

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

$0$92,573
Additional funds needed$0

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