Properties / 204 W ATLANTIC Drive
FHA ASSUMABLERate: 6.5%

204 W ATLANTIC Drive

$349,900
Casa Grande, AZ 85122
3 beds3 baths2,373 sqftSingle Family
The assumable advantage
6.5%
FHA assumed rate
$33,616 interest already paid off
Estimated Loan Balance$279,475
Cash to close$70,425
Est. Monthly PITI$2,247
Initial Loan Amount$284,900
Time on site43 days
Remaining Term28 years, 3 months
Seller's equity (what you pay)
$70,425
Cash or secondary financing
Monthly savings
$260
Versus today's market rate
Est. savings per year
$3K
Versus today's market rate

About this home

Welcome to this beautifully maintained home in the highly sought-after Villago community! Thoughtfully designed and impeccably cared for, this home shows like a model. Step inside to an inviting great room featuring soaring vaulted ceilings and upgraded luxury vinyl plank flooring that flows throughout the main living areas. The spacious kitchen is perfect for entertaining, offering upgraded cabinetry, custom lighting, and a reverse osmosis (R/O) system. The adjacent family room creates a warm and functional gathering space for everyday living. There is surround sound in the living room, den and master bedroom. The main level also features a versatile den with a full bathroom, making it ideal as a home office, guest suite, or potential fourth bedroom. Upstairs, you'll find three generously sized bedrooms, including a spacious primary retreat with a large walk-in closet and an en-suite bath featuring a separate soaking tub and shower. Step outside to a generously sized backyard designed for relaxation and entertaining, complete with a covered patio, extended patio space, and a pergola--offering endless possibilities for outdoor enjoyment. One of this home's best features is its location directly across the street from one of Villago's beautiful neighborhood parks. Enjoy the convenience of being just a short walk from a large children's playground, expansive green space, and covered picnic areas--perfect for outdoor recreation, family gatherings, and everyday enjoyment. Don't miss the opportunity to own this exceptional home in one of the area's most desirable communities!

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 $70,425. 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 feet2,373
Property typeSingle Family
MLS #7060411
CountyMaricopa County
Assumable loanFHA
Tour this home
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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)
$1,803/mo
Source est. payment (PITI)
$2,247/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$70,425

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

$0$70,425
Additional funds needed$0

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