Properties / 5349 BEAR RUN Road
FHA ASSUMABLERate: 5.41%

5349 BEAR RUN Road

$510,000
Lakeside, AZ 85929
4 beds3 baths2,221 sqftSingle Family
The assumable advantage
5.41%
FHA assumed rate
$90,029 interest already paid off
Estimated Loan Balance$406,062
Cash to close$106,256
Est. Monthly PITI$3,043
Initial Loan Amount$428,041
Time on site50 days
Remaining Term26 years, 1 month
Seller's equity (what you pay)
$103,938
Cash or secondary financing
Monthly savings
$584
Versus today's market rate
Est. savings per year
$7K
Versus today's market rate

About this home

Experience the perfect blend of mountain serenity and central convenience in this tree-surrounded retreat. An incredibly spacious floor plan showcases vaulted ceilings and skylights that flood the home with natural light, complemented by luxury vinyl plank flooring throughout. The oversized kitchen features a gas cooktop, built-in wall oven, and microwave--ideal for everyday living and entertaining. The primary suite offers a large shower, jetted tub, and cedar-lined walk-in closet. Enjoy formal dining, a wet bar, and a flexible 4th bedroom perfect for an office or gym. Added touches are a tankless water heater and covered front porch for relaxing. The backyard features a covered patio and pavers, creating a true outdoor escape. Don't miss this rare opportunity.

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 $103,938. 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

Bedrooms4
Bathrooms3
Square feet2,221
Property typeSingle Family
MLS #7021747
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)
$2,424/mo
Source est. payment (PITI)
$3,043/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$103,938

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

$0$103,938
Additional funds needed$0

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