Properties / 1400 W PIMA Avenue
FHA ASSUMABLERate: 5.22%

1400 W PIMA Avenue

$312,900
Coolidge, AZ 85128
4 beds2 baths1,885 sqftSingle Family
The assumable advantage
5.22%
FHA assumed rate
$61,431 interest already paid off
Estimated Loan Balance$294,108
Cash to close$21,788
Est. Monthly PITI$2,179
Initial Loan Amount$309,233
Time on site50 days
Remaining Term26 years, 1 month
Seller's equity (what you pay)
$18,792
Cash or secondary financing
Monthly savings
$123
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

Welcome to this beautifully maintained 4-bedroom, 2-bath home in Coolidge, AZ , home of the historic Casa Grande Ruins with an assumable loan! This newer home offers a bright and open floor plan designed for modern living. The spacious kitchen features white cabinetry, granite countertops, and wood-look tile flooring that flows seamlessly through the main living areas, while all bedrooms are comfortably carpeted. Ceiling fans in every room provide year-round comfort. The primary suite includes a dual vanity, walk-in closet, and a thoughtfully designed layout for privacy and relaxation. Step outside to a covered patio and enjoy your private backyard with no neighbors behind you, offering added privacy and peaceful desert views. The low-maintenance desert landscaping enhances curb appeal w keeping upkeep simple. Conveniently located near schools, shopping, dining, and easy access to I-10, this home offers both comfort and accessibility. Do not miss this incredible opportunity to own a move-in ready home in a growing community.

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 $18,792. 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
Bathrooms2
Square feet1,885
Property typeSingle Family
MLS #6988430
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)
$1,722/mo
Source est. payment (PITI)
$2,179/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$18,792

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

$0$18,792
Additional funds needed$0

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