Properties / 17033 N 51st Way
VA ASSUMABLERate: 6.22%

17033 N 51st Way

$1,649,999
Scottsdale, AZ 85254
4 beds4 baths3,763 sqftSingle Family
The assumable advantage
6.22%
VA assumed rate
$33,545 interest already paid off
Estimated Loan Balance$648,756
Cash to close$1,005,699
Est. Monthly PITI$4,406
Initial Loan Amount$650,000
Time on site50 days
Remaining Term29 years, 2 months
Seller's equity (what you pay)
$1,001,243
Cash or secondary financing
Monthly savings
$5,710
Versus today's market rate
Est. savings per year
$69K
Versus today's market rate

About this home

Welcome to this beautiful single-level home in the gated community of Arabella with panoramic mountain views, located within one of the Valley's top A+ school districts! The thoughtful floor plan is filled w abundant natural light throughout, anchored by a chef's kitchen w premium appliances and seamless flow into the family room w gas fireplace and formal dining. Offering 3 Bedrooms, plus a versatile den/game space, & a private attached casita w living area, bedroom & bath - ideal for guests or multigenerational living. Step outside to a newly added resort-style backyard featuring a heated 50-ft lap pool w beach entry, spa, travertine pavers, & the advanced IntelliChem automated chemical management system, designed to automatically monitor and balance water chemistry. Additional highlights include multiple R/O filtration systems, a 2-car extended-depth garage w epoxy flooring & utility sink, and a separate 1-car garage wired for a 220V EV charger.

How assumption works for this home

Can I assume this VA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. You do NOT need to be a veteran to assume a VA loan — this is a common misconception.

How much cash do I actually need?

You need to cover the seller's equity of $1,001,243. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

Yes — VA assumptions can be used for investment properties. You can rent this home out.

How long does this take?

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

Property details

Bedrooms4
Bathrooms4
Square feet3,763
Property typeSingle Family
MLS #6980204
CountyMaricopa County
Assumable loanVA
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Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
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)
$4,021/mo
Source est. payment (PITI)
$4,406/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$1,001,243

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

$0$1,001,243
Additional funds needed$0

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