Properties / 10938 E SOMBRA Circle
VA ASSUMABLERate: 6.42%

10938 E SOMBRA Circle

$525,000
Mesa, AZ 85212
3 beds2 baths1,895 sqftSingle Family
The assumable advantage
6.42%
VA assumed rate
$112,636 interest already paid off
Estimated Loan Balance$479,585
Cash to close$45,984
Est. Monthly PITI$3,480
Initial Loan Amount$500,000
Time on site29 days
Remaining Term26 years, 6 months
Seller's equity (what you pay)
$45,415
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Why wait for a new neighborhood to take shape when you can move into an established community surrounded by exciting new growth? This beautifully maintained 1,895 sq. ft. home offers 3 bedrooms, 2 bathrooms, a spacious den with the potential to become a 4th bedroom, an open concept layout, and an upgraded kitchen with quartz countertops, a large island, gas cooktop, stainless steel appliances, and walk in pantry. Enjoy the benefits of an established neighborhood while new development and opportunity continue to expand throughout the surrounding area. Designed for both everyday living and entertaining, the kitchen is finished with a tile backsplash, staggered cabinetry, and modern black hardware, while luxury vinyl plank flooring flows throughout the main living areas. The oversized den offers incredible flexibility and could easily be converted into a 4th bedroom, or used as a home office, playroom, workout space, or guest area. The spacious primary suite features dual vanities, a walk in shower, and a generous walk in closet. Additional features include Berber carpet in the bedrooms, ceiling fans throughout, a tankless water heater, and an iron security gate at the front entrance. Step outside to a thoughtfully upgraded backyard featuring new smart landscaping and an impressive collection of fruit trees and plantings. Two young desert willows add to the landscape, while lemon, clementine, peach, apple, and fig trees offer fresh fruit right from your own backyard. A passionfruit vine growing along the trellis adds another unique touch to this outdoor space. Here, you can skip the construction noise, dust, and constant building activity that comes with buying in a brand new neighborhood while still being positioned near all the growth happening around you. Convenient access to the US 60 and SR 24 makes getting around the East Valley easy, with the dining, shopping, and entertainment of both Queen Creek and Gilbert just a quick drive away. Move in, get settled, and enjoy an established community in an area with exciting momentum and future potential.

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 $45,415. 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

Bedrooms3
Bathrooms2
Square feet1,895
Property typeSingle Family
MLS #7065975
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)
$3,142/mo
Source est. payment (PITI)
$3,480/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$45,415

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

$0$45,415
Additional funds needed$0

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