Properties / 30007 N CASMARK Lane
FHA ASSUMABLERate: 3.06%

30007 N CASMARK Lane

$479,000
San Tan Valley, AZ 85144
3 beds2 baths1,850 sqftSingle Family
The assumable advantage
3.06%
FHA assumed rate
$56,600 interest already paid off
Estimated Loan Balance$332,735
Cash to close$147,740
Est. Monthly PITI$2,107
Initial Loan Amount$373,018
Time on site50 days
Remaining Term24 years, 10 months
Seller's equity (what you pay)
$146,265
Cash or secondary financing
Monthly savings
$1,230
Versus today's market rate
Est. savings per year
$15K
Versus today's market rate

About this home

1.21 ACRES • NO HOA • HORSE PROPERTY • ROOM FOR RVs, TOYS & MORE! Experience the freedom of acreage living with this beautiful 3 bedroom, 2 bath home, built in 2020, offering 1850 sf on a fully fenced lot in San Tan Valley. Surrounded by wide-open desert and mountain views, this property offers the space, privacy and flexibility that's increasingly hard to find. Inside, you'll find a bright and spacious floor plan with an inviting great room, generous bedrooms and a comfortable primary suite. Step outside to an expansive covered porch--the perfect place to relax, entertain and take in the Arizona sunsets. This property provides incredible possibilities with plenty of room for horses, RVs, trailers, boats, off-road toys, additional parking, a future workshop or garage, and more. With NO HOA you'll have the freedom to truly make the property your own. Enjoy peaceful country-style living while remaining conveniently located near Queen Creek and San Tan Valley shopping, dining, schools and everyday amenities.

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 $146,265. 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
Bathrooms2
Square feet1,850
Property typeSingle Family
MLS #7048373
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)
$1,595/mo
Source est. payment (PITI)
$2,107/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$146,265

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

$0$146,265
Additional funds needed$0

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