Properties / 7475 E Paraiso Drive
VA ASSUMABLERate: 3.16%

7475 E Paraiso Drive

$775,000
Scottsdale, AZ 85255
3 beds3 baths2,353 sqftSingle Family
The assumable advantage
3.16%
VA assumed rate
$91,823 interest already paid off
Estimated Loan Balance$449,012
Cash to close$331,082
Est. Monthly PITI$2,660
Initial Loan Amount$510,339
Time on site50 days
Remaining Term24 years
Seller's equity (what you pay)
$325,988
Cash or secondary financing
Monthly savings
$2,344
Versus today's market rate
Est. savings per year
$28K
Versus today's market rate

About this home

$24,000 PRICE IMPROVEMENT! Luxury, location and value now come together in this beautifully appointed townhome. Seller has made a significant price adjustment, creating an exceptional buying opportunity in one of Scottsdale's most desirable areas. Perfectly positioned in the heart of North Scottsdale, this meticulously maintained luxury townhome offers the ideal blend of upscale living, convenience and the vibrant Arizona lifestyle buyers are searching for. Located within an exclusive gated community, this residence places you just minutes from world-class golf, premier shopping, award-winning dining, luxury resorts, spring training baseball, hiking/biking trails, live entertainment and many of Scottsdale's most popular annual events. Whether you're seeking a full-time residence or an elegant lock-and-leave retreat, you'll love the unbeatable proximity to Kierland Commons, Scottsdale Quarter, Barrett-Jackson, the WM Phoenix Open, WestWorld events, upscale spas, and easy Loop 101 access for seamless travel throughout the Valley. Inside, showcases thoughtful upgrades and refined finishes throughout. From the oversized metal security entry door to the expansive nearly 14ft kitchen island designed for gathering & entertaining. The chef's kitchen features granite countertops, double ovens, a gas cooktop, updated lighting, wood flooring, plantation shutters, and stylish ceiling fans throughout. The versatile loft area offers endless flexibility for today's lifestyle -- ideal as a home office, media room, fitness space or additional guest retreat. Step outside into your own private outdoor sanctuary complete with stone tile, cozy gas fire-pit with electronic ignition and inviting bistro lighting, perfect for relaxing after a night out enjoying Scottsdale's renowned dining and entertainment scene. Even the garage impresses with like-new epoxy flooring and sleek metal storage cabinetry. Combining luxury, low-maintenance living and access to the very best of North Scottsdale's active lifestyle, this exceptional home truly must be experienced in person.

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 $325,988. 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
Bathrooms3
Square feet2,353
Property typeSingle Family
MLS #7018449
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)
$2,226/mo
Source est. payment (PITI)
$2,660/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$325,988

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

$0$325,988
Additional funds needed$0

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