Properties / 1711 N 33RD Place
FHA ASSUMABLERate: 6.95%

1711 N 33RD Place

$421,000
Phoenix, AZ 85008
3 beds2 baths1,176 sqftSingle Family
The assumable advantage
6.95%
FHA assumed rate
$81,586 interest already paid off
Estimated Loan Balance$313,656
Cash to close$107,689
Est. Monthly PITI$2,619
Initial Loan Amount$326,464
Time on site31 days
Remaining Term26 years, 4 months
Seller's equity (what you pay)
$107,344
Cash or secondary financing
Monthly savings
$317
Versus today's market rate
Est. savings per year
$4K
Versus today's market rate

About this home

Welcome to this charming, NO HOA 3-bedroom, 2-bathroom home in the heart of Phoenix. The bright and inviting floor plan features an updated kitchen, spacious living and family rooms, a cozy fireplace, and sliding glass doors overlooking the backyard. Recent improvements include a new roof, new AC unit, and new flooring throughout the home, providing peace of mind and a fresh, modern feel. The private backyard is perfect for entertaining, featuring a sparkling swimming pool, covered patio, mature landscaping. The property also offers a 2-car covered carport, additional parking, natural gas, city water, and convenient access to shopping, restaurants, and major freeways. This

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 $107,344. 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 feet1,176
Property typeSingle Family
MLS #7065013
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)
$2,166/mo
Source est. payment (PITI)
$2,619/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$107,344

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

$0$107,344
Additional funds needed$0

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