Properties / 28536 N SUNSET Drive
FHA ASSUMABLERate: 2.84%

28536 N SUNSET Drive

$460,000
San Tan Valley, AZ 85143
5 beds3 baths2,699 sqftSingle Family
The assumable advantage
2.84%
FHA assumed rate
$44,462 interest already paid off
Estimated Loan Balance$307,193
Cash to close$154,866
Est. Monthly PITI$1,942
Initial Loan Amount$341,880
Time on site50 days
Remaining Term25 years, 2 months
Seller's equity (what you pay)
$152,807
Cash or secondary financing
Monthly savings
$1,288
Versus today's market rate
Est. savings per year
$15K
Versus today's market rate

About this home

This move-in-ready 2-story in San Tan Valley features a saltwater pool and covered patio, plus real upgrades: 8.88kW owned solar, AC entering its 3rd summer, and exterior paint refreshed 3 yrs ago. Inside, an open great room flows to a kitchen with granite counters, stainless steel appliances, recessed lighting, walk-in pantry, and breakfast bar. A flexible loft suits a media room, office, or playroom; the primary suite offers a private ensuite and walk-in closet. The backyard is a true Arizona retreat. Beyond the saltwater pool, enjoy a full garden, greenhouse, and planters, all on water automation for effortless, year-round growing. New irrigation runs across the entire property alongside the 3-year-old pool and landscaping, keeping everything lush with minimal upkeep. A covered patio and storage shed complete the space, and a Honda lawnmower is included for the new owner. With owned solar already in place and a saltwater pool delivering a softer, gentler swim, this home pairs everyday savings with everyday enjoyment.

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 $152,807. 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

Bedrooms5
Bathrooms3
Square feet2,699
Property typeSingle Family
MLS #7041817
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)
$1,425/mo
Source est. payment (PITI)
$1,942/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$152,807

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

$0$152,807
Additional funds needed$0

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