Properties / 7701 N 177TH Avenue
VA ASSUMABLERate: 3.02%

7701 N 177TH Avenue

$1,149,999
Waddell, AZ 85355
4 beds3 baths2,700 sqftSingle Family
The assumable advantage
3.02%
VA assumed rate
$79,122 interest already paid off
Estimated Loan Balance$441,817
Cash to close$711,181
Est. Monthly PITI$2,495
Initial Loan Amount$499,000
Time on site50 days
Remaining Term24 years, 6 months
Seller's equity (what you pay)
$708,182
Cash or secondary financing
Monthly savings
$4,654
Versus today's market rate
Est. savings per year
$56K
Versus today's market rate

About this home

Beautifully maintained horse property with two master bedrooms on 2 flood irrigated acres. Built in BBQ, white 3-rail vinyl fencing, electric gate, and privacy fencing around the backyard. Offering 2% towards closing costs or rate buydown w/a offer! Features include a 35'x35 Shop/RV garage, climate-controlled 2-car garage, 5-year-old roof, and 8-month-old HVAC system. The home offers two master bedrooms, granite countertops, newer appliances, fireplace, and views of the sparkling pool with climate-controlled pool house, new variable speed pool pump, and new cartridge filter. Equestrian setup includes a 6-stall barn, arena, dry lot, 11'x15' tack room, and grain bin for feed storage. Recent appraisal completed for added confidence and value. This home has Grandfathered NetMetering Solar as w Experience the perfect blend of comfort, functionality, and country living on this beautifully maintained property featuring two flood irrigated acres designed for both relaxation and equestrian enjoyment. Surrounded by mature trees and enclosed with attractive 3-rail white vinyl fencing, this exceptional property offers privacy, convenience, and room to roam, complete with an electric front gate and white vinyl privacy fencing around the yard area. The home features granite countertops, newer appliances, a cozy fireplace, and thoughtfully updated systems for peace of mind, including a 5-year-old roof and an 8-month-old HVAC system. Step outside to enjoy the sparkling pool with a new variable speed pool pump and new cartridge pool filter, along with a climate-controlled pool house perfect for entertaining, hobbies, or additional flex space. Car enthusiasts, hobbyists, and RV owners will appreciate the impressive 35'x35' RV garage/shop complete with insulation and a swamp cooler, as well as the insulated and climate-controlled two-car garage. Equestrian amenities are already in place and ready to go, including a 6-stall horse barn with automatic waterers, dry lot, arena, 11'x15' tack room/shed, and grain bin for feed storage. This well-cared-for property combines modern updates, exceptional outbuildings, and horse facilities in a serene setting. A recent appraisal has already been completed, adding confidence and value for prospective buyers.

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 $708,182. 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

Bedrooms4
Bathrooms3
Square feet2,700
Property typeSingle Family
MLS #7025908
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)
$2,128/mo
Source est. payment (PITI)
$2,495/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$708,182

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

$0$708,182
Additional funds needed$0

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