Properties / 4154 N 81ST Street
FHA ASSUMABLERate: 3.78%

4154 N 81ST Street

$290,000
Scottsdale, AZ 85251
2 beds1 baths904 sqftSingle Family
The assumable advantage
3.78%
FHA assumed rate
$55,316 interest already paid off
Estimated Loan Balance$147,843
Cash to close$141,779
Est. Monthly PITI$1,170
Initial Loan Amount$181,649
Time on site0 days
Remaining Term21 years, 3 months
Seller's equity (what you pay)
$142,157
Cash or secondary financing
Monthly savings
$866
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

Picture this: mornings that start with a short walk to Indian School Park, racquet in hand, for an early match on the tennis courts before the Arizona sun gets too warm. Afternoons spent floating in the community pool just steps from your front door, unwinding after a busy week. Evenings that end a few minutes away in the heart of Old Town Scottsdale, a stroll through galleries, dinner at a favorite patio spot, or drinks with friends without ever needing to fight traffic to get home. Located in one of Scottsdale's most convenient locations, this charming condo has been thoughtfully refreshed throughout, offering a move-in-ready feel with modern finishes and comfortable living spaces. The private patio is already equipped with power for an EV charging station, making it easy to plug in a charge at home. Commuters and weekend adventurers alike will appreciate quick access to Scottsdale Fashion Square, Talking Stick Resort, Tempe Marketplace, ASU, and the 101 freeway all just a short drive away, while the quieter residential setting keeps you away from weekend crowds and noise. Whether you're looking for a low-maintenance lock-and-leave lifestyle, an investment property, or your next home base in the heart of Scottsdale, this updated gem checks all the boxes.

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 $142,157. 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

Bedrooms2
Bathrooms1
Square feet904
Property typeSingle Family
MLS #7079538
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$844/mo
Source est. payment (PITI)
$1,170/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$142,157

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

$0$142,157
Additional funds needed$0

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