Properties / 1343 E LUPINE Avenue
VA ASSUMABLERate: 3.02%

1343 E LUPINE Avenue

$845,000
Phoenix, AZ 85020
4 beds3 baths3,895 sqftSingle Family
The assumable advantage
3.02%
VA assumed rate
$78,232 interest already paid off
Estimated Loan Balance$410,176
Cash to close$438,614
Est. Monthly PITI$2,560
Initial Loan Amount$467,500
Time on site50 days
Remaining Term24 years, 1 month
Seller's equity (what you pay)
$434,824
Cash or secondary financing
Monthly savings
$2,984
Versus today's market rate
Est. savings per year
$36K
Versus today's market rate

About this home

Tucked behind the gates of Legends at Pointe Tapatio Cliffs and backing directly to the Phoenix Mountain Preserve, this custom Tuscan-inspired residence offers a rare kind of living in Phoenix- one where mountain trails, desert sunsets, and quiet mornings exist just minutes from the heart of the city. Few communities offer this balance so effortlessly. Here, hiking, biking, trail running, and evening walks with the dogs begin practically from your backyard, surrounded by some of the most breathtaking mountain scenery Phoenix has to offer. Spanning nearly 3,900 square feet, this 4-bedroom, 3-bath home was designed with both presence and livability in mind. Beyond the custom wrought iron entry framed in imported Cantera stone, the interiors unfold with soaring ceilings, polished travertine floors with stone inlays, hardwood flooring, crown molding, plantation shutters, crystal chandeliers, and hand-crafted iron details that bring warmth and character throughout. At the center of the home, the gourmet kitchen blends beauty and function with rich cherrywood cabinetry, granite countertops, upgraded newer appliances, and an effortless connection to the family room and breakfast area, creating a space equally suited for intimate mornings or large gatherings that spill naturally outdoors. A formal dining room with built-in cabinetry and fireplace offers flexibility as a refined entertaining space, library, or additional living area. Upstairs, the primary suite becomes its own private retreat with a sitting area, dual walk-in closets, and a spa-inspired bath designed for slowing down at the end of the day. Additional bedrooms are thoughtfully arranged, including a Jack and Jill layout upstairs and a full guest suite on the main level for visitors, multigenerational living, or a home office. Outside, terraced patios, a built-in stainless steel BBQ, low-maintenance landscaping, and sweeping preserve views create an outdoor experience that feels peaceful, elevated, and deeply connected to the desert surrounding it. And while the setting feels worlds away, you remain moments from some of North Phoenix's most loved destinations, including the Hilton at Tapatio Cliffs, Lookout Mountain Golf Club, award-winning dining at Different Pointe of View, and convenient access to downtown Phoenix, Sky Harbor, and the Valley's central corridors. With solar, extensive upgrades, timeless finishes, and an irreplaceable preserve setting, this is more than a home. It's one of those rare places that makes Phoenix feel entirely different. Also available is an exceptional 2.375% assumable interest rate -- please inquire for details. This home also offers instant equity, having been appraised in May 2026 for $855,000. Come see the magic for yourself.

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 $434,824. 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 feet3,895
Property typeSingle Family
MLS #7025382
CountyMaricopa County
Assumable loanVA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
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)
$1,999/mo
Source est. payment (PITI)
$2,560/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$434,824

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

$0$434,824
Additional funds needed$0

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