Properties / 2344 PATINA Court
FHA ASSUMABLERate: 5.52%

2344 PATINA Court

$274,900
Sierra Vista, AZ 85635
3 beds2 baths1,558 sqftSingle Family
The assumable advantage
5.52%
FHA assumed rate
$51,654 interest already paid off
Estimated Loan Balance$228,756
Cash to close$48,066
Est. Monthly PITI$1,806
Initial Loan Amount$240,562
Time on site50 days
Remaining Term26 years
Seller's equity (what you pay)
$46,144
Cash or secondary financing
Monthly savings
$239
Versus today's market rate
Est. savings per year
$3K
Versus today's market rate

About this home

Welcome to this inviting 3-bedroom, 2-bath home located in the sought-after Copper Sky subdivision, where homes seldom come to market. Positioned on a quiet cul-de-sac, the property offers easy access to Fort Huachuca, shopping, dining, parks, midtown, and the Sierra Vista Mall. Inside, the home features modern lighting and ceiling fans for a clean, contemporary feel. The A/C system and water heater are in good working condition, contributing to the home's comfort and reliability. The bathroom includes a walk-in shower with safety grab bars. The backyard is set on elevated ground, allowing the surrounding walls to provide additional privacy and a relaxing outdoor space. Enjoy nearby walking and biking paths with scenic views of the Huachuca Mountains. A comfortable and move-in ready

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 $46,144. 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 feet1,558
Property typeSingle Family
MLS #6994583
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)
$1,382/mo
Source est. payment (PITI)
$1,806/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$46,144

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

$0$46,144
Additional funds needed$0

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