Properties / 1330 W Via De Olivos
VA ASSUMABLERate: 6.08%

1330 W Via De Olivos

$574,900
Queen Creek, AZ 85140
2 beds3 baths2,158 sqftSingle Family
The assumable advantage
6.08%
VA assumed rate
$38,371 interest already paid off
Estimated Loan Balance$340,784
Cash to close$234,116
Est. Monthly PITI$2,311
Initial Loan Amount$347,945
Time on site8 days
Remaining Term28 years, 3 months
Seller's equity (what you pay)
$234,116
Cash or secondary financing
Monthly savings
$1,284
Versus today's market rate
Est. savings per year
$15K
Versus today's market rate

About this home

Built in 2024, this move-in-ready 2-bedroom plus den home in the gated Ovation at Meridian community in Queen Creek combines newer construction with more than $60,000 in upgrades. Set on a quiet street off the main road and backing to open desert space, the home offers added privacy and natural views. The fully landscaped backyard is designed for easy outdoor living with turf, pavers, a north-facing covered patio, built-in fountain, and a fenced side yard with a dog door for convenient pet access. The community dog park is also within walking distance. Expanded paver walkways and a custom iron front door add to the home's finished exterior, while shutters and blinds are already installed throughout. Inside, the open-concept great room brings the kitchen, dining, and living spaces together in a comfortable, functional layout. The kitchen features quartz countertops, stainless steel appliances, a center island, gas cooktop, and a large walk-in pantry. A dedicated den provides flexible space for an office, hobbies, or additional living needs. The primary suite is filled with natural light and includes backyard views, a spacious walk-in closet, dual sinks, and a walk-in shower. Storage and workspace continue in the fully finished 2.5-car garage, complete with an epoxy floor, custom cabinetry on three sides, a built-in workbench, and overhead storage. Ovation at Meridian amenities include a clubhouse, resort-style pool and spa, fitness center, pickleball and tennis courts, walking paths, and a dog park. Dining and shopping are approximately five minutes away, including the Queen Creek Olive Mill. With the upgrades, landscaping, storage, and finishing touches already in place, this home is ready to enjoy from day one. Come see what makes this home special.

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 $234,116. 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

Bedrooms2
Bathrooms3
Square feet2,158
Property typeSingle Family
MLS #7073207
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)
$2,106/mo
Source est. payment (PITI)
$2,311/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$234,116

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

$0$234,116
Additional funds needed$0

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