Properties / 1035 E HARVEST Road
FHA ASSUMABLERate: 6.5%

1035 E HARVEST Road

$550,000
San Tan Valley, AZ 85140
3 beds3 baths2,735 sqftSingle Family
The assumable advantage
6.5%
FHA assumed rate
$34,888 interest already paid off
Estimated Loan Balance$400,450
Cash to close$149,943
Est. Monthly PITI$3,071
Initial Loan Amount$405,372
Time on site50 days
Remaining Term28 years, 9 months
Seller's equity (what you pay)
$149,550
Cash or secondary financing
Monthly savings
$677
Versus today's market rate
Est. savings per year
$8K
Versus today's market rate

About this home

SAVE ON YOUR ELECTRIC BILL WITH OWNED SOLAR! Welcome to this beautifully updated pool home in the highly sought-after Vineyard Estates community, where spacious living, modern upgrades, and energy efficiency come together. Offering 2,735 square feet, this thoughtfully designed residence features 3 bedrooms, 2.5 bathrooms, a versatile loft, dedicated office, formal living and dining spaces, and a 3-car garage, providing the flexibility today's buyers are looking for. At the heart of the home, the updated kitchen is designed for gathering and everyday living, featuring granite countertops, abundant updated cabinetry, a center island, pantry, and generous workspace. The kitchen opens seamlessly to the inviting family room, creating a comfortable setting for entertaining or relaxing at home A dedicated office offers the ideal space for remote work, hobbies, or study. Upstairs, the spacious loft provides possibilities as a media room, game room, fitness area, or additional living space. The private primary suite serves as a retreat with its own balcony, walk-in closet, newly updated dual vanities, soaking tub, and separate shower. Generously sized secondary bedrooms provide comfort and privacy for family and guests alike. Recent improvements include updated flooring, HVAC system, refreshed kitchen finishes, as well as yard and pool updates, allowing you to move in and enjoy with confidence. The home also features owned solar panels, helping reduce energy costs while enhancing long-term efficiency and sustainability. Step outside to a backyard oasis, complete with pool, covered patio, and ample space for entertaining, outdoor dining, or simply enjoying Arizona's sunshine year-round. Vineyard Estates is known for its welcoming atmosphere and exceptional community amenities, including neighborhood parks, playgrounds, walking paths, greenbelts, and open spaces that encourage an active lifestyle. Conveniently located near shopping, dining, medical facilities, and schools, you'll enjoy easy access to local favorites including Queen Creek Marketplace, Schnepf Farms, Queen Creek Olive Mill, San Tan Mountain Regional Park, golf courses, fitness centers, and a growing collection of restaurants and entertainment options. Major roadways are just minutes away, providing convenient connectivity throughout the Valley. Combining generous living spaces, meaningful updates, owned solar, a private pool, and an outstanding location, this move-in-ready home delivers the lifestyle, flexibility, and value today's buyers are seeking.

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 $149,550. 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
Bathrooms3
Square feet2,735
Property typeSingle Family
MLS #7040864
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
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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)
$2,567/mo
Source est. payment (PITI)
$3,071/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$149,550

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

$0$149,550
Additional funds needed$0

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