Properties / 4316 E AVALON Drive
VA ASSUMABLERate: 6.67%

4316 E AVALON Drive

$325,900
Phoenix, AZ 85018
2 beds2 baths1,023 sqftSingle Family
The assumable advantage
6.67%
VA assumed rate
$23,132 interest already paid off
Estimated Loan Balance$258,791
Cash to close$67,355
Est. Monthly PITI$1,888
Initial Loan Amount$261,870
Time on site31 days
Remaining Term28 years, 9 months
Seller's equity (what you pay)
$67,109
Cash or secondary financing
Monthly savings
$234
Versus today's market rate
Est. savings per year
$3K
Versus today's market rate

About this home

Welcome to this beautifully situated Arcadia Lite townhouse, where thoughtful living space, privacy, and one of Central Phoenix's most desirable locations come together. Offering 1,023 sq ft, this one-bedroom home features a spacious loft that adds valuable flexibility--perfect for a home office, creative space, reading retreat, or second sleeping area. Inside, vaulted ceilings create an open, airy feel and draw natural light throughout the main living areas. The inviting living room features a cozy fireplace and flows naturally into the dining and kitchen spaces, making the home comfortable for everyday living and easy entertaining. Updated finishes, in-unit laundry, and a well-designed floor plan add to the convenience without sacrificing character. Step outside to your private rear patio, where mature trees and established greenery create a peaceful, tucked-away setting. It's an ideal spot for morning coffee, an evening glass of wine, or simply enjoying a little privacy at home. The surrounding community is equally appealing, with lush landscaping, a quiet atmosphere, and a neighborhood feel that is increasingly hard to find in such a convenient location. Then there's the location. Situated in Arcadia Lite, you're minutes from some of the area's most popular restaurants, coffee shops, and gathering spots, including The Henry, LGO, Postino, and the many local favorites that make this pocket of Phoenix so desirable. Enjoy easy access to Old Town Scottsdale, the Biltmore, Camelback Corridor, Scottsdale Fashion Square, shopping, dining, entertainment, and major employment centers. Located within the Scottsdale Unified School District, this home offers an exceptional combination of location, lifestyle, flexibility, and value. Whether you're looking for a primary residence, a convenient lock-and-leave home, or a property in one of the Valley's most sought-after central neighborhoods, this Arcadia Lite townhouse is worth seeing in person. Homes in this location don't stay on the market long--come see why Arcadia Lite continues to be one of the Valley's most desirable places to live.

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 $67,109. 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
Bathrooms2
Square feet1,023
Property typeSingle Family
MLS #7060167
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)
$1,688/mo
Source est. payment (PITI)
$1,888/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$67,109

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

$0$67,109
Additional funds needed$0

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