Properties / 38080 W SAN ILDEFANSO Avenue
FHA ASSUMABLERate: 3.45%

38080 W SAN ILDEFANSO Avenue

$245,900
Maricopa, AZ 85138
3 beds2 baths1,306 sqftSingle Family
The assumable advantage
3.45%
FHA assumed rate
$51,721 interest already paid off
Estimated Loan Balance$322,026
Cash to close$0
Est. Monthly PITI$2,079
Initial Loan Amount$348,570
Time on site50 days
Remaining Term25 years, 7 months
Seller's equity (what you pay)
$0
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Charming Rancho Mirage Estates Home - Ideal Maricopa Location. This well-maintained single-story ranch home located in Rancho Mirage Estates a sought-after community in central Maricopa. Built by D.R. Horton, these inviting residence features 3 bedrooms and 2 full bathrooms with a thoughtfully designed open floor plan that flows effortlessly from room to room. Step inside to discover a bright living space with carpet in all the right places and tile in high-traffic areas, creating both comfort and durability for everyday living. The heart of the home is the eat-in kitchen, complete with ample cabinetry, pantry storage, granite countertops, stainless steel appliances, and a generous island with breakfast bar, perfect for meal prep and casual gatherings. The spacious primary suite offers a peaceful retreat with dual sinks and plenty of closet space, while the secondary bedrooms are ideal for family, guests, or a home office. Outdoors, enjoy a covered patio and low-maintenance yard, ready for grilling, relaxing, and entertaining. The 2-car garage and easy-care landscaping add to the home's curb appeal. Community living is elevated with neighborhood amenities such as playgrounds and biking/walking paths, providing fun and convenience for families and active lifestyles.

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 $0. 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 feet1,306
Property typeSingle Family
MLS #6977390
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)
$1,580/mo
Source est. payment (PITI)
$2,079/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.