Properties / 20117 E CALLE DE FLORES
VA ASSUMABLERate: 3%

20117 E CALLE DE FLORES

$1,230,000
Queen Creek, AZ 85142
4 beds3 baths3,780 sqftSingle Family
The assumable advantage
3%
VA assumed rate
$123,727 interest already paid off
Estimated Loan Balance$730,663
Cash to close$505,884
Est. Monthly PITI$3,988
Initial Loan Amount$820,000
Time on site50 days
Remaining Term24 years, 8 months
Seller's equity (what you pay)
$499,337
Cash or secondary financing
Monthly savings
$3,758
Versus today's market rate
Est. savings per year
$45K
Versus today's market rate

About this home

LUXURY RESORT LIVING AT ITS BEST!! Welcome to one of those rare Queen Creek properties that feels not only like home, but also your own private resort with over 3,700sf of total living space, set on a 19,000sf lot in the sought after Terraranch area. This beautifully updated 4-bedroom, 3-bathroom main home offers 2,880sf of refined living, plus a separate 900sf casita with 2 bedrooms, 2 bathrooms, and a full kitchen completed two years ago. Inside the main home, the kitchen has been completely remodeled and modernized, creating a polished centerpiece for everyday living and effortless entertaining. New windows throughout the main home bring in natural light while adding comfort and efficiency. The layout offers generous living spaces, a 3-car garage, and the kind of flexibility that.. of flexibility that makes the property stand out for guests, extended stays, private work space, hobbies, or separate retreat living. Outside is where this home truly becomes unforgettable. The backyard was designed to be lived in, shared, and enjoyed in every season. A custom outdoor BBQ area features a built-in grill and smoker, a separate brick pizza oven, and a gas fire pit that creates the perfect gathering point after sunset. The extended patio with commercial-grade misting adds comfort for outdoor dining and lounging, while the pool, above-ground spa, artificial turf, and private pickleball court turn the yard into a full recreation and relaxation destination. Permanent programmable eave lighting adds year-round ambiance for evenings, celebrations, and curb appeal without the hassle. With nearly half an acre, a detached casita, resort-style outdoor amenities, and a prime Queen Creek setting near local parks, trails, shopping, dining, Schnepf Farms, and the San Tan Mountains, this is more than a home. It is a lifestyle property built for Arizona living at its best.

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 $499,337. 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

Bedrooms4
Bathrooms3
Square feet3,780
Property typeSingle Family
MLS #7034018
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)
$3,496/mo
Source est. payment (PITI)
$3,988/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$499,337

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

$0$499,337
Additional funds needed$0

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