Properties / 1694 S Elgin Road
VA ASSUMABLERate: 4.53%

1694 S Elgin Road

$243,000
Golden Valley, AZ 86413
3 beds2 baths1,308 sqftSingle Family
The assumable advantage
4.53%
VA assumed rate
$20,600 interest already paid off
Estimated Loan Balance$51,153
Cash to close$192,072
Est. Monthly PITI$512
Initial Loan Amount$60,000
Time on site36 days
Remaining Term21 years, 11 months
Seller's equity (what you pay)
$191,847
Cash or secondary financing
Monthly savings
$1,126
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

Welcome to this beautifully maintained 3-bedroom, 2-bath manufactured home offering over 1,307 square feet of comfortable living space in Golden Valley, AZ. From the moment you arrive, you'll appreciate the home's inviting curb appeal with newer exterior paint and a newer roof (done in 2023). The property features a detached two-car garage with built-in storage and an attached two-space covered carport with a concrete pad. The carport is open at the front for easy access and includes a large barn door at the rear for added convenience. Step outside and enjoy your own backyard retreat featuring a custom-built deck and hot tub the perfect place to relax, entertain, or take in Arizona's beautiful sunsets. Inside, newer interior paint complements the bright, open floor plan. The spacious living room flows effortlessly into the dining area and kitchen, while large windows throughout the home fill every room with natural light. A built-in entertainment center adds both style and function to the living space. There are hardwired surround speakers, wiring in the flooring for easy access. Window coverings throughout. The kitchen is designed for everyday living with a center island featuring a solid wood countertop, breakfast bar seating, a custom tile accent wall, and plenty of cabinet space. A large window above the sink offers peaceful desert views, while the adjacent laundry room includes the front-loading washer and dryer. All kitchen appliances are included, making this home move-in ready. The dining area features a built-in wall cabinet that provides additional pantry or display storage. The spacious primary suite offers plenty of room for large furniture and includes a walk-in closet with added shelving and generous hanging space. The primary bathroom features a walk-in shower with dual glass doors, a single-sink vanity with a built-in seating area, and a window for natural light. Two comfortable guest bedrooms provide space for family, guests, or a home office. Both offer large windows, with one featuring carpet and the other laminate flooring. With tasteful updates, abundant storage, included appliances, inviting outdoor living, and a functional layout, this beautiful Golden Valley, AZ home is ready for its next owners. AN ESTATE SALE WILL BE HELD TO SELL ALL FURNITURE UNLESS A BUYER NEGOTIATES WHAT THEY WANT WITH THE PURCHASE OF THE HOME!

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 $191,847. 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

Bedrooms3
Bathrooms2
Square feet1,308
Property typeSingle Family
MLS #040248
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)
$307/mo
Source est. payment (PITI)
$512/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$191,847

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

$0$191,847
Additional funds needed$0

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