Properties / 2315 N 52ND Street
FHA ASSUMABLERate: 3.9%

2315 N 52ND Street

$482,000
Phoenix, AZ 85008
4 beds4 baths1,731 sqftSingle Family
The assumable advantage
3.9%
FHA assumed rate
$91,554 interest already paid off
Estimated Loan Balance$231,197
Cash to close$251,390
Est. Monthly PITI$1,915
Initial Loan Amount$283,765
Time on site35 days
Remaining Term21 years
Seller's equity (what you pay)
$250,803
Cash or secondary financing
Monthly savings
$1,498
Versus today's market rate
Est. savings per year
$18K
Versus today's market rate

About this home

10 mins from Camelback Mountain! 5 mins to Loop 202! 5 mins from Old Town Scottsdale! Welcome to this spacious, move-in ready, three-story modern home in the highly desired, gated Residences at Oak community! Boasting 4 bedrooms and 4 bathrooms--with a bedroom and bath on each level--this sparkling clean, move in ready home features a layout that offers ultimate comfort. The kitchen features dark cabinetry, quartz countertops, and stainless steel appliances, highlighted by gorgeous LVP, new carpet, and marble tile flooring throughout. Relax on your private balcony with breathtaking views of Camelback and Papago Mountains. Enjoy resort-style amenities like a pool, spa, & zero exterior maintenance. Complete with a direct-access 2-car garage. 10 mins from Sky Harbor & 2 mins from Papago Park

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 $250,803. 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

Bedrooms4
Bathrooms4
Square feet1,731
Property typeSingle Family
MLS #7063769
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
Call

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)
$1,345/mo
Source est. payment (PITI)
$1,915/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$250,803

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

$0$250,803
Additional funds needed$0

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