Properties / 3746 E Dragoon Avenue
FHA ASSUMABLERate: 3.06%

3746 E Dragoon Avenue

$449,900
Mesa, AZ 85206
5 beds2 baths1,904 sqftSingle Family
The assumable advantage
3.06%
FHA assumed rate
$49,652 interest already paid off
Estimated Loan Balance$291,244
Cash to close$159,304
Est. Monthly PITI$1,941
Initial Loan Amount$327,228
Time on site43 days
Remaining Term24 years, 10 months
Seller's equity (what you pay)
$158,656
Cash or secondary financing
Monthly savings
$1,257
Versus today's market rate
Est. savings per year
$15K
Versus today's market rate

About this home

PRICED AGGRESSIVELY TO SELL! This home is ready for its next buyer, and the seller is ready to work with a motivated buyer to help get the deal to the closing table. Located on a spacious cul-de-sac lot with NO HOA and RV parking, this single-level Mesa home offers 4 bedrooms, 2 bathrooms, and over 1,900 sq. ft. The kitchen has been fully remodeled with quartz countertops, updated cabinetry, stainless steel appliances, a herringbone backsplash, recessed lighting, and a large center island that opens into the main living space. recessed lighting, and a large center island that opens into the main living space. The backyard is a major highlight and built for Arizona living, featuring a pool, kiva fireplace, mature landscaping, plenty of entertaining space, and no neighbors directly behind. Inside, you'll find an open-concept layout, abundant natural light, generous living spaces, and a spacious primary suite. Two of the bedrooms are currently occupied, but the seller is fully prepared to work with the buyer to ensure the property can be delivered and closed as agreed. If you're looking for a non-HOA home with a pool, RV parking, remodeled kitchen, and an aggressive price, this is an opportunity you don't want to miss. MOTIVATED BUYERS BRING YOUR OFFER! The seller is ready to make a deal and, with the right terms, may assist with buyer closing costs and/or a rate buy-down.

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 $158,656. 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

Bedrooms5
Bathrooms2
Square feet1,904
Property typeSingle Family
MLS #7057400
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)
$1,396/mo
Source est. payment (PITI)
$1,941/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$158,656

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

$0$158,656
Additional funds needed$0

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