Properties / 1947 S QUAIL Run
VA ASSUMABLERate: 3.16%

1947 S QUAIL Run

$594,000
Cottonwood, AZ 86326
4 beds3 baths2,789 sqftSingle Family
The assumable advantage
3.16%
VA assumed rate
$69,453 interest already paid off
Estimated Loan Balance$338,858
Cash to close$258,229
Est. Monthly PITI$2,159
Initial Loan Amount$386,011
Time on site50 days
Remaining Term24 years
Seller's equity (what you pay)
$255,142
Cash or secondary financing
Monthly savings
$1,823
Versus today's market rate
Est. savings per year
$22K
Versus today's market rate

About this home

Experience the rare charm of this rammed earth home, where enduring craftsmanship meets the natural beauty of Northern Arizona. Perfectly positioned in Cottonwood, this one-of-a-kind property captures breathtaking red rock views of Sedona, a daily backdrop that never gets old. Built to last and designed to blend seamlessly with its surroundings, the rammed earth construction offers not only striking architectural character but also exceptional energy efficiency and a sense of quiet, grounded living. The home's design harmonizes beautifully with the lush, mature landscaping, creating a private desert oasis filled with shade, texture, and color. From the Lady Banks Rose arch, perfectly aligned with the arches of the home, to the giant Sycamore, everything was methodically designed. Adding to the versatility is a detached casita, ideal for guests, a private office, or a highly desirable rental opportunity in this sought-after area. Whether you're looking to generate income or host visitors in style, the options are plentiful. This property delivers in a big way with two separate RV parking areas, both equipped with full hookups, perfect for travelers, toys, or accommodating guests with ease. This is more than a home, it's a lifestyle rooted in nature, character, and possibility. At 40 years old, it proves that great design doesn't age, it evolves.

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 $255,142. 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 feet2,789
Property typeSingle Family
MLS #7022572
CountyMaricopa County
Assumable loanVA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
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)
$1,680/mo
Source est. payment (PITI)
$2,159/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$255,142

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

$0$255,142
Additional funds needed$0

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