Properties / 10145 E DEES Lane
VA ASSUMABLERate: 2.81%

10145 E DEES Lane

$375,000
Cornville, AZ 86325
1 beds1 baths998 sqftSingle Family
The assumable advantage
2.81%
VA assumed rate
$24,775 interest already paid off
Estimated Loan Balance$152,639
Cash to close$222,715
Est. Monthly PITI$977
Initial Loan Amount$173,086
Time on site42 days
Remaining Term24 years, 8 months
Seller's equity (what you pay)
$222,361
Cash or secondary financing
Monthly savings
$1,496
Versus today's market rate
Est. savings per year
$18K
Versus today's market rate

About this home

Some places just make you exhale. This is one of them. Situated on a private corner lot in the heart of Cornville, this charming 998 square foot studio home delivers country living with room to dream bigger. Wake up to stunning red rock views of Sedona and wind down each evening with unforgettable sunsets over Mingus Mountain. The home is move in ready with plenty of space to expand, giving you the opportunity to create the property you've always imagined. RV parking is ready with full hookups, including a dedicated septic connection. A private water well serves only this property, offering independence and peace of mind. Bring your horses, goats, chickens, and gardening gloves. Multiple animal enclosures are already in place, and the rich fertile soil is ready for your next harvest. Surrounded by larger parcels with neighboring homes spread well apart, this property offers the peaceful country lifestyle people move to Cornville for while remaining just minutes from shopping, dining, and everyday conveniences. Sometimes life is less about square footage and more about wide open skies, fresh air, incredible views, and having room to grow. This property delivers exactly that.

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 $222,361. 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

Bedrooms1
Bathrooms1
Square feet998
Property typeSingle Family
MLS #7060491
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)
$715/mo
Source est. payment (PITI)
$977/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$222,361

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

$0$222,361
Additional funds needed$0

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