Properties / 3607 N Prescott Street
FHA ASSUMABLERate: 5.01%

3607 N Prescott Street

$189,900
Kingman, AZ 86409
4 beds2 baths1,848 sqftSingle Family
The assumable advantage
5.01%
FHA assumed rate
$60,793 interest already paid off
Estimated Loan Balance$57,026
Cash to close$132,874
Est. Monthly PITI$707
Initial Loan Amount$88,369
Time on site8 days
Remaining Term13 years, 10 months
Seller's equity (what you pay)
$132,874
Cash or secondary financing
Monthly savings
$643
Versus today's market rate
Est. savings per year
$8K
Versus today's market rate

About this home

Welcome home to this spacious 4-bedroom, 2-bath home offering approximately 1,848 sq. ft. of comfortable living space on a fully fenced 1/2-acre lot! With plenty of room both inside and out, this property offers the space, privacy, and versatility you’ve been looking for. The freshly painted exterior gives the home a clean, welcoming appearance, while the chain-link fencing surrounding the property provides a secure and functional outdoor space with plenty of room for parking, pets, recreational vehicles, outdoor entertaining, or creating your own desert retreat. Step inside and you’ll appreciate the generous floor plan featuring two separate living rooms, giving you multiple options for relaxing and entertaining. Use one as a traditional living room and the second as a family room, game room, media room, home office, or additional gathering space. The home features four bedrooms, providing plenty of flexibility for family, guests, hobbies, or a home office. The large primary bedroom offers a comfortable private retreat and includes a spacious walk-in closet for excellent storage. The generously sized primary bathroom features dual sinks, a step-in shower, and a separate soaking tub, creating a functional space where you can relax and unwind at the end of the day. Sitting on approximately half an acre, this property offers room to spread out and enjoy the Arizona lifestyle. Whether you’re looking for additional outdoor space, room for your toys and vehicles, or simply a little more privacy between you and your neighbors, this property has plenty of possibilities. With 4 bedrooms, 2 bathrooms, 1,848 sq. ft., two living areas, a freshly painted exterior, and a fully fenced half-acre lot, this home is ready for its next owner!!! Call your Realtor today to schedule a private showing!

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 $132,874. 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
Bathrooms2
Square feet1,848
Property typeSingle Family
MLS #041909
CountyMaricopa County
Assumable loanFHA
Tour this home
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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
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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)
$477/mo
Source est. payment (PITI)
$707/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$132,874

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

$0$132,874
Additional funds needed$0

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