Properties / 3894 N Evans Street
VA ASSUMABLERate: 3.61%

3894 N Evans Street

$420,000
Kingman, AZ 86409
4 beds3 baths2,588 sqftSingle Family
The assumable advantage
3.61%
VA assumed rate
$41,367 interest already paid off
Estimated Loan Balance$156,920
Cash to close$265,530
Est. Monthly PITI$1,100
Initial Loan Amount$179,900
Time on site36 days
Remaining Term23 years, 2 months
Seller's equity (what you pay)
$263,080
Cash or secondary financing
Monthly savings
$1,643
Versus today's market rate
Est. savings per year
$20K
Versus today's market rate

About this home

Interested buyers will be looking for country living with city convenience. This spacious, site built home is not a cookie cutter. It offers 4 beds, 3 baths, 2 dens, and a great room. The indoor laundry is nestled between an AZ room (with a 2ton mini split)and a hobby room (with bath) off the 2 car attached garage. 8 closets, central heat and air, a soap stone, wood burning stove, new ductwork, newly added blown in insulation and double pane windows, create an efficient, indoor environment. Two front entries and porches allow semi private retreat lifestyle for generational living or other possibilities. The current kitchen has been updated complete with stainless steel farmhouse sink, new microwave, dish washer, white solid surface countertop. The 3 baths have one piece tubs, solid surface counters, storage and exhaust fans. Owned solar serviced by Havasu Solar has no lease. 10 Mondell pines have 5+ years of growth and are on automatic irrigation. There are multiple hose bibs for ease of water delivery to animals and/or garden spaces. Two RV gates make accessibility a breeze. A hard wired breaker at the skirted canopy is versatile for spa or RV use. Horses and/or livestock are allowed as well as chickens and domestic animals, by city ordinance. Come see everything this one of a kind, city property has waiting for you!

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 $263,080. 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 feet2,588
Property typeSingle Family
MLS #036424
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)
$834/mo
Source est. payment (PITI)
$1,100/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$263,080

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

$0$263,080
Additional funds needed$0

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