Properties / 3976 E BELLERIVE Drive
VA ASSUMABLERate: 2.79%

3976 E BELLERIVE Drive

$1,349,000
Queen Creek, AZ 85142
4 beds4 baths3,461 sqftSingle Family
The assumable advantage
2.79%
VA assumed rate
$93,562 interest already paid off
Estimated Loan Balance$639,978
Cash to close$717,617
Est. Monthly PITI$3,671
Initial Loan Amount$709,660
Time on site50 days
Remaining Term25 years, 1 month
Seller's equity (what you pay)
$709,022
Cash or secondary financing
Monthly savings
$4,997
Versus today's market rate
Est. savings per year
$60K
Versus today's market rate

About this home

Discover luxury living in the exclusive gated community of Cordova, an intimate neighborhood of just 40 homes PLUS a solar system - PAID off at closing for added value! Set on a nearly ¾-acre lot with a new roof (2023), AC (2019 & 2023), this exceptional single-level estate offers 4 bedrooms, a private office, 3.5 baths, and the perfect blend of privacy, comfort, and resort-style living. The beautifully updated kitchen is the heart of the home, featuring refreshed cabinetry and countertops, a Wolf gas cooktop, double ovens, prep sink, and a walk-in pantry, all opening to spacious gathering areas. A stunning private interior atrium creates a one-of-a-kind indoor/outdoor living experience, complete with a covered pergola and misters for year-round enjoyment. Step outside to your own resort-style retreat with a heated pool and spa, waterfall, Baja step, in-pool table seating, pergola with misters, a built-in BBQ bar, gas firepit, expansive lawn, and plenty of space to relax or entertain. The luxurious primary suite offers direct backyard access and a spa-inspired bath with dual walk-in closets, an oversized Roman soaking tub, and a large walk-in shower. Additional highlights include leased solar, two A/C units replaced in 2019, and a spacious side-entry 3-car garage with built-in cabinetry and storage. Ideally located near Pecan Lake Entertainment, Schnepf Farms, Queen Creek Olive Mill, parks, shopping, dining, and top-rated schools.

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 $709,022. 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
Bathrooms4
Square feet3,461
Property typeSingle Family
MLS #6993766
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)
$2,959/mo
Source est. payment (PITI)
$3,671/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$709,022

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

$0$709,022
Additional funds needed$0

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