Properties / 12503 W RED HAWK Drive
VA ASSUMABLERate: 6.89%

12503 W RED HAWK Drive

$924,999
Peoria, AZ 85383
3 beds3 baths3,208 sqftSingle Family
The assumable advantage
6.89%
VA assumed rate
$89,693 interest already paid off
Estimated Loan Balance$644,624
Cash to close$280,999
Est. Monthly PITI$4,938
Initial Loan Amount$657,500
Time on site31 days
Remaining Term28 years
Seller's equity (what you pay)
$280,375
Cash or secondary financing
Monthly savings
$1,121
Versus today's market rate
Est. savings per year
$13K
Versus today's market rate

About this home

COMPLETELY REIMAGINED with over 185K in HIGH-END UPGRADES, this exceptional SINGLE-STORY home with a POOL, OWNED SOLAR, and a PREMIUM VIEW LOT backing to Discovery Trail is located in the highly sought-after GATED COMMUNITY OF SERENADE in Vistancia Village. This home has a tremendous 5 PARKING SPACES. Perfectly positioned just moments from community amenities, parks, trails, shopping, dining, and top-rated schools, this home offers the ideal combination of luxury, efficiency, privacy, and location. The desirable split floor plan features 3 BEDROOMS, 3 FULL BATHS, a PRIVATE DEN, and a 3-CAR GARAGE, thoughtfully designed for both everyday living and entertaining. The beautifully remodeled kitchen has been opened to create a more spacious, inviting layout and showcases QUARTZITE COUNTERTOP premium stainless steel appliances including double ovens, gas cooktop, refrigerator, dishwasher, an oversized walk-in pantry, and abundant cabinetry. Throughout the home you'll appreciate TRAVERTINE FLOORING, ENGINEERED HARDWOOD, fresh interior paint, updated lighting, ceiling fans, switches, and numerous designer finishes that create a clean, timeless aesthetic. The spacious primary suite offers peaceful backyard views and a beautifully renovated spa-inspired bathroom featuring a STONE SOAKING TUB, upgraded shower, quartzite countertops, and water-saving toilets. Just off the primary suite is a versatile FLEX ROOM, ideal for a private home office, fitness room, reading lounge, nursery, or hobby space. Every bathroom has been thoughtfully remodeled with quality finishes and attention to detail. The backyard has been transformed into a private retreat with a sparkling pool, NEW LANDSCAPING, NEW TURF, decorative trellises, outdoor lighting, outdoor speakers, an updated courtyard, and a SCREENED ARIZONA ROOM, creating multiple spaces to relax, entertain, and enjoy the beautiful views overlooking Discovery Trail. Recent pool improvements include an acid wash and hard water removal, helping keep the pool looking its best. Extensive recent improvements provide exceptional peace of mind and long-term value, including OWNED SOLAR WITH BATTERY BACKUP, a NEW TANKLESS WATER HEATER, newer HVAC systems, partial new roof, smart thermostat, home humidifier, updated pool equipment, fresh exterior paint, lime-washed stone accents, new front door, irrigation improvements, and countless additional upgrades that make this home truly move-in ready. Residents of Serenade at Vistancia Village enjoy the privacy of a gated community while being just minutes from award-winning amenities, resort-style pools, parks, miles of trails, championship golf, shopping, dining, and everything that has made Vistancia one of Arizona's premier master-planned communities. The community of Vistancia is a master-planned development that includes beautiful homes, parks, pools & hiking trails, award winning community centers & golf courses, commercial & retail shops, along with incredible rolling hills & desert landscape all around! The future 320-acre 5 North at Vistancia commercial core is coming soon, home to the new ALA K-12 charter school. Vistancia has ranked as the #1 Master Planned Community in AZ for 13 years in a row (2013-2025)! Resort-style living at its best. Come & see why!

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 $280,375. 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

Bedrooms3
Bathrooms3
Square feet3,208
Property typeSingle Family
MLS #7065098
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)
$4,334/mo
Source est. payment (PITI)
$4,938/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$280,375

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

$0$280,375
Additional funds needed$0

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