Properties / 7239 E NATHAN Street
FHA ASSUMABLERate: 4.78%

7239 E NATHAN Street

$645,000
Mesa, AZ 85207
4 beds4 baths3,007 sqftSingle Family
The assumable advantage
4.78%
FHA assumed rate
$142,430 interest already paid off
Estimated Loan Balance$153,832
Cash to close$491,754
Est. Monthly PITI$1,761
Initial Loan Amount$229,042
Time on site24 days
Remaining Term14 years, 10 months
Seller's equity (what you pay)
$491,168
Cash or secondary financing
Monthly savings
$2,596
Versus today's market rate
Est. savings per year
$31K
Versus today's market rate

About this home

Your search is over! A stunning two-story home awaits you in the desirable Trailridge at Las Sendas! This gorgeous updated home blends function and elegance, offering over 3007 ft.², 4 spacious bedrooms, 4 full bathrooms, a huge Loft, Office/Den downstairs can be 5th bedroom, Plus additional BONUS room perfect for a 2nd office or crafting room! You'll find luxury vinyl plank flooring throughout, custom interior paint, new fixtures, and 2 brand NEW A/C units!! The sleek modern kitchen comes with dark cabinetry, built in pantry, generous granite counters, a large center island, & newer sparkling appliances for a seamless cooking experience. HUGE loft upstairs for family media center! Owners suite is BIG & BEAUTIFUL with jetted tub & walk in closet! New Epoxy Floor & Tankless Water Heater too Get ready for weekend grills and relaxing evenings in the backyard, complete with a covered patio and artificial turf. Las Sendas Amenities include pools, parks, pickleball and tennis courts, and miles of hiking and biking trails, with convenient access to freeways, Saguaro Lake, and Usery Mountain Regional Park. Very close proximity to Las Sendas Golf Course!! What's not to love? Make it yours!

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 $491,168. 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
Bathrooms4
Square feet3,007
Property typeSingle Family
MLS #7065518
CountyMaricopa County
Assumable loanFHA
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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)
$1,208/mo
Source est. payment (PITI)
$1,761/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$491,168

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

$0$491,168
Additional funds needed$0

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