Properties / 306 W CAMINO Vista
VA ASSUMABLERate: 6.5%

306 W CAMINO Vista

$699,990
Phoenix, AZ 85021
4 beds2 baths2,604 sqftSingle Family
The assumable advantage
6.5%
VA assumed rate
$67,706 interest already paid off
Estimated Loan Balance$690,100
Cash to close$10,576
Est. Monthly PITI$4,861
Initial Loan Amount$699,960
Time on site50 days
Remaining Term28 years, 7 months
Seller's equity (what you pay)
$9,890
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

A HILLSIDE MASTERPIECE WITH PHOENIX'S MOST CAPTIVATING VIEWS! Perched high on the coveted North Mountain hillside, this extraordinary residence offers one of the most breathtaking vantage points in all of Phoenix. Sweeping, unobstructed city light views stretch from State Farm Stadium to Tempe, creating a spectacular backdrop visible from nearly every room. Expansive floor-to-ceiling windows and oversized glass sliders transform the skyline into living artwork, filling the home with natural light from sunrise through sunset. Step onto the wraparound redwood deck and experience a setting unlike any other. Designed to capture panoramic mountain vistas and glittering city lights, this remarkable outdoor space offers an unparalleled environment for entertaining or quiet evenings above the valley. With no rear neighbors and direct views into North Mountain Preserve, the sense of privacy and tranquility is truly exceptional. Inside, the thoughtfully remodeled kitchen blends timeless style with modern functionality, featuring quartz countertops, a generous center island, stainless steel appliances, and a breakfast bar that flows effortlessly into the expansive living and dining areas. A wood-burning fireplace anchors the open-concept design, creating a warm and inviting atmosphere beneath soaring vaulted ceilings, while luxury vinyl flooring extends throughout the main living spaces. The private primary retreat is designed for comfort and relaxation, offering its own balcony with stunning views, a beautifully updated ensuite bath with dual vanities, and a spacious walk-in closet. The resort-inspired backyard is equally impressive, complete with a built-in BBQ, synthetic turf, ambient bistro lighting, and uninterrupted views of the surrounding preserve--creating an ideal setting for year-round Arizona living. Thoughtful updates include a fully remodeled kitchen and updated plumbing completed in 2020, along with a new roof installed in 2023. With no HOA, exceptional privacy, and one of the most captivating view properties in the area, this is a rare opportunity to own a truly unforgettable hillside residence.

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 $9,890. 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
Bathrooms2
Square feet2,604
Property typeSingle Family
MLS #7051621
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)
$4,433/mo
Source est. payment (PITI)
$4,861/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$9,890

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

$0$9,890
Additional funds needed$0

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