Properties / 17435 E Cindercone Way
FHA ASSUMABLERate: 6.78%

17435 E Cindercone Way

$679,900
Rio Verde, AZ 85263
2 beds3 baths1,679 sqftSingle Family
The assumable advantage
6.78%
FHA assumed rate
$79,015 interest already paid off
Estimated Loan Balance$477,687
Cash to close$204,143
Est. Monthly PITI$3,775
Initial Loan Amount$488,400
Time on site50 days
Remaining Term27 years, 8 months
Seller's equity (what you pay)
$202,213
Cash or secondary financing
Monthly savings
$820
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

There are three Valletta floor plans for sale on this street right now. Only one has a fully private back patio with an unobstructed desert wash view and no neighbor exposure. This is that one. Positioned on a corner lot adjacent to a natural desert greenbelt, 17435 E Cindercone Way is open on two sides, with a back patio that looks out over open Sonoran desert. No rooftops. No neighbors. Just sky, native desert, and the kind of Arizona sunset you'll stop scheduling things around. Inside, $50,000 in builder upgrades set this home apart from the competition: engineered hardwood throughout the living areas, custom tile kitchen backsplash, pendant lighting over the island, comfort-height toilets, heavy-duty glass shower door, upgraded vanity in the powder room, Monte Carlo ceiling fan, extra outlets and recessed lighting throughout. Extended paver patio already in place. Pre-plumbed for reverse osmosis and a whole-home water softener. Single-level living, no interior steps, 2-car garage with direct access. Then there's the community. Trilogy at Verde River is World Class in every sense -- Tom Lehman-designed 18-hole golf course, tennis, pickleball, bocce ball, heated lap pool, resort-style pool and hot tub, Afterburn fitness center, Helen's demonstration kitchen for cooking classes, and a 7.5-acre dog park. Dine poolside at Eddy's Diner or sit down at the award-winning Needle Rock Kitchen and Tap. Unwind at Alvea Spa with full-service salon and spa amenities. Create at the Art Loft. All of it tucked into the Sonoran Desert, adjacent to the Tonto National Forest, with miles of hiking and biking trails right outside the gates -- yet minutes from the conveniences of North Scottsdale. The view photo is real. Come see it in person.

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 $202,213. 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

Bedrooms2
Bathrooms3
Square feet1,679
Property typeSingle Family
MLS #7030865
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)
$3,190/mo
Source est. payment (PITI)
$3,775/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$202,213

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

$0$202,213
Additional funds needed$0

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