Properties / 7006 E JENSEN Street
FHA ASSUMABLERate: 5.23%

7006 E JENSEN Street

$380,000
Mesa, AZ 85207
2 beds2 baths1,339 sqftSingle Family
The assumable advantage
5.23%
FHA assumed rate
$82,581 interest already paid off
Estimated Loan Balance$367,379
Cash to close$13,173
Est. Monthly PITI$2,688
Initial Loan Amount$390,791
Time on site35 days
Remaining Term25 years, 11 months
Seller's equity (what you pay)
$12,621
Cash or secondary financing
Monthly savings
$81
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

Welcome home to this beautifully remodeled, move-in ready single-level townhome in one of East Mesa's most desirable areas near Red Mountain! Thoughtfully updated with today's buyer in mind, this light-filled home features an open-concept floor plan with soaring ceilings, a spacious great room, & an inviting dining area that flows seamlessly into the stunning kitchen. The renovated kitchen showcases gorgeous quartz countertops, professionally refinished modern cabinetry, a striking full-height quartz backsplash, brand-new Frigidaire stainless steel appliances, contemporary fixtures, & stylish touches throughout. Neutral paint, ceramic tile flooring in the main living areas, and warm wood-look laminate flooring in the bedroom create a clean, modern aesthetic that feels timeless & welcoming. The spacious primary suite offers comfort & privacy, while thoughtful updates & quality finishes continue throughout the home. Additional upgrades include a smart thermostat, full-size LG washer and dryer, dedicated laundry room with built-in cabinetry, and all appliances convey--making this home truly move-in ready. Enjoy Arizona living year-round on the covered south-facing patio overlooking the generously sized backyard, perfect for morning coffee, entertaining, or simply relaxing. A rare two-car attached garage provides direct home access and additional storage. Located within the highly regarded Red Mountain school area and offering a wonderful blend of low-maintenance living, modern updates, and an unbeatable East Mesa location, this is an opportunity you won't want to miss! Location offers quick access to Loop 202 & this is just minutes from shopping, dining, coffee shops, parks, and everyday conveniences. Outdoor enthusiasts will love being near Usery Mountain Regional Park and the Salt River for hiking, biking, kayaking, and endless recreation.

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 $12,621. 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
Bathrooms2
Square feet1,339
Property typeSingle Family
MLS #7063534
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)
$2,160/mo
Source est. payment (PITI)
$2,688/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$12,621

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

$0$12,621
Additional funds needed$0

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