Properties / 5287 N JUDY Lane
VA ASSUMABLERate: 2.89%

5287 N JUDY Lane

$615,000
Strawberry, AZ 85544
4 beds2 baths1,872 sqftSingle Family
The assumable advantage
2.89%
VA assumed rate
$30,371 interest already paid off
Estimated Loan Balance$169,171
Cash to close$447,405
Est. Monthly PITI$1,204
Initial Loan Amount$192,423
Time on site50 days
Remaining Term24 years, 3 months
Seller's equity (what you pay)
$445,829
Cash or secondary financing
Monthly savings
$2,818
Versus today's market rate
Est. savings per year
$34K
Versus today's market rate

About this home

Escape to the cool pines and discover a mountain retreat unlike anything else in the area. Nestled in the heart of the charming community of Strawberry, this beautifully crafted Craftsman-inspired home offers the perfect blend of warmth, character, comfort, and serene mountain living. From the moment you arrive, you'll feel the peaceful atmosphere that makes this property so special. Rich pine plank flooring, inviting gathering spaces, rustic brick accents, and glowing propane fireplaces create a warm and welcoming environment designed for relaxing, reconnecting, and enjoying life in Arizona's breathtaking high country. The open living and dining areas flow effortlessly into the spacious country kitchen, complete with abundant cabinetry, updated countertops, and generous prep space--perfect for entertaining family and friends after a day exploring the outdoors. A cozy den with its own fireplace and large picture window overlooks the tranquil pond and firepit area, bringing the beauty of nature indoors. Step outside and experience the lifestyle buyers dream about. Professionally designed landscaping offers maximum beauty with minimal maintenance, creating peaceful outdoor living spaces that can be enjoyed year-round. Relax beneath the stunning pergola-style gathering area, sip coffee in one of the covered seating spaces as the crisp mountain air rolls in, or unwind beneath the stars surrounded by towering pines and the sounds of nature. The detached bonus structure offers incredible flexibility as a private office, creative studio, guest overflow space, or additional storage--adding even more versatility to this already exceptional property. Whether you're searching for a full-time dream home, a relaxing family getaway, or a highly desirable short-term rental opportunity, this property delivers an experience--not just a home. Enjoy all four mild seasons in comfort and style, from cool summer evenings and vibrant autumn colors to peaceful snowfalls and refreshing spring mornings. Homes with this much character, warmth, and outdoor charm rarely become available in Strawberry. Come experience the tranquility, beauty, and lifestyle for yourself before this unique mountain retreat is gone.

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 $445,829. 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 feet1,872
Property typeSingle Family
MLS #7026587
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)
$809/mo
Source est. payment (PITI)
$1,204/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$445,829

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

$0$445,829
Additional funds needed$0

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