Properties / 7353 E FOREST TRAIL Circle
VA ASSUMABLERate: 2.68%

7353 E FOREST TRAIL Circle

$2,775,000
Mesa, AZ 85207
4 beds4 baths3,860 sqftSingle Family
The assumable advantage
2.68%
VA assumed rate
$67,313 interest already paid off
Estimated Loan Balance$423,226
Cash to close$2,355,774
Est. Monthly PITI$2,849
Initial Loan Amount$480,000
Time on site50 days
Remaining Term24 years, 6 months
Seller's equity (what you pay)
$2,351,774
Cash or secondary financing
Monthly savings
$14,400
Versus today's market rate
Est. savings per year
$173K
Versus today's market rate

About this home

Voted ''Best on Tour'', this Las Sendas custom is exceptional! Built in 2019, this immaculate property is better than new and sits on a .62 acre lot in Las Sendas with breathtaking sunset, city light & mountain views. An incredible chef's kitchen is built for entertaining and features Wolf appliances, a huge island, double stacked cabinets & quartz counters. The open plan great room features a custom limestone fireplace and wall of glass that opens to the large covered patio. Relax & entertain in the resort backyard featuring a heated pool & spa, water & fire features, Hestan BBQ, putting green & views galore. This home will tick every box with the 4-car garage (including an air conditioned workshop), designer bathrooms, custom closets, 100% tile floors, and a private vegetable garden! The award-winning golf community of Las Sendas features hiking and mountain biking trails, two pools, tennis and pickleball courts, community parks, lifestyle activities, and a private gym. Located just minutes to the 202 Freeway, and twenty minutes to Scottsdale, Downtown Gilbert, Sky Harbor Airport, and Phoenix-Mesa Gateway Airport this is a truly exceptional property!

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 $2,351,774. 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
Bathrooms4
Square feet3,860
Property typeSingle Family
MLS #7017190
CountyMaricopa County
Assumable loanVA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$1,965/mo
Source est. payment (PITI)
$2,849/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$2,351,774

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

$0$2,351,774
Additional funds needed$0

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