Properties / 1812 W LACEWOOD Place
VA ASSUMABLERate: 2.77%

1812 W LACEWOOD Place

$635,000
Phoenix, AZ 85045
5 beds3 baths2,904 sqftSingle Family
The assumable advantage
2.77%
VA assumed rate
$37,917 interest already paid off
Estimated Loan Balance$227,686
Cash to close$410,510
Est. Monthly PITI$1,486
Initial Loan Amount$257,784
Time on site50 days
Remaining Term24 years, 5 months
Seller's equity (what you pay)
$407,314
Cash or secondary financing
Monthly savings
$2,675
Versus today's market rate
Est. savings per year
$32K
Versus today's market rate

About this home

Nestled in the highly desirable Foothills Club West community of Ahwatukee, this pristine home seamlessly combines modern convenience with stunning South Mountain backdrops. Perfectly positioned for easy commuting, enjoy quick access to Phoenix Sky Harbor International Airport and the bustling Chandler Tech Corridor via the convenient Loop 202 freeway. Step inside to light-filled living spaces featuring soaring ceilings, fresh interior paint, and an effortless open-concept flow. The well-appointed kitchen features granite countertops, a large center island, and a large pantry that opens directly to the spacious great room--ideal for daily living and easy entertaining. Designed with exceptional versatility, the functional layout offers 5 total bedrooms, 3 full bathrooms, and and a generously sized second-floor loft perfect for a game room, secondary media area, or home gym. Crucially, the floor plan includes a full bedroom and full bathroom on the main level, making it ideal for multi-generational living, long-term guests, or a dedicated private office. Upstairs, the expansive primary suite serves as a peaceful retreat complete with a double-sink vanity and walk-in shower. Step out back to enjoy a low-maintenance backyard featuring a shaded patio and lush grass area. Combining location, flexibility, and key updates, this turnkey Ahwatukee residence is ready to welcome you home!

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 $407,314. 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

Bedrooms5
Bathrooms3
Square feet2,904
Property typeSingle Family
MLS #7001232
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)
$1,070/mo
Source est. payment (PITI)
$1,486/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$407,314

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

$0$407,314
Additional funds needed$0

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