Properties / 258 N SUNRISE
FHA ASSUMABLERate: 5.52%

258 N SUNRISE

$430,000
Mesa, AZ 85207
3 beds3 baths2,220 sqftSingle Family
The assumable advantage
5.52%
FHA assumed rate
$88,263 interest already paid off
Estimated Loan Balance$381,019
Cash to close$50,064
Est. Monthly PITI$2,867
Initial Loan Amount$402,930
Time on site50 days
Remaining Term26 years
Seller's equity (what you pay)
$48,981
Cash or secondary financing
Monthly savings
$233
Versus today's market rate
Est. savings per year
$3K
Versus today's market rate

About this home

Built in 2020 and thoughtfully enhanced since, this move-in-ready home offers modern finishes, quality upgrades, and a private setting with no rear neighbors. Step inside to a bright, open interior filled with natural light, soaring ceilings, a neutral color palette, and stylish wood-look tile flooring that creates a warm and inviting atmosphere. Every detail has been carefully considered, including updated trim and contemporary lighting throughout both levels. The beautifully appointed kitchen has been elevated with a designer backsplash, complementing the home's modern finishes while providing the perfect space for cooking, gathering, and entertaining. Outside, both the front and back yards have been professionally landscaped, creating attractive, low-maintenance outdoor spaces. The backyard has been further enhanced with pavers and artificial turf, offering the ideal setting for relaxing, entertaining, or enjoying Arizona's year-round sunshine. Perfectly positioned with desirable north/south exposure and no rear neighbors, this home provides both privacy and energy efficiency. Residents also enjoy access to a community pool and a centrally located neighborhood close to shopping, dining, schools, and major commuter routes.

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 $48,981. 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

Bedrooms3
Bathrooms3
Square feet2,220
Property typeSingle Family
MLS #7049684
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)
$2,303/mo
Source est. payment (PITI)
$2,867/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$48,981

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

$0$48,981
Additional funds needed$0

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