Properties / 41346 W ARVADA Lane
VA ASSUMABLERate: 2.83%

41346 W ARVADA Lane

$394,900
Maricopa, AZ 85138
3 beds3 baths2,111 sqftSingle Family
The assumable advantage
2.83%
VA assumed rate
$55,387 interest already paid off
Estimated Loan Balance$317,609
Cash to close$78,793
Est. Monthly PITI$1,874
Initial Loan Amount$363,396
Time on site38 days
Remaining Term24 years, 3 months
Seller's equity (what you pay)
$77,291
Cash or secondary financing
Monthly savings
$819
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

Come and check out this Beautifully maintained Fulton Home located in a highly desirable community! Offering 2,100 sq. ft., this thoughtfully designed split floor plan features 3 bedrooms, an open den/flex space, and spacious living areas perfect for everyday living and entertaining. The open-concept kitchen is designed for both function and style with granite slab countertops, tile backsplash, 42'' maple cabinetry, stainless steel appliances, a gas cooktop (dual energy option) with SS 36'' Chimney Hood, built-in microwave, self-cleaning oven, dishwasher, breakfast bar, huge walk-in pantry, and a double bowl sink, highlighted with under cabinet lighting and Pendant lighting too. The adjoining great room creates a welcoming space for gathering with family and friends. The primary suite offers a relaxing retreat with a generous walk-in closet and an en-suite bath featuring cultured marble countertops, dual sinks, massive walk-in Shower (with seating and 2 shower heads) and this bedroom is separate from the other bedrooms. Additional features include: Reverse Osmosis system, 10' ceilings, rounded drywall corners, Plank tile in all spaces (except the bedrooms), wood shutters, raised two-panel interior doors (with lever hardware), Newer Resin Water softener, abundant storage, Surround sound, garage service door, and a spacious laundry room with upper cabinets and a sink. The 16' Atrium Glass door takes you out to the spacious grassy back yard and Pergola area (with electrical outlet), and there is an exterior gas stub for your future BBQ. This Fulton home offers Quality construction and energy-efficient features that include 2x6 frame and stucco construction, post-tension foundation, Low-E dual-pane windows, R-19 exterior wall insulation, R-30 attic insulation, Tech Shield radiant barrier, 8' insulated fiberglass front door, Honeywell Wi-Fi thermostat, Carrier HVAC with not 1 but 3 thermostats (for controlling the rooms you want the coldest), 50-gallon gas water heater, LED lighting, and a 200-amp electrical service. Glennwilde Groves is a master-planned community offering a variety of amenities for residents to enjoy, including two community pools, ten neighborhood parks (tot lots), a soccer field, and miles of greenbelt walking paths. Just adjacent to the community, you'll also find a catch-and-release lake, as well as softball and baseball fields, providing even more opportunities for recreation and outdoor activities. To the East of the home is the community pool area. Go East on Arvada and it curves to Centennial, then right on Centennial and you drive right into the parking lot of one of the Community pools and open fields. The State Route 347 Improvement Project will improve a 14-mile section of SR 347 between Interstate 10 and the City of Maricopa, by adding one lane in each direction!

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 $77,291. 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

Bedrooms3
Bathrooms3
Square feet2,111
Property typeSingle Family
MLS #7062211
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)
$1,510/mo
Source est. payment (PITI)
$1,874/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$77,291

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

$0$77,291
Additional funds needed$0

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