Properties / 2681 S POWELL Road
VA ASSUMABLERate: 3.07%

2681 S POWELL Road

$389,600
Apache Junction, AZ 85119
4 beds2 baths1,561 sqftSingle Family
The assumable advantage
3.07%
VA assumed rate
$50,419 interest already paid off
Estimated Loan Balance$335,156
Cash to close$55,879
Est. Monthly PITI$1,859
Initial Loan Amount$370,000
Time on site50 days
Remaining Term25 years, 5 months
Seller's equity (what you pay)
$54,444
Cash or secondary financing
Monthly savings
$714
Versus today's market rate
Est. savings per year
$9K
Versus today's market rate

About this home

Welcome to this beautifully refreshed 4-bedroom, 2-bathroom home offering modern farmhouse character and thoughtful upgrades from top to bottom. With no carpet anywhere in the home, real wood baseboards, and a fresh coat of paint throughout, this property is truly move-in ready. The kitchen is a standout, featuring two-tone cabinetry with a fresh finish, modern black hardware, and a sleek black finish faucet. A single apron sink sits beneath a window framed with charming shelving, while stainless steel microwave and dishwasher appliances complete the space. The kitchen island offers additional prep space and storage, accented with a warm wood finish that ties the whole room together. Refreshed countertops round out this functional and stylish kitchen. The living room impresses with wooden window casing and a rustic shiplap media center wall, creating a cozy focal point. A slider door leads directly to the covered patio, seamlessly blending indoor and outdoor living. The primary bedroom offers a peaceful retreat with a shiplap board and batten accent wall, farmhouse style black sconces, and a spacious walk in closet. The primary bathroom continues the design theme with a sliding barn door and a fixed wood towel hanging solution. The en-suite bathroom features its own board and batten accent wall along with a modern black towel hanging fixture. The remaining bedrooms enjoy plenty of natural light from their windows. Additional updates include a new garbage disposal, new garage door opener, and upgraded ceiling fans throughout. Step outside to a low maintenance backyard designed for easy living and entertaining. Enjoy a covered patio, a modern paved patio area, and synthetic turf that stretches across the entire yard, meaning no mowing and no maintenance. An outdoor TV mount is ready for game days, and a storage shed provides extra space for tools or hobbies. New turf has also been added to the front yard, boosting curb appeal while keeping upkeep simple. Beyond the home itself, this property sits within the gated Jacob's Ranch community, a well established neighborhood offering a clubhouse, community pool, basketball court, and playground. Residents also enjoy views of the Superstition Mountains and a convenient location close to local schools and amenities. This home combines style, function, and low maintenance living in one exceptional package, all within a sought after gated community. Come see everything this home has to offer today.

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 $54,444. 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 feet1,561
Property typeSingle Family
MLS #7053869
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)
$1,584/mo
Source est. payment (PITI)
$1,859/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$54,444

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

$0$54,444
Additional funds needed$0

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