Properties / 5109 W SAN GABRIEL Avenue
FHA ASSUMABLERate: 3.02%

5109 W SAN GABRIEL Avenue

$499,900
Laveen, AZ 85339
5 beds2 baths2,238 sqftSingle Family
The assumable advantage
3.02%
FHA assumed rate
$54,001 interest already paid off
Estimated Loan Balance$308,788
Cash to close$190,410
Est. Monthly PITI$2,191
Initial Loan Amount$350,337
Time on site0 days
Remaining Term24 years, 8 months
Seller's equity (what you pay)
$191,112
Cash or secondary financing
Monthly savings
$1,467
Versus today's market rate
Est. savings per year
$18K
Versus today's market rate

About this home

Welcome to 5109 W San Gabriel Ave, a truly move-in-ready Laveen home packed with unique features and plenty of space inside and out. Situated on a desirable corner lot, this property offers 4 bedrooms plus a den, along with a detached air-conditioned guest space that is perfect for visitors, a home office, gym, studio, or additional living area. Inside, the home features a clean, upgraded interior with granite countertops, spacious living areas, and finishes that make it easy to move right in. The primary suite is generously sized and includes a large walk-in closet and upgraded walk-in shower. The massive backyard is one of the standout features of this property, offering impressive views, tons of usable space, and endless possibilities for entertaining, relaxing, gardening, recreation, or creating your own private backyard retreat. With its corner lot, RV gate, flexible guest space, upgraded interior, and one-of-a-kind outdoor setting, this home offers a combination that is hard to find.

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 $191,112. 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

Bedrooms5
Bathrooms2
Square feet2,238
Property typeSingle Family
MLS #7079217
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)
$1,481/mo
Source est. payment (PITI)
$2,191/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$191,112

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

$0$191,112
Additional funds needed$0

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