Properties / 8383 N 173RD Lane
FHA ASSUMABLERate: 5.13%

8383 N 173RD Lane

$475,000
Waddell, AZ 85355
4 beds3 baths2,040 sqftSingle Family
The assumable advantage
5.13%
FHA assumed rate
$79,475 interest already paid off
Estimated Loan Balance$367,920
Cash to close$107,639
Est. Monthly PITI$2,713
Initial Loan Amount$391,190
Time on site49 days
Remaining Term26 years
Seller's equity (what you pay)
$107,080
Cash or secondary financing
Monthly savings
$663
Versus today's market rate
Est. savings per year
$8K
Versus today's market rate

About this home

Welcome to this beautifully upgraded 4-bedroom, 3-bathroom home in the highly desirable Granite Vista community! Perfectly situated just off Loop 303, you'll enjoy convenient access to the Prasada shopping, dining, and entertainment district while being surrounded by community parks, innovative playgrounds, and scenic walking paths. Designed with both comfort and functionality in mind, this home features a desirable split floor plan with 9-foot ceilings and thoughtful custom finishes throughout, including French doors, board and batten accents, window blinds and ceiling fans throughout, a tankless water heater, reverse osmosis system at the kitchen sink, and a whole-home water softener. A welcoming front porch provides the perfect place to relax and enjoy the neighborhood. Inside the front of the home offers a private ensuite bedroom complete with a full bath and walk-in closet--ideal for guests or multigenerational living. Two additional guest bedrooms share a full bathroom, while the spacious primary suite is tucked away at the back of the home and features an oversized walk-in shower, generous walk-in closet, and sliding glass door leading to the extended covered patio. The open-concept kitchen is appointed with upgraded cabinetry, a gas range, quartz countertops, a deep dual-basin sink, and plenty of space for a large dining table, making it perfect for everyday living and entertaining. The laundry room is equally well-equipped with quartz countertops, cabinets and a utility sink. Step outside to your oversized backyard oasis featuring lush grass, mature fruit trees, cafe lights, a gas stub for your BBQ grill, and an HOA-approved storage shed. Backing to a greenbelt and adjacent to a walking path, this premium lot offers added privacy and beautiful mountain views. The garage is outfitted with built-in storage solutions, an EV charger, and a convenient service door, completing this exceptional home that truly combines style, comfort, and modern convenience.

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 $107,080. 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

Bedrooms4
Bathrooms3
Square feet2,040
Property typeSingle Family
MLS #7057620
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)
$2,138/mo
Source est. payment (PITI)
$2,713/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$107,080

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

$0$107,080
Additional funds needed$0

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