Properties / 11014 W MARGUERITE Avenue
FHA ASSUMABLERate: 5.81%

11014 W MARGUERITE Avenue

$470,000
Tolleson, AZ 85353
4 beds3 baths2,343 sqftSingle Family
The assumable advantage
5.81%
FHA assumed rate
$106,992 interest already paid off
Estimated Loan Balance$421,547
Cash to close$49,611
Est. Monthly PITI$3,325
Initial Loan Amount$445,766
Time on site50 days
Remaining Term25 years, 10 months
Seller's equity (what you pay)
$48,453
Cash or secondary financing
Monthly savings
$143
Versus today's market rate
Est. savings per year
$2K
Versus today's market rate

About this home

A showpiece kitchen anchors this 2022 built, 2,343 square foot home, offering an expansive island, abundant white cabinetry, striking countertops, pendant lighting, and generous workspace for cooking and entertaining. Neutral finishes, recessed lighting, tile flooring, and a modern ceiling fan create a bright, cohesive interior. Four bedrooms and three bathrooms provide flexible space for guests, work, or hobbies, while the dual sink vanity adds everyday convenience. Outside, a wide covered patio overlooks a spacious block fenced backyard ready for a buyer's personal vision. Garage parking completes this thoughtfully designed single family home.

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 $48,453. 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 feet2,343
Property typeSingle Family
MLS #7052936
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)
$2,629/mo
Source est. payment (PITI)
$3,325/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$48,453

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

$0$48,453
Additional funds needed$0

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