Properties / 1145 S 373RD Avenue
FHA ASSUMABLERate: 6.78%

1145 S 373RD Avenue

$325,000
Tonopah, AZ 85354
3 beds2 baths1,742 sqftSingle Family
The assumable advantage
6.78%
FHA assumed rate
$45,354 interest already paid off
Estimated Loan Balance$307,191
Cash to close$19,609
Est. Monthly PITI$2,336
Initial Loan Amount$312,240
Time on site50 days
Remaining Term27 years, 11 months
Seller's equity (what you pay)
$17,809
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

If space, privacy, and wide-open Arizona views are on your wish list, this Tonopah home with property defininetly delivers. Set on over an acre with NO HOA, this 2023-built home gives you room to spread out, bring the toys, park the RV, create space for animals, or plan future additions. The fully fenced property is surrounded by mountain views, open skies, and incredible Arizona sunsets. Inside, you'll find 3 bedrooms, 2 bathrooms, plus a versatile bonus room perfect for a 4th bedroom, office, or flex space. The open living area flows into a spacious kitchen centered around a large island, with a separate dining room for gathering. The primary suite offers a generous bath and walk-in closet. Newer construction, usable land, privacy, and freedom that's getting harder to find! future additions. With wide-open space, stunning mountain views, and breathtaking sunsets, this property offers the kind of comfortable Arizona living that's becoming harder 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 $17,809. 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

Bedrooms3
Bathrooms2
Square feet1,742
Property typeSingle Family
MLS #6997125
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)
$2,045/mo
Source est. payment (PITI)
$2,336/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$17,809

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

$0$17,809
Additional funds needed$0

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