Properties / 450 E TORREY PINES Place
FHA ASSUMABLERate: 6.34%

450 E TORREY PINES Place

$680,000
Chandler, AZ 85249
3 beds3 baths2,074 sqftSingle Family
The assumable advantage
6.34%
FHA assumed rate
$109,045 interest already paid off
Estimated Loan Balance$520,746
Cash to close$161,069
Est. Monthly PITI$3,992
Initial Loan Amount$539,427
Time on site50 days
Remaining Term26 years, 10 months
Seller's equity (what you pay)
$159,254
Cash or secondary financing
Monthly savings
$641
Versus today's market rate
Est. savings per year
$8K
Versus today's market rate

About this home

POOL + DEN + MAJOR UPDATES! Welcome to this beautifully maintained 3-bedroom, 2.5-bath home in the highly sought-after Autumn Park community. Major improvements have already been completed, including a new air conditioner (2024), hot water heater (2021), water softener (2024), and pool pump replaced just 1.5 years ago. Featuring a versatile den, sparkling private pool, and numerous recent upgrades, this move-in ready home offers the perfect combination of comfort, style, and value. Inside, you'll find an inviting floor plan with tile flooring throughout the main living areas, elegant plantation shutters, and abundant natural light. The flexible den is ideal for a home office, playroom, fitness space, or guest retreat. The kitchen is equipped with appliances that are still under warranty, providing added peace of mind for the next owner. Step outside to your backyard oasis, complete with a refreshing pool, beautiful travertine patio, and plenty of space to relax or entertain year-round. Located in the charming Autumn Park community, this meticulously cared-for home is close to shopping, dining, parks, and excellent schools. With its desirable layout, private pool, and significant system upgrades already in place, this home is the complete package and ready for its next chapter.

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 $159,254. 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
Bathrooms3
Square feet2,074
Property typeSingle Family
MLS #7047055
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)
$3,369/mo
Source est. payment (PITI)
$3,992/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$159,254

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

$0$159,254
Additional funds needed$0

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