Properties / 23262 N 74TH Place
VA ASSUMABLERate: 2.96%

23262 N 74TH Place

$749,000
Scottsdale, AZ 85255
3 beds3 baths1,957 sqftSingle Family
The assumable advantage
2.96%
VA assumed rate
$86,236 interest already paid off
Estimated Loan Balance$531,531
Cash to close$218,661
Est. Monthly PITI$2,950
Initial Loan Amount$596,950
Time on site13 days
Remaining Term24 years, 11 months
Seller's equity (what you pay)
$217,469
Cash or secondary financing
Monthly savings
$1,902
Versus today's market rate
Est. savings per year
$23K
Versus today's market rate

About this home

Welcome to this beautifully appointed end-unit residence in the gated Pinnacle at Silverstone community of North Scottsdale. Designed with an open, light-filled floor plan and sophisticated finishes throughout, the home offers a seamless blend of comfort and modern style. The spacious kitchen opens to the living and dining areas, creating an inviting setting for everyday living and entertaining. Generously sized bedrooms provide comfortable private retreats, while the end-unit location offers added privacy. A standout feature is the private rooftop terrace showcasing beautiful mountain views--an ideal space to enjoy Arizona sunsets and outdoor living. Conveniently located near Scottsdale quarter for premier dining, shopping and golf.

How assumption works for this home

Can I assume this VA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. You do NOT need to be a veteran to assume a VA loan — this is a common misconception.

How much cash do I actually need?

You need to cover the seller's equity of $217,469. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

Yes — VA assumptions can be used for investment properties. You can rent this home out.

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 feet1,957
Property typeSingle Family
MLS #7073178
CountyMaricopa County
Assumable loanVA
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Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
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)
$2,515/mo
Source est. payment (PITI)
$2,950/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$217,469

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

$0$217,469
Additional funds needed$0

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