Properties / 14586 W CROCUS Drive
FHA ASSUMABLERate: 3.81%

14586 W CROCUS Drive

$379,900
Surprise, AZ 85379
3 beds2 baths1,708 sqftSingle Family
The assumable advantage
3.81%
FHA assumed rate
$53,831 interest already paid off
Estimated Loan Balance$194,377
Cash to close$185,950
Est. Monthly PITI$1,482
Initial Loan Amount$223,850
Time on site31 days
Remaining Term23 years, 4 months
Seller's equity (what you pay)
$185,523
Cash or secondary financing
Monthly savings
$1,191
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

A POOL at this price? Yes, please! Don't miss this opportunity in the desirable Royal Ranch community. This home offers an open, spacious floor plan with vaulted ceilings, a large great room, & a kitchen with plenty of cabinet & counter space plus breakfast bar seating. All appliances convey with the home, including the refrigerator, washer, dryer, & mini beverage refrigerator. The original den has been fully enclosed, creating a versatile bonus room currently used as an additional sleeping space. With no closet, it also makes a great home office, craft room, workout room, playroom, or guest space. Step outside to your own Arizona backyard retreat featuring a private pool, covered patio, low-maintenance landscaping, and plenty of room to relax & enjoy our beautiful Arizona weather. BIG bonus for the new owner, a pallet of wood-plank tile flooring is included with the sale, with enough material to complete the flooring throughout the home! The home also features a water softener, inside laundry with cabinetry, & a two-car garage. Royal Ranch offers neighborhood parks, green space, walking paths, & recreational areas nearby. With a little updating and your own personal touches, this home has so much potential. Priced to sell & packed with value, this one is a steal for the price!

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 $185,523. 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 feet1,708
Property typeSingle Family
MLS #7064915
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)
$1,049/mo
Source est. payment (PITI)
$1,482/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$185,523

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

$0$185,523
Additional funds needed$0

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