Properties / 300 S 11th Street
FHA ASSUMABLERate: 4.62%

300 S 11th Street

$680,000
Williams, AZ 86046
4 beds2 baths sqftSingle Family
The assumable advantage
4.62%
FHA assumed rate
$17,809 interest already paid off
Estimated Loan Balance$418,296
Cash to close$262,269
Est. Monthly PITI$2,691
Initial Loan Amount$423,280
Time on site36 days
Remaining Term29 years, 1 month
Seller's equity (what you pay)
$261,704
Cash or secondary financing
Monthly savings
$1,829
Versus today's market rate
Est. savings per year
$22K
Versus today's market rate

About this home

Rare opportunity to own a spacious home on a 1/2-acre lot within the City of Williams! Properties like this are hard to find, offering the convenience of all city utilities with plenty of room to enjoy. This 2,259 sq. ft. home features 4 bedrooms, 2 bathrooms, vaulted ceilings, and a warm, inviting living room with a beautiful gas fireplace and a large picture window that fills the space with natural light. Step outside to the large covered back porch overlooking the gated backyard, which backs undeveloped land at the base of Bill Williams Mountain. Complete with RV parking, a greenhouse, large storage shed, and a 2-car carport, this property offers space, privacy, and convenience in one of Williams' most desirable settings.

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 $261,704. 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
Bathrooms2
Property typeSingle Family
MLS #205550
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)
$2,181/mo
Source est. payment (PITI)
$2,691/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$261,704

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

$0$261,704
Additional funds needed$0

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