Properties / 1165 E HARRISON Street
VA ASSUMABLERate: 3.45%

1165 E HARRISON Street

$965,000
Gilbert, AZ 85295
4 beds3 baths3,232 sqftSingle Family
The assumable advantage
3.45%
VA assumed rate
$65,758 interest already paid off
Estimated Loan Balance$272,251
Cash to close$693,367
Est. Monthly PITI$1,837
Initial Loan Amount$313,895
Time on site16 days
Remaining Term23 years, 7 months
Seller's equity (what you pay)
$692,749
Cash or secondary financing
Monthly savings
$4,284
Versus today's market rate
Est. savings per year
$51K
Versus today's market rate

About this home

This Gilbert home has been updated where you see it--and where you don't. At 3,231 sq ft it offers 4 bedrooms, 3 full baths and a loft, including a downstairs bedroom/full bath. The 2025-remodeled kitchen opens to the family room, while separate front living/dining gives you another place to spread out. Out back, the pool, outdoor kitchen with grill, sink & refrigerator, turf, privacy landscaping and commercial misting create a backyard that feels finished and ready to enjoy. Major updates include 2023 energy-efficient windows and carpet, newer HVAC units, 2017 roof underlayment, whole-home filtration/softener, 2024 appliances, 2023 exterior paint and a 2026 water heater. It's the combination that's hard to find: updated finishes, flexible space and the big-ticket work already done. The appeal of this home goes well beyond what you see in the photos. Over the past several years, the sellers have made extensive improvements to the finishes, major systems, efficiency, comfort and outdoor living spaces. LAYOUT & LIVING SPACES " 3,231 sq ft " 4 bedrooms, 3 full bathrooms + loft " Downstairs bedroom and full bathroom " Separate front living/dining room " Open kitchen, family room and casual dining area " Multiple living spaces for everyday use, entertaining, guests or work-from-home needs " 2 separate Primary closets " Professionally staged to highlight the home's scale and flow KITCHEN & INTERIOR UPDATES " Kitchen and bathroom remodel -- 2025 " Newer refrigerator and appliances -- 2024 " High-grade carpet -- 2023 " Updated finishes throughout ENERGY EFFICIENCY & MAJOR SYSTEMS " Energy-efficient Krasiva windows -- 2023 " Seller reports lifetime warranty on windows " Upstairs HVAC unit -- 2017 " Downstairs HVAC unit -- 2022 " Roof underlayment/paper replaced -- 2017 " Seller reports 25-year roof-underlayment warranty " New water heater -- 2026 " Whole-home water filtration and softener system -- 2023 " Exterior paint -- 2023 " New garage door opener -- 2026 BACKYARD & OUTDOOR LIVING " Backyard remodeled -- 2022 " Private pool " Variable-speed pool motor -- 2021 " Outdoor kitchen -- 2023 " Grill, sink and refrigerator " Commercial misting system -- 2023 " Turf in front and backyard -- 2022 " Privacy landscaping/trees added during backyard remodel " Covered outdoor living and entertaining areas " Travertine additional-parking slab -- 2022 " Covered outdoor storage area -- 2024 " Paint-matched storage shed What makes this home especially compelling is the combination of visible remodeling and substantial behind-the-scenes improvements. Buyers get the updated kitchen, baths and outdoor spaces they can enjoy immediately, along with many of the major systems and practical improvements already addressed. Detailed improvement and warranty information available upon request.

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 $692,749. 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

Bedrooms4
Bathrooms3
Square feet3,232
Property typeSingle Family
MLS #7071184
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)
$1,407/mo
Source est. payment (PITI)
$1,837/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$692,749

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

$0$692,749
Additional funds needed$0

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