Properties / 19418 W PIERSON Street
FHA ASSUMABLERate: 6.77%

19418 W PIERSON Street

$380,000
Litchfield Park, AZ 85340
3 beds2 baths1,399 sqftSingle Family
The assumable advantage
6.77%
FHA assumed rate
$65,215 interest already paid off
Estimated Loan Balance$368,599
Cash to close$12,158
Est. Monthly PITI$2,967
Initial Loan Amount$378,026
Time on site50 days
Remaining Term27 years, 6 months
Seller's equity (what you pay)
$11,401
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

PRICED FOR QUICK SALE | Beautifully upgraded 2023 Lennar home located in the desirable Landings community. This move-in ready 3-bedroom, 2-bath residence offers an open-concept floor plan with modern finishes throughout. The kitchen features upgraded cabinetry, granite countertops, designer backsplash, pendant lighting, a large island, gas range, and walk-in pantry. Wood-look plank tile flooring flows throughout the main living areas, complemented by fresh interior paint and abundant natural light. The spacious primary suite includes a spa-inspired bath with an upgraded subway tile walk-in shower, dual vanities, and granite countertops. Additional upgrades include epoxy garage floors, a soft water loop, and low-maintenance landscaping. The backyard is designed for year-round enjoymen extended paver patio, artificial turf, gas stub for grilling, and mountain views. Additional curb appeal includes a paver driveway, covered front porch, and landscape lighting. Conveniently located near Loop 303, shopping, dining, parks, and highly rated schools, this home offers modern comfort in a growing West Valley community.

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 $11,401. 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 feet1,399
Property typeSingle Family
MLS #7046827
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)
$2,465/mo
Source est. payment (PITI)
$2,967/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$11,401

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

$0$11,401
Additional funds needed$0

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