Properties / 7921 E SAN MIGUEL Avenue
VA ASSUMABLERate: 3.67%

7921 E SAN MIGUEL Avenue

$522,000
Scottsdale, AZ 85250
3 beds3 baths1,673 sqftSingle Family
The assumable advantage
3.67%
VA assumed rate
$107,052 interest already paid off
Estimated Loan Balance$222,355
Cash to close$302,328
Est. Monthly PITI$1,617
Initial Loan Amount$293,888
Time on site50 days
Remaining Term18 years, 10 months
Seller's equity (what you pay)
$299,645
Cash or secondary financing
Monthly savings
$1,714
Versus today's market rate
Est. savings per year
$21K
Versus today's market rate

About this home

Discover why the Casitas Chaparral neighborhood offers an exceptional living experience. Whether you're seeking a lock-and-leave haven for personal use or a valuable investment opportunity as a short-term or long-term rental, this is the one! This charming home features 3 bedrooms, 2 bathrooms, and a powder room, seamlessly blending modern comfort with stylish design. The updated interior is bathed in abundant natural light, with vaulted ceilings that create an open and airy atmosphere. The spacious great room is accentuated by a wood-accented wall, perfect for relaxing or entertaining guests. Also a splendid opportunity with a VA assumable loan. The kitchen is equipped with stainless steel appliances, quartz countertops, a tile backsplash, white shaker cabinetry, and a convenient peninsula with a breakfast bar. All bedrooms, including the primary suite and secondary bedrooms/office, are thoughtfully located on the third level for added privacy. Recent summer of 2024 updates include new carpet and fresh paint. The townhome also features attached two-car carport spaces and a dedicated storage area. Enjoy resort-style amenities such as the community pool, spa, and clubhouse. The neighborhood's prime location across Hayden Rd from Scottsdale's lush greenbelt offers walking and biking paths, ponds with fishing, ball fields, volleyball courts, and more. Plus, it's conveniently close to top dining, shopping, and entertainment options. A notable bonus: the HOA covers roof repair and replacement, providing peace of mind and added value. Experience the perect blend of lifestyle, comfort, and convenience in Casitas Chaparral--your ideal home or investment awaits!

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 $299,645. 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 feet1,673
Property typeSingle Family
MLS #7036930
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)
$1,364/mo
Source est. payment (PITI)
$1,617/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$299,645

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

$0$299,645
Additional funds needed$0

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