Properties / 1424 Verde Drive
FHA ASSUMABLERate: 5.41%

1424 Verde Drive

$166,900
Bullhead City, AZ 86442
2 beds1 baths837 sqftSingle Family
The assumable advantage
5.41%
FHA assumed rate
$31,161 interest already paid off
Estimated Loan Balance$143,242
Cash to close$24,273
Est. Monthly PITI$1,126
Initial Loan Amount$151,210
Time on site36 days
Remaining Term26 years, 1 month
Seller's equity (what you pay)
$23,658
Cash or secondary financing
Monthly savings
$129
Versus today's market rate
Est. savings per year
$2K
Versus today's market rate

About this home

THIS ONE WILL SURPRISE YOU. *NO HOA* & financeable!!! **WELL MAINTAINED / PRIDE OF OWNERSHIP** Close to river access... PARKING / FENCED!!! *No lot rent/on owned land!* Welcome to 1424 Verde Drive, a beautifully updated and truly turnkey 2 bedroom, 1 bath home tucked into the established Holiday Highlands neighborhood of Bullhead City. This single level gem has been EXTENSIVELY improved from yard decor to a new A/C, making it move in ready with very little left to do. Recent updates include all new laminate flooring throughout, new plumbing, a complete drywall ceiling, one fully re-drywalled wall, new sinks, a new toilet, and all new window blinds. The bright, functional layout features a breakfast bar, casual dining space, a pantry, and a stylish walk in tile shower. Enjoy peace of mind with a roof that is less than four years old and freshly rerolled just two months ago, an air conditioning unit less than five years old, brand new ductwork under the home installed within the last five years, and a transferable home warranty with four years remaining. All appliances are new and convey, including the refrigerator, washer, dryer, and stove, with central electric cooling and central gas heating to keep you comfortable year round. Step outside to a fully improved lot of just over a tenth of an acre featuring a 6 foot metal privacy fence about two years old, a one year old carport, a newer gazebo, and a Tuff Shed for extra storage. The home has been properly tied down and anchored, sits on a level, paved, publicly maintained street, and offers lovely mountain views. Thoughtful extras include fresh yard decor, a new river rock landscape feature, and three gated access points for added convenience and security. Connected to city water and sewer with natural gas service, no HOA, and low annual taxes, this is a rare opportunity to own a fully refreshed home in a sought after pocket of Bullhead City. Whether you are a first time buyer, investor, or right sizing, 1424 Verde Drive delivers genuine turnkey condition at an incredible value. Do not miss your chance to see everything this Bullhead City home has to offer. Schedule your private showing with your agent asap!

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 $23,658. 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

Bedrooms2
Bathrooms1
Square feet837
Property typeSingle Family
MLS #040164
CountyMaricopa County
Assumable loanFHA
Tour this home
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Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
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)
$855/mo
Source est. payment (PITI)
$1,126/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$23,658

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

$0$23,658
Additional funds needed$0

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