$274,990
($78,417 down)4118 E RIDGE Road, Phoenix, AZ 85042
PITI Monthly
Listing courtesy of: Celina A Maya, HomeSmart
Assumed Rate
5.52%
7.15%Principal & Interest
$1,162 /mo
$1,379 /moWhat's Special
Discover this beautifully updated 2-bedroom, 1-bathroom home, ideally located just minutes from shopping, dining, and entertainment - all for under $300,000 with NO HOA! Freshly painted throughout, this inviting home offers a cozy living room that seamlessly flows into the dining area and kitchen, complete with newly painted cabinets. Enjoy the modern appeal of brand-new vinyl flooring throughout, and rest easy knowing all appliances are included. The expansive backyard provides an excellent space for entertaining, while the property is just a short drive from a golf course and scenic hiking trails. This home offers the perfect combination of comfort, convenience, and value. Don't miss your chance to make this move-in-ready gem yours!
Assumption Snapshot
Type of Loan
FHA
Interest Rate
5.52
Remaining Loan Term
27 years, 4 months
Monthly PITI
$1,480.5/mo
Estimated Loan Balance
$197,340
Cash to close
$78,417
Interest Paid
$29,531
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
Cooling & Heating
- Cooling: Central Air, Both Refrig & Evap, Programmable Thmstat
- Heating: Electric
Features
- Materials: Metal Siding, Other
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: None
- Flooring: Laminate
Exterior
Fencing
- Fencing: Block, Chain Link
Roof
- Roof: Composition
Parking
- Garage: No
- Garage Spaces: 0
- Carport: No
- Carport Spaces: 0
Water
- Sewer: Public Sewer
- Water Source: City Water
Pool
- Has Pool: No
- Pool Features: None
Construction
Type & Style
- Stories: 1
- Home type: Mfg/Mobile Housing
- Architectural Style: Other
Materials
- Metal Siding, Other
- Roof: Composition
Condition
- Year Built: 1978
Details
- Builder: Unknown
Community & HOA
Community
- Subdivision: PARK RIDGE ESTATES UNIT 2
- Features:
HOA
- Has HOA: No
Location
- Region: Phoenix
Financial Details
- Price per Sqft: $260.16
- Tax Annual Amount: $284
- On Market Date: 2025-04-06T23:00:06.000Z
Inquire about this property
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Fill out an application to explore financing options for assuming this loan.
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You cover the entire equity of $78,417!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: 6847316
Listing From: Arizona Regional Multiple Listing Service (ARMLS)
Last updated: 2025-04-12T23:33:28.000Z
© , Arizona Regional Multiple Listing Service (ARMLS). All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.
Assumed Rate
5.52%
7.15%Principal & Interest
$1,162 /mo
$1,379 /moInquire about this property
We will reach out to you with more details
Fill out an application to explore financing options for assuming this loan.
Apply nowSavings Calculator
You cover the entire equity of $78,417!
Enter a smaller amount if you prefer to use secondary financing.
Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
Follow Us
Agent/Broker
Steve ZajdzinskieXp Realty(480) 725-4555steve@soldbystevez.comMLS BR514106000Resources
Apply to Assume© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than eXp Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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