$278,000
($120,827 down)8520 W PALM Lane UNIT 1131, Phoenix, AZ 85037
PITI Monthly
Listing courtesy of: Nyles Moore, RE/MAX Professionals
Assumed Rate
2.89%
7.15%Principal & Interest
$727 /mo
$1,180 /moWhat's Special
Welcome to this charming 3-bedroom, 2-bathroom home located in the desirable Westfield 1 community! This well-maintained property features an open floor plan and easy-to-clean tile flooring throughout. The home is filled with natural sunlight, creating a warm and inviting atmosphere. A versatile flex space is perfect for a cozy family room or play area. The primary bedroom includes a walk-in closet and private patio access for added comfort. With convenient access to the I-10, 202, and nearby amenities, this home is an excellent option for first-time homebuyers or investors looking for a great rental opportunity.
Assumption Snapshot
Type of Loan
FHA
Interest Rate
2.89
Remaining Loan Term
25 years, 6 months
Monthly PITI
$1,050.75/mo
Estimated Loan Balance
$166,485
Cash to close
$120,827
Interest Paid
$21,631
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
Cooling & Heating
- Cooling: Central Air
- Heating: Electric
Features
- Materials: Wood Frame, Painted
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: None
- Flooring: Tile
Exterior
Fencing
- Fencing: Wood
Roof
- Roof: Composition
Parking
- Garage: No
- Garage Spaces: 0
- Carport: Yes
- Carport Spaces: 2
Water
- Sewer: Public Sewer
- Water Source: City Water
Pool
- Has Pool: No
- Pool Features: Fenced
Construction
Type & Style
- Stories: 1
- Home type: Single Family Residence
- Architectural Style: See Remarks
Materials
- Wood Frame, Painted
- Roof: Composition
Condition
- Year Built: 1987
Details
- Builder: UNK
Community & HOA
Community
- Subdivision: WESTFIELD 1 LOT 1-136 TR A-E
- Features: Community Spa, Community Pool, Biking/Walking Path
HOA
- Has HOA: Yes
- HOA Name: GUD Community
- HOA Amenities: Unknown
- HOA Fee: $132.87
- HOA Frequency: $Monthly
Location
- Region: Phoenix
Financial Details
- Price per Sqft: $227.12
- Tax Annual Amount: $605
- On Market Date: 2025-05-07T00:00:00.000Z
Inquire 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 $120,827!
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: 6861866
Listing From: Arizona Regional Multiple Listing Service (ARMLS)
Last updated: 2025-05-07T12:30:00.000Z
© , 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
2.89%
7.15%Principal & Interest
$727 /mo
$1,180 /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 $120,827!
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
Olivia MedinaPorter Group AZ(480) 779-7722olivia@portergroupaz.comMLSResources
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 Porter Group AZ 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.
Porter Group AZ © is committed to and abides by the Fair Housing Act of Equal Opportunity.