$650,000
($650,000 down)38065 N CAVE CREEK Road UNIT 9, Cave Creek, AZ 85331
PITI Monthly
Listing courtesy of: Tanya Toliver, SERHANT.
Assumed Rate
%
7.15%Principal & Interest
$1,791 /mo
$2,694 /moWhat's Special
A rare opportunity to own a unit in The Villas at Black Mountain. This 3-bedroom, 3-bathroom home boasts breathtaking mountain views from its expansive second-level wraparound deck, complete with a fireplace ideal for evening gatherings. The master and guest bedrooms are located downstairs, while a second master suite is upstairs, all with en suite bathrooms and spacious walk-in closets. The master bedroom was recently used as an art studio. The kitchen is equipped with stainless steel appliances and ample counter space. The large, open great room features vaulted ceilings and a cozy gas fireplace. This gated community offers a beautiful pool and spa, and is within walking distance to the unique shops and restaurants of Cave Creek, as well as the renowned Rancho Manana Golf Resort.
Assumption Snapshot
Type of Loan
FHA
Interest Rate
Remaining Loan Term
29 years, 7 months
Monthly PITI
$2,234.87/mo
Estimated Loan Balance
$398,183
Cash to close
$650,000
Interest Paid
$0
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
Cooling & Heating
- Cooling: Central Air, Ceiling Fan(s)
- Heating: Natural Gas
Features
- Materials: Stucco, Wood Frame, Painted
- Community: Unknown
- Has Fireplace: Yes
- Fireplace Features: 2 Fireplace, Exterior Fireplace, Family Room, Gas
- Flooring: Carpet, Tile
Exterior
Fencing
- Fencing: Block, Partial
Roof
- Roof: Built-Up, Foam
Parking
- Garage: Yes
- Garage Spaces: 2
- Carport: Yes
- Carport Spaces: 2
Water
- Sewer: Public Sewer
- Water Source: City Water
Pool
- Has Pool: No
- Pool Features: None
Construction
Type & Style
- Stories: 2
- Home type: Townhouse
- Architectural Style: Spanish
Materials
- Stucco, Wood Frame, Painted
- Roof: Built-Up, Foam
Condition
- Year Built: 1996
Details
- Builder: Don Fredericks
Community & HOA
Community
- Subdivision: Rancho Villas Unit 2
- Features: Gated, Community Spa, Community Pool Htd
HOA
- Has HOA: Yes
- HOA Name: Villas At Black Mtn
- HOA Amenities: Unknown
- HOA Fee: $320
- HOA Frequency: $Monthly
Location
- Region: Cave Creek
Financial Details
- Price per Sqft: $286.09
- Tax Annual Amount: $1132
- On Market Date: 2025-04-06T00:00:00.000Z
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 $650,000!
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: 6846534
Listing From: Arizona Regional Multiple Listing Service (ARMLS)
Last updated: 2025-04-07T20:33:52.000Z
© , 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
%
7.15%Principal & Interest
$1,791 /mo
$2,694 /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 $650,000!
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
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Agent/Broker
Bobi Hernandez(602) 761-0781bobisellsazhomes@gmail.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 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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