Bobi Hernandez

Bobi Hernandez

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$350,000

($227,063 down)
FHA

7124 SIMONS Way, Show Low, AZ 85901

3
2
2,314 sqft
PITI Monthly
$1,096.2 /mo

Listing courtesy of: Garrett Angeleri, West USA Realty

Assumed Rate

3.87%
7.15%

Principal & Interest

$715 /mo
$1,028 /mo

What's Special

LOCATION
SPACIOUS
FIREPLACE
HOME OFFICE
GAME ROOM
COZY

This 3-bedroom, 2-bathroom home offers 2,314 sq ft of opportunity and charm, nestled in a location that perfectly balances peaceful living with convenient access to town. Bring your vision and make this home your own—it's priced accordingly for buyers ready to roll up their sleeves and create something special. Inside, you'll find a cozy fireplace perfect for cooler nights, and a spacious bonus room that can easily be transformed into a guest suite, game room, home office, or whatever suits your lifestyle. The layout offers great flow and flexibility for both everyday living and entertaining. Outside, the property boasts horse privileges, making it an ideal choice for those looking to embrace country living without sacrificing convenience. Whether you're dreaming of a mini ranch o r just extra space to roam, this property has the foundation to bring that vision to life. Don't miss out on this unique opportunity to invest in a property with great bones, a fantastic location, and endless potential.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.87
Remaining Loan Term
20 years, 11 months
Monthly PITI
$1,096.2/mo
Estimated Loan Balance
$123,887
Cash to close
$227,063
Interest Paid
$48,705

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Other
  • Heating: Other
Features
  • Materials: Wood Frame, Painted
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace
  • Flooring:

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Other
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces: 0
Water
  • Sewer: Septic Tank
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style:
Materials
  • Wood Frame, Painted
  • Roof: Other
Condition
  • Year Built: 1981
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: Show Low Unsubdivided
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Show Low

Financial Details

  • Price per Sqft: $151.25
  • Tax Annual Amount: $1478
  • On Market Date: 2025-04-15T22:30:15.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $227,063 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $227,063!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.87% Sellers Rate
$122,937
Your Cash:$227,063
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.87%
$715/mo
Traditional @ 7.15%
$1,066/mo
You save $351/month ($4,212/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6852038

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-16T00:35:19.000Z

© , 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

3.87%
7.15%

Principal & Interest

$715 /mo
$1,028 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $227,063 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $227,063!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.87% Sellers Rate
$122,937
Your Cash:$227,063
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.87%
$715/mo
Traditional @ 7.15%
$1,066/mo
You save $351/month ($4,212/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Bobi Hernandez(602) 761-0781bobisellsazhomes@gmail.comMLS

© 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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