Jeanne(Kerry) Davidson

Jeanne(Kerry) Davidson

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$287,900

($155,906 down)
FHA

735 E VAUGHN Drive, Tempe, AZ 85283

2
2
912 sqft
PITI Monthly
$1,182.26 /mo

Listing courtesy of: Steven A Halen, R & S PREMIER HOMES

Assumed Rate

7.22%
7.15%

Principal & Interest

$907 /mo
$900 /mo

What's Special

INVESTORS
LOCATION
DINING
MODERN

Nestled in the heart of Tempe, this beautifully maintained 2-bedroom, 2-bathroom townhouse offers 912 sq ft of thoughtfully designed living space. Built in 1975, the home blends timeless charm with modern updates, making it an excellent choice for first-time buyers, investors, or anyone seeking a low-maintenance lifestyle. Step inside to find a functional floor plan ideal for both daily living and entertaining. The open-concept layout provides a seamless flow between living, dining, and kitchen spaces. Generously sized bedrooms and a well-appointed bathroom enhance the home's comfort and practicality. Located in a well-kept community, residents enjoy access to shared amenities and a strong sense of neighborhood. The property's prime location places you just minutes from popular shoppi

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.22
Remaining Loan Term
29 years, 1 months
Monthly PITI
$1,182.26/mo
Estimated Loan Balance
$132,437
Cash to close
$155,906
Interest Paid
$8,786

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Electric, Ceiling
Features
  • Materials: Stucco, Lap Siding, Wood Frame, Painted
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block
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: None

Construction

Type & Style
  • Stories: 1
  • Home type: Townhouse
  • Architectural Style: Contemporary
Materials
  • Stucco, Lap Siding, Wood Frame, Painted
  • Roof: Composition
Condition
  • Year Built: 1975
Details
  • Builder: Unknow

Community & HOA

Community
  • Subdivision: PARK PREMIERE SOUTH TWO TOWNHOUSES
  • Features: Community Pool, Near Bus Stop, Tennis Court(s)
HOA
  • Has HOA: Yes
  • HOA Name: PARK PREMIER 2
  • HOA Amenities: Unknown
  • HOA Fee: $258
  • HOA Frequency: $Monthly
Location
  • Region: Tempe

Financial Details

  • Price per Sqft: $315.68
  • Tax Annual Amount: $775
  • On Market Date: 2025-04-18T14:30:06.000Z
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.

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Savings Calculator

Current cash to close is $155,906 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $155,906!

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

Loan Breakdown

Assumed Mortgage7.22% Sellers Rate
$131,994
Your Cash:$155,906
Total Purchase Price:$287,900

Assumed vs Traditional Mortgage

Assumed @ 7.22%
$907/mo
Traditional @ 7.15%
$934/mo
You save $27/month ($327/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6853585

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-24T18:58:18.000Z

© , 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

7.22%
7.15%

Principal & Interest

$907 /mo
$900 /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 $155,906 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $155,906!

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

Loan Breakdown

Assumed Mortgage7.22% Sellers Rate
$131,994
Your Cash:$155,906
Total Purchase Price:$287,900

Assumed vs Traditional Mortgage

Assumed @ 7.22%
$907/mo
Traditional @ 7.15%
$934/mo
You save $27/month ($327/year)

*Secondary financing rates are an estimated value based on input

Follow Us
HomeSmart
Agent/Broker
Jeanne(Kerry) DavidsonHomeSmart(602) 826-3697kerry@myagent.netMLS BR631128000

© 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 HomeSmart 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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