$429,500
($45,812 down)14218 W EL CORTEZ Place, Surprise, AZ 85387
PITI Monthly
Listing courtesy of: Beth M Rider, Keller Williams Arizona Realty
Assumed Rate
6.26%
7.15%Principal & Interest
$2,423 /mo
$2,656 /moWhat's Special
Wonderful 4 bedroom, 2 bath home in Rancho Mercado with an open great room layout and split bedrooms. The kitchen has 42'' soft-close cabinetry with crown molding, Quartz countertops, black appliances including a gas range, a pantry, and an island with breakfast bar. The great room has a custom shiplap feature wall, and sliding doors to the covered patio, extended paver patio and low-maintenance backyard with artificial turf. The primary bedroom has an en-suite bath with dual sink vanity, oversized shower, and walk-in closet. Other features include a board and batten accent wall in one bedroom, ceiling fans and blinds throughout, plank tile flooring in living areas and baths, plush carpet in bedrooms, and a 2-car garage with expanded driveway.
Assumption Snapshot
Type of Loan
FHA
Interest Rate
6.26
Remaining Loan Term
28 years, 0 months
Monthly PITI
$2,863.15/mo
Estimated Loan Balance
$385,353
Cash to close
$45,812
Interest Paid
$48,669
Facts & Features
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Cooling & Heating
- Cooling: Central Air, Ceiling Fan(s)
- Heating: Electric
Features
- Materials: Stucco, Wood Frame, Painted
- Community: Unknown
- Has Fireplace: No
- Fireplace Features: None
- Flooring: Carpet, Tile
Exterior
Fencing
- Fencing: Block
Roof
- Roof: Tile
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: 1
- Home type: Single Family Residence
- Architectural Style:
Materials
- Stucco, Wood Frame, Painted
- Roof: Tile
Condition
- Year Built: 2022
Details
- Builder: WILLIAM LYON HOMES
Community & HOA
Community
- Subdivision: RANCHO MERCADO PARCEL A16
- Features: Playground, Biking/Walking Path
HOA
- Has HOA: Yes
- HOA Name: Rancho Mercado
- HOA Amenities: Unknown
- HOA Fee: $91
- HOA Frequency: $Monthly
Location
- Region: Surprise
Financial Details
- Price per Sqft: $251.76
- Tax Annual Amount: $1314
- On Market Date: 2025-04-17T20:20:06.000Z
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Loan Breakdown
Assumed vs Traditional Mortgage
*Secondary financing rates are an estimated value based on input
MLS ID: 6853174
Listing From: Arizona Regional Multiple Listing Service (ARMLS)
Last updated: 2025-04-17T23:41:18.000Z
© , 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
6.26%
7.15%Principal & Interest
$2,423 /mo
$2,656 /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 $45,812!
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
Sergio AmesquitaeXp Realty (602) 859-4143sergio@4azrealestate.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 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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