11142 E Mark Ln, Scottsdale, AZ 85262
3 beds · 3 baths · 2,784 sqft sqft
A very stylish remodeled home in North Scottsdale's coveted Troon North area. This single-story gem offers an updated transitionally modern design with a split floor plan, high ceilings, abundant natural light, tile floors, gas fireplace and on-trend finishes throughout. The updated kitchen is fully equipped with granite counter tops, stainless steel GE Monogram appliances, a prep island & gas range for all your home cooking needs. A walk-in pantry with custom shelving & cabinet storage space, a large wet bar area w/glass shelving & custom lighting, a dual-zone wine fridge & dedicated ice fridge make for easy entertaining. The owner's suite features a spa-like ensuite bath, free-standing tub, tile & glass walk-in shower, separated double vanity & a large walk-in closet with built-ins. The Zen like media space with its custom shelving & lighting, hidden monitor cabinet & double door hide-away desk is the perfect space for a work-from-home office, a podcast studio, maybe simply relaxing with your favorite music or a good book. The North/South oriented lot backs to NAOS(natural area open space) for added privacy & ample distance between neighbors. An extended covered travertine stone patio that is directly accessible from the kitchen, family room & primary bedroom via large sliding glass doors, makes the indoor-outdoor Arizona lifestyle a true pleasure everyday living in this home. The oversized backyard is low maintenance thanks to the fully covered stone paver design, that includes a the built-in BBQ with its sit at bar, additional outdoor dining & conversation areas, freestanding spa/hot-tub, fire-pit table, soothing sounds from a water feature & the pre-wired low voltage cafe & landscape lighting, all make for awesome Arizona outdoor living & entertaining. A new pool/spa design build has been prepared & presented here for those that desire & might be considering adding those private amenities to the property. The home's highly desired Scottsdale location provides direct access to some of North Scottsdale's best & many resident's favorite outdoor hiking, biking, golfing, boating/fishing activities(Pinnacle Peak, Brown's Ranch, Troon North GC, Bartlett Lake, Tom's Thumb). The "2.5" car garage with large storage cabinets & a work bench area provides more than enough room for all the cars, motorcycles & the outdoor toys/equipment. The Pinnacle Views community amenities include both tennis & pickleball courts, picnic ramada & large grass playing area for the family & family pets. With all the "big ticket" items(new roof, ACs, H2O Heater, kitchen, primary & guest bath remodels)already completed on this one, you will not find a better updated, move-in ready, SFD home in the Troon North area at this price.
Source: ARMLS #6778454
Interest rate and monthly payment estimated based on public records.
Source: ARMLS #6778454
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
MLS ID: #6778454
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