1 of 34
$299,900

2213 N Recker Rd, Mesa, AZ 85215

2 beds · 1 baths · sqft sqft

Nestled within the prestigious Painted Mountain Golf Course community, this newly listed townhouse at 2213 N Recker Rd, Mesa, AZ 85215, presents an unparalleled opportunity for discerning buyers seeking a harmonious blend of luxury, convenience, and outdoor recreation. This meticulously updated 832 sqft residence boasts two generously proportioned bedrooms and one thoughtfully appointed bathroom, offering an ideal sanctuary for those desiring an intimate yet sophisticated living space. Recently subjected to a comprehensive renovation, this turnkey property exemplifies low-maintenance living at its finest. The exterior greets residents and guests alike with a stunning desert-inspired landscape, complemented by an expansive pavered entry and a spacious rear patio that provides a captivating vantage point overlooking the verdant fairways of the golf course. Upon crossing the threshold, one is immediately struck by the seamless integration of style and functionality. The interior showcases sleek tile flooring throughout, lending an air of contemporary elegance while ensuring effortless maintenance. The kitchen, a culinary enthusiast's dream on a budget, features gleaming quartz countertops, crisp white shaker-style cabinetry, and a full suite of premium stainless steel appliances, all of which are included in this exceptional offering. Storage solutions abound, with custom built-ins thoughtfully incorporated throughout the residence. Both bedrooms, generous in their proportions, are adorned with closets featuring organizational systems, ensuring that every item has its rightful place. The property's commitment to modern living is further exemplified by the integration of smart home lighting technology, allowing for effortless ambiance control at one's fingertips. Outside, a dedicated storage closet with custom shelving provides additional space for outdoor accouterments, while a state-of-the-art Bosch tankless water heater and an APEC whole-home water filtration system ensure optimal efficiency and purity. The laundry closet, a testament to the property's attention to detail, boasts additional built-in shelving, motion-activated lighting, and includes a premium Electrolux front-loading washer and dryer set. Situated in a coveted location, this townhouse affords easy access to an array of amenities. Within close proximity, one finds the Desert Trails Bike Park, offering outdoor enthusiasts ample opportunities for recreation. For those seeking refreshment, the Goldwater Brewing Co. Longbow Tap Room is just moments away. Convenient shopping options abound, with both Target Grocery and Sprouts Farmers Market within easy reach. This exceptional property, priced to captivate, represents a rare opportunity to acquire a thoroughly updated residence in one of Mesa's most sought-after enclaves. We invite you to experience the pinnacle of refined living at 2213 N Recker Rd.

Interest rate 3
4.62%
With Roam
7%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$660
With Roam
$822
Reduce your monthly payments by $161 when you assume this mortgage.
You also save $45,710 in total interest paid.

$186,093
Edit

You may be able to put down less than the total down payment amount of $186,093 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

Open House
Dec 6 • 2PM - 5PM
Location
Details
Home
Lot size
0.07 acres
Year built
1971
Type
Townhouse

Source: ARMLS #6778413

Loan
Remaining term
23 years, 7 months
Rate
4.62%
Monthly P&I
$660
Remaining loan balance
$113,806

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

expand content

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?

expand content

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?

expand content

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?

expand content

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?

expand content

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.

View all FAQs
Last updated: Nov 19, 2024 03:53 pm
Listing agent: Heather Justice (480) 225-9643
Listing provided courtesy of: West USA Realty (602) 942-4200
Details provided by ARMLS and may not match the public record.
MLS ID: #6778413
Copyright © 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$660/mo
View details