27828 N 143rd St, Scottsdale, AZ 85262

Discover the epitome of luxury and privacy in this stunning custom-built home located in the prestigious Rio Verde Foothills. Nestled on nearly 2 acres, this fully furnished, move-in-ready estate offers an unparalleled living experience with its exquisite design and high-end amenities. Spanning 6,200 square feet across two levels, this expansive residence features 5 bedrooms, 7 bathrooms, an oversized 3-car garage, a heated pool and spa, a dedicated media room, a fully equipped gym, and much more. The open floor plan seamlessly connects the living spaces, beginning with a gourmet kitchen that boasts natural Alder wood cabinetry, a 6-burner gas cooktop, double wall ovens, a warming oven, dual sinks, a raised counter island with additional seating, and a charming breakfast nook overlooking the luxurious backyard. The ground floor primary suite is a sanctuary of comfort, complete with a cozy sitting area by the fireplace, a television, direct access to the backyard, and an opulent ensuite bathroom featuring a jetted bathtub, steam shower, dual vanities, and abundant natural light. The adjoining walk-in closet is generously sized to accommodate all your wardrobe needs. For entertainment enthusiasts, the home includes a custom theater room with a 7-foot screen, a state-of-the-art sound system, and seating for up to 8 guests. The main level also offers a formal living room with a striking floor-to-ceiling stone fireplace, a formal dining room with seating for 8, an additional bedroom that opens to a private patio with chimineas and a grill, and a spacious workout room equipped with full weights and workout stations. The upper level hosts 3 additional bedrooms, each with its own walk-in closet and ensuite bathroom. A versatile flex room on this floor features a fireplace, a dedicated bar area, a television, and access to a patio that offers breathtaking views of the desert landscape, including the Four Peaks Mountain range. The backyard is a true oasis, showcasing a newly constructed $200,000 heated swimming pool and spa, surrounded by elegant travertine tile. Additionally, the property features a full-size sport court and a raised bed garden area. The adjoining parcel further expands the lot, providing ample space for outdoor activities. A highlight of this home is the impressive solar system, which powers the entire property, ensuring low energy bills even during the peak summer months. The system includes battery storage capable of powering the home for nearly a week in the event of a blackout, offering complete peace of mind. Home is also close to Four Seasons Troon, Troon North Golf Club, Scottsdale National Golf Club, Swan Sushi, Needle Rock Kitchen & Bar as well as miles of hiking, biking, and equestrian trails

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

• Buyers
• Agents
• Sellers

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.

Last updated: Nov 21, 2024 12:39 pm

Listing agent: Darren H Tackett (602) 622-1226

Listing provided courtesy of: eXp Realty (888) 897-7821

Details provided by ARMLS and may not match the public record.
MLS ID: #6743354

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.

Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.