945 W Elm St, Litchfield Park, AZ 85340
5 beds · 5 baths · 4,285 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to Your Dream Basement Home with a detached guest casita. Step into this meticulously maintained BASEMENT home located in the heart of charming Litchfield Park. With too many upgrades to list, this is truly a must-see property, offering a perfect blend of elegance, comfort, and thoughtful design for the ultimate lifestyle experience. Features & Upgrades You'll Love: Gourmet Kitchen: - Pot faucet for the gourmet - Custom-built pantry for seamless organization - Beautiful backsplash and under-cabinet lighting - Brand-new refrigerator and dishwasher Luxurious Master Retreat: - Updated master bath with new tile, sinks, and a luxurious steam shower - California Closets-designed master closet, maximizing storage -Black out shades for quality sleep Entertainer's Dream: - Custom entertainment center and a wall of cabinets with under-cabinet lighting in the family room - Basement with a custom-built entertainment center - the ultimate space for hosting or relaxing Thoughtful Design Throughout: - Beautiful wood and wrought iron staircase - Upstairs features 3 spacious bedrooms with custom closets, two with built-in bookshelves - Added loft above the dining area - perfect for an office, library, or exercise room -Wood shutters throughout -App controlled alarm, thermostats, cameras, garage doors, and doors Garage and Outdoor Upgrades: - Epoxy flooring and built-in storage cabinets in the garage - Backyard Oasis: - Recently added saltwater pool with gas heater, app-controlled lights, and a fountain - Gas firepit overlooking a lush greenbelt - perfect for sunsets and stargazing - Remodeled casita with new tile, paint, updated bathroom, mini-split system, and built-in Murphy bed -Gutters -Exteroir paint completed September 2024. This home was designed for living the "good life", with spaces to entertain, relax, and create memories. Located in a quiet neighborhood close to top-rated schools, parks, shopping, and dining, it's everything you've been looking for. Act Now! Homes like this don't come around often. Schedule your private tour today and make 945 W Elm Street your own! Call now to book your showing - this gem won't last long!
Source: ARMLS #6789505
Source: ARMLS #6789505
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.