Cheryl Riley

Cheryl Riley

Property SearchContact
primary-1
primary-2primary-3
Active

$560,000

($278,833 down)
VA

8754 W KAREN LEE Lane, Peoria, AZ 85382

4
3
2,647 sqft
PITI Monthly
$1,607.78 /mo

Listing courtesy of: Katie Eaton, Real Broker

Assumed Rate

2.77%
7.15%

Principal & Interest

$1,274 /mo
$2,102 /mo

What's Special

REMODELED
LOCATION
FRESH PAINT
ENTERTAINMENT
DINING
SPACIOUS
MODERN
HOME OFFICE
EFFICIENT

Step into comfort, style, and convenience in the heart of Peoria. This beautifully updated home is filled with natural light and thoughtful upgrades throughout. The remodeled kitchen showcases elegant quartz countertops and freshly redone cabinetry. You'll also find newer carpet, fresh paint, and an updated stairway bannister that adds a modern touch to the interior. With a desirable north/south exposure & newly installed energy-efficient windows, the home stays comfortable year-round; cooler in the summer, warmer in the winter, and more cost-effective when it comes to energy bills. Plus, the updated windows add to the home's overall curb appeal. The spacious floor plan features a great room, formal dining area, and a versatile flex room that's perfect for a home office, playroom, or workout space. All bedrooms are located upstairs, offering generous space and privacy. Step outside to a backyard with no rear neighbors, offering peace, quiet, and breathtaking sunset views. The space is low maintenance and serves as a blank slate, ready for you to design your ideal outdoor living area. A mature orange tree adds a touch of charm. Set on a quiet street within walking distance to Desert Harbor and Rio Vista Park, this home is also just minutes from Spring Training venues, the P83 Entertainment District, Arrowhead Mall, and popular restaurants like Postino, Blanco, and North Italia. With quick access to Loop 101 and all the convenience of Bell Road, this location truly has it all.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.77
Remaining Loan Term
25 years, 10 months
Monthly PITI
$1,607.78/mo
Estimated Loan Balance
$283,651
Cash to close
$278,833
Interest Paid
$34,286

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
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, Wood

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces: 3
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family Residence
  • Architectural Style:
Materials
  • Stucco, Wood Frame, Painted
  • Roof: Tile
Condition
  • Year Built: 1994
Details
  • Builder: CONTINENTAL HOMES

Community & HOA

Community
  • Subdivision: CALBRISA
  • Features: Biking/Walking Path
HOA
  • Has HOA: No
Location
  • Region: Peoria

Financial Details

  • Price per Sqft: $211.56
  • Tax Annual Amount: $2009
  • On Market Date: 2025-04-24T20:50:12.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $278,833 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $278,833!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$281,167
Your Cash$278,833
Total Purchase Price:$560,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,274/mo
Traditional @ 7.15%
$2,180/mo
You save $906/month ($10,877/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6856559

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-28T07:50:00.000Z

© , 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

2.77%
7.15%

Principal & Interest

$1,274 /mo
$2,102 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $278,833 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $278,833!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$281,167
Your Cash$278,833
Total Purchase Price:$560,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,274/mo
Traditional @ 7.15%
$2,180/mo
You save $906/month ($10,877/year)

*Secondary financing rates are an estimated value based on input

Follow Us
American Allstar Realty
Agent/Broker
Cheryl RileyAmerican Allstar Realty(602) 353-7375cheryl.m.riley@gmail.comMLS BR655878000

© 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 American Allstar 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.

equal-housing

American Allstar Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.