Greg Hammond

Greg Hammond

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Closed

$624,990

($96,298 down)
FHA

1205 E TRADEWIND Drive, Gilbert, AZ 85234

4
2
1,975 sqft
PITI Monthly
$4,204.59 /mo

Listing courtesy of: Adam Prather, Russ Lyon Sotheby's International Realty

Assumed Rate

6.54%
7.15%

Principal & Interest

$3,424 /mo
$3,643 /mo

What's Special

SERENE
FIREPLACE
VAULTED CEILINGS
WALK-IN CLOSET
PATIO
WATERFRONT
LAKE VIEWS
COZY

WATERFRONT! Seize the chance to own a Gilbert gem! This stunning 4-bedroom residence welcomes you with a 3-car garage and a well-maintained double back yard. Discover an enchanting living room with vaulted ceilings, a soothing palette, half-moon clerestory windows for ample natural lighting, and durable tile flooring. Adjacent, you'll find a cozy den ideal for an office or study. The great room has an inviting fireplace for intimate evenings with loved ones. Culinary adventures await in the gorgeous kitchen, equipped with granite counters with a matching backsplash, crisp white cabinetry, SS appliances, chic pendant lighting, and an island with a breakfast bar. The luxurious primary suite boasts plush carpeting, sliding door access to the backyard, a lavish ensuite with double sinks. a jetted tub, and a walk-in closet. Enjoy enchanting moments in the backyard, featuring a covered patio, a sparkling pool for refreshing dips, and serene lake views. This gem is a true find!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.54
Remaining Loan Term
28 years, 1 months
Monthly PITI
$4,204.59/mo
Estimated Loan Balance
$529,232
Cash to close
$96,298
Interest Paid
$66,924

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
Features
  • Materials: Stucco, Wood Frame, Painted
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Living Room
  • Flooring:

Exterior

Fencing
  • Fencing: Block, Wrought Iron
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces: 3
Water
  • Sewer: Sewer in & Cnctd, Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Play Pool, Private

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style: Santa Barbara/Tuscan
Materials
  • Stucco, Wood Frame, Painted
  • Roof: Tile
Condition
  • Year Built: 1993
Details
  • Builder: Elliott Homes

Community & HOA

Community
  • Subdivision: EAST LAKE AT WIND DRIFT LOT 1-46 TR A,B
  • Features: Lake, Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: Wind Drift
  • HOA Amenities: Unknown
  • HOA Fee: $48
  • HOA Frequency: $Monthly
Location
  • Region: Gilbert

Financial Details

  • Price per Sqft: $316.45
  • Tax Annual Amount: $2785
  • On Market Date: 2025-01-29T00:00:00.000Z
Inquire about this property

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Apply to Assume

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

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Savings Calculator

Current cash to close is $96,298 (15%)
You can enter any amount below - secondary financing will cover the difference if needed.
15%
$

You cover the entire equity of $96,298!

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

Loan Breakdown

Assumed Mortgage6.54% Sellers Rate
$528,692
Your Cash$96,298
Total Purchase Price:$624,990

Assumed vs Traditional Mortgage

Assumed @ 6.54%
$3,424/mo
Traditional @ 7.15%
$3,644/mo
You save $221/month ($2,646/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6809028

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-04-17T08:07:20.000Z

© , 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

6.54%
7.15%

Principal & Interest

$3,424 /mo
$3,643 /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 $96,298 (15%)
You can enter any amount below - secondary financing will cover the difference if needed.
15%
$

You cover the entire equity of $96,298!

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

Loan Breakdown

Assumed Mortgage6.54% Sellers Rate
$528,692
Your Cash$96,298
Total Purchase Price:$624,990

Assumed vs Traditional Mortgage

Assumed @ 6.54%
$3,424/mo
Traditional @ 7.15%
$3,644/mo
You save $221/month ($2,646/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UME Realty Group
Agent/Broker
Greg HammondUME Realty Group(480) 522-9318greg@umerealtygroup.comMLS

© 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 UME Realty Group 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.

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