Michael Graham

Michael Graham

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$420,000

($192,562 down)
VA

101 W 8th Place, Mesa, AZ 85201

3
2
1,228 sqft
PITI Monthly
$1,679.37 /mo

Listing courtesy of: Katie Lambert, eXp Realty

Assumed Rate

6.34%
7.15%

Principal & Interest

$1,447 /mo
$1,572 /mo

What's Special

REMODELED
ENTERTAINMENT
DINING
MOVE-IN READY
MODERN
WALK-IN CLOSET
MASTER SUITE
PATIO
LANDSCAPED
HISTORIC
CHARMING

Welcome to this beautifully remodeled 3-bedroom, 2-bathroom home located in the heart of the Flying Acres Historic District in Downtown Mesa. Built in 1950, this single-story ranch-style home perfectly blends classic charm with modern updates, making it a standout property in this sought-after neighborhood. Situated on a large, private, gated corner lot, this property greets you with a cute, vintage covered front porch and a charming brick front walkway, surrounded by tall, mature shade trees. Inside, you'll find real wood floors, light and bright living spaces, and a beautifully updated kitchen featuring stunning quartz countertops, gorgeous cabinets with stainless pulls, a deep double basin stainless sink, a gourmet hood fan, and a pot filler for added convenience. The master suite is a true retreat, offering a double french door exit to the back patio, a walk-in closet, and a gorgeous walk-in shower with decorative glass blocks and tile surround. The master vanity adds plenty of character with a square sink and granite countertop, while the guest bathroom features an adorable pedestal sink. Outdoor living is a dream with not one but two covered patios,one on the side and one in the back of the home. The backyard is beautifully landscaped with decorative brick pavers, an abundance of brilliant, full flowering bushes, and plenty of outdoor storage. There are also two exterior sheds that could easily be converted into a she shed, office, or man cave. For parking and storage, the property features a huge double carport and gated parking with an RV gate. The electric vehicle charging station is an added bonus. Additional highlights include updated multi-pane windows, interior laundry, and an RV gate. The home is located within walking distance to spring training games for the Oakland A's, light rail stops, bus lines, and Downtown Mesa's vibrant dining and entertainment scene. This home is move-in ready and perfect for those looking to enjoy the charm of a historic neighborhood while benefiting from modern amenities.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.34
Remaining Loan Term
28 years, 1 months
Monthly PITI
$1,679.37/mo
Estimated Loan Balance
$227,682
Cash to close
$192,562
Interest Paid
$27,980

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
Features
  • Materials: Stucco, Painted, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Tile, Wood

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family Residence
  • Architectural Style: Ranch
Materials
  • Stucco, Painted, Block
  • Roof: Composition
Condition
  • Year Built: 1950
Details
  • Builder: unknown

Community & HOA

Community
  • Subdivision: Flying Acres
  • Features: Near Light Rail Stop, Near Bus Stop, Historic District
HOA
  • Has HOA: No
Location
  • Region: Mesa

Financial Details

  • Price per Sqft: $342.02
  • Tax Annual Amount: $993
  • On Market Date: 2025-05-02T00:00:00.000Z
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 $192,562 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $192,562!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$227,438
Your Cash$192,562
Total Purchase Price:$420,000

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$1,447/mo
Traditional @ 7.15%
$1,630/mo
You save $184/month ($2,206/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6858703

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-05-02T19:40:00.000Z

© , 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

6.34%
7.15%

Principal & Interest

$1,447 /mo
$1,572 /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 $192,562 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $192,562!

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

Loan Breakdown

Assumed Mortgage6.34% Sellers Rate
$227,438
Your Cash$192,562
Total Purchase Price:$420,000

Assumed vs Traditional Mortgage

Assumed @ 6.34%
$1,447/mo
Traditional @ 7.15%
$1,630/mo
You save $184/month ($2,206/year)

*Secondary financing rates are an estimated value based on input

Follow Us
exp realty
Agent/Broker
Michael Grahamexp realty(480) 628-9392michael@grahamgroupaz.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 exp 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.

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