11813 W Marguerite Ave, Avondale, AZ 85323
5 beds · 4 baths · 3,158 sqft sqft
Welcome to your dream home in Alamar surrounded by gorgeous mountain views! This stunning David Weekley residence boasts over $120k of interior upgrades, with an additional $155k invested in the front and backyard, creating a truly luxurious oasis. Step inside to discover an inviting open floor plan, adorned with tile flooring throughout- not an inch of carpet to be found. Vaulted ceilings create an airy atmosphere, complemented by plantation shutters throughout and ample windows for natural light. The heart of this home is the gourmet kitchen, featuring an oversized quartz island, wine fridge, hood, built in wall oven and microwave and gas cooktop. With 4 bedrooms a 5th room that can easily have a closet added for a 5th bedroom and an additional retreat/teen area, this split floor plan home offers versatility and potential for multi-generational living. Outside, indulge in your own backyard paradise, complete with an expansive pool featuring a large relaxing baja step, water feature, gas fire bowls, an in-floor cleaning system, and customizable lighting. Unwind in the spa under the stars, surrounded by lush flowered greenery, and artificial turf, evoking a private resort ambiance. Entertain in style on the extended travertine patio, equipped with a built-in gas BBQ and gas fire pit with seating area. The 2 car garage features additional insulation and ample overhead storage. Extended pavers offer 4 car driveway parking as well as an 8 foot side gate for your toys. This home is centrally located to the west valley and only minutes from the Loop 202 and I-10. Here you'll have a small town feel in your backyard, while being only 5 minutes from Phoenix Raceway, a short drive from Goodyear Ballpark and the Estrella Mountains for all your entertainment needs. The highly rated Laken Prep Academy is nestled right in the neighborhood for easy access to school as well. Additional upgrades to note: whole home water filtration and reverse osmosis, whole home built in security system, sunscreens at the back of the home, stone wall at the backyard to be used as a planter/garden.
Source: ARMLS #6746842
Interest rate and monthly payment estimated based on public records.
Source: ARMLS #6746842
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #6746842