Phoenix Homes with Buy Down Subsidy New Financing

Phoenix Homes with Buy Down Subsidy New Financing

Phoenix, located in Maricopa County, Arizona, is a vibrant city known for its warm climate, stunning natural beauty, and thriving real estate market. With its diverse population, rich cultural heritage, and booming economy, Phoenix has become a sought-after destination for homebuyers.

One of the enticing features of the Phoenix real estate market is the availability of homes with Buy Down Subsidy New Financing. This financing option allows buyers to secure a mortgage with a lower interest rate, resulting in reduced monthly payments. This is particularly beneficial for first-time homebuyers or those looking to save on their housing expenses.

The Buy Down Subsidy New Financing program is designed to make homeownership more affordable and accessible. By offering a subsidy to lower the interest rate, buyers can enjoy the benefits of homeownership while keeping their monthly expenses manageable. This program is especially attractive for individuals and families looking to settle down in Phoenix and take advantage of the city's amenities and opportunities.

Whether you're looking for a cozy suburban home, a luxurious downtown loft, or a spacious family residence, Phoenix has a wide range of options to suit every lifestyle and budget. From modern condos with stunning city views to charming single-family homes nestled in quiet neighborhoods, the Phoenix real estate market has something for everyone.

With its affordable housing options, favorable financing programs, and thriving economy, Phoenix is a city that offers both a high quality of life and excellent investment opportunities. Whether you're a first-time buyer or an experienced investor, Phoenix is a city worth considering for your next real estate venture.

Newest Phoenix Homes with Buy Down Subsidy New Financing

$850,000
3 Beds 2 Baths 6701092 MLS 2,041 SqFt.
Prepare to be blown away by this rare opportunity! Whether you are a house hacker, investor, or multi generational household THIS is the property for you. Centrally located in Phoenix, sitting on over 1/2 an acre surrounded by mountain views, you have 3 separate units boasting a total of over 2,561sf of livable space. All units are on their own electric meters complete with full kitchens, full bathrooms and laundry, a gorgeous new pool and spa, a temperature controlled 1 car garage workshop/she-shed, 4 car garage/large shop, multiple RV gates and ample covered and uncovered parking. First, you'll be impressed with the fully updated 1,184sf main house that is both modern and functional. It offers 2 bedrooms plus a bonus room in the master, and 2 full bathrooms. It features an open floor plan with a gorgeous recently remodeled kitchen boasting rustic alder cabinets, granite countertops, a decorative backsplash, floating shelves, large island, and stainless steel appliances. The master suite contains a bonus room that can be used as a large walk-in closet, nursery and/or office. The master bath is newly renovated with a private walk in tiled shower, double sinks, and granite counters. The home also has new neutral paint, new LVP flooring throughout, new fixtures, new metal roof, newer HVAC/ductwork, new PEX plumbing, tankless water heater, 13" blown in insulation and new electrical. The backyard is your own private oasis with a new large sparkling pool featuring beautiful stacked stone water features, a large retractable pool shade, and easy cleaning with pentair pump and filtration. Indulge in the luxury of a 5-person Catalina spa and entertain guests in the sizable gazebo equipped with a built-in BBQ and professional-grade mister system. Both front and backyards are hassle-free with artificial turf and auto timers, complemented by the benefit of low electric bills courtesy of owned solar panels. **Solar to be fully paid off at COE with a full price offer. The spacious 857-square-foot guest house, thoughtfully updated, features oak cabinets, stainless steel appliances, granite countertops throughout-including the bathroom, and LVP flooring. Complete with a full kitchen, bathroom, and laundry hook-ups, plus a new electric water heater, this space brims with versatility. Here, 36" doors and shower bars offer additional accessibility. Ideal as a mother-in-law suite or a charming primary residence with the option to rent out the main house for a larger income opportunity. Enjoy a semi-private outdoor area perfect for outdoor lounging and dining. The 522-square-foot man-cave/studio exudes industrial charm, featuring a full kitchen with oak cabinets and granite counters, sleek epoxy floors, a comfortable living area, and a full bathroom with a tiled shower and laundry hook-up. This versatile space is ideal as a mother-in-law suite or a dynamic game/entertainment area with the garage door fully opening to seamlessly blend indoor and outdoor spaces. Enjoy the convenience of a brand new mini split heating and cooling system and new electric water heater. The she-shed encompasses 216sf of partially finished garage space, equipped with a window AC unit, a service door, and complete with water, sewer, and electric. Adjacent is an additional 4-car garage, independently metered from the other units for electric, presenting limitless possibilities. Remove the central wall to transform it into another 667 sf studio space, or maintain its current configuration for storage/garage units, potentially generating extra income. Alternatively, utilize the space for storing vehicles and equipment, or as a workshop. Featuring upgraded electrical systems, a new metal roof with spray foam insulation, and the readiness for additional water and sewer connections to the garage, this space is primed for diverse uses. Investors have ample opportunity to innovate on this property, as the sellers have initiated the re-zoning process for potential multi-family use. Should the buyer opt to pursue this avenue, the property holds promise for assisted living, sober living, rehabilitation, and other group home ventures. With existing water, sewer, and electric connections in place, converting garage bays and the she-shed into additional rooms or apartments is a seamless endeavor. The desirable central location of this property is conveniently located just minutes from the 51, 17 and 101 highways allowing you to be nearly anywhere quickly. Within 15 minutes you've got shopping and dining at Biltmore Fashion Park and Uptown Plaza, hiking at North Mountain, and Sky Harbor Airport when you're heading out for travel.

1102 E Brown Street, Phoenix

$1,695,000
5 Beds 4.5 Baths 6690867 MLS 5,034 SqFt.
Buyers may qualify for a 5.125% interest rate for 1st year with seller-paid buydown! PRICED BELOW APPRAISAL, March 2024 appraisal of $1,975,000! Welcome to your dreamy hillside home nestled in the center of the prestigious 24/7 guard-gated community of Coral Gables Estates, with easy access to downtown and Valley hospitals! Enjoy unparalleled sunset AND city light views from this gem! At the heart of the home is the expansive kitchen offering a Subzero refrigerator, double ovens and a walk in pantry, perfect for entertaining! The great room impresses with its soaring 20 foot ceilings, custom built-ins, wood-burning fireplace, and a sophisticated wet bar. Upstairs, you'll find the spacious primary suite with a cozy fireplace, two walk-in closets, and spa-style bathroom. Adjacent to the first, a junior primary bedroom with private ensuite offers breathtaking views from the bay window. Two additional spacious bedrooms share a full bathroom. On the main level, you'll find the fifth bedroom with bathroom and direct access to a covered patio and pool. The private office and the formal dining room offer mountain views as well. Finally, a perfectly situated sunroom offers endless additional living space with more views and access to the pool and patio. In the breathtaking and private backyard, you can dine on the covered patio, play on the lush grassy lawn, or take a dip in the Pebblesheen (2019) saltwater diving pool. The home also offers ample parking and storage throughout. New exterior paint in 2024, new roof in 2017 with 15 year warranty. More of the multiple upgrades by the current owners include hardwood stairs and a newly remodeled powder room. 3-Car extended garage with epoxy floors and loads of storage.

14215 N 14th Drive, Phoenix

Start Your Search

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.