Andrew Kallien

Andrew Kallien

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$1,350,000

($813,349 down)
VA

8675 S COLLEGE Lane, Tempe, AZ 85284

4
4
3,386 sqft
PITI Monthly
$3,345.33 /mo

Listing courtesy of: Soroosh Ghafaripanah, AZ Dream Homes

Assumed Rate

2.83%
7.15%

Principal & Interest

$2,453 /mo
$4,017 /mo

What's Special

FRESH PAINT
ENTERTAINMENT
DINING
FIREPLACE
WALK-IN CLOSET
THEATER ROOM
PATIO
CUL-DE-SAC

We are excited to present a beautifully and well-maintained updated 3,386 sq. ft. Southwest-style home in the desirable College Lane Estates of South Tempe. This four-bedroom home is located on a tree-lined cul-de-sac with a private gated entrance, conveniently close to top-rated schools and freeways. Inside, newer Italian travertine tile and fresh paint create a bright, open floor plan with access to five outdoor patios. The large master bedroom features built-in cabinets, a full bath with two walk-in closets, a jacuzzi tub, and a separate walk-in shower. Upstairs, two bedrooms with walk-in closets share a full bath and a private outdoor patio perfect for relaxing with views of the quiet, tree-lined street. The upper level also includes a versatile space ideal for an open office or a family play area. Another back patio on this level overlooks the pool and a separate cantina with bar features and seating, perfect for outdoor living. The downstairs family room includes space for a large-screen TV and an electric fireplace, with access to another private patio and the magnificent backyard. There is a dedicated theater room with all video equipment, a screen, and theater seating for entertainment. The fourth bedroom, complete with its own full bath and a separate entrance, offers flexibility as a private office with garage access, an in-law suite, or a more private bedroom. Outdoor living and entertainment are key features, highlighted by a private, tree-lined backyard with a pool, beautiful landscaping, and outdoor lighting. A separate cantina and a large covered outdoor dining table enhance the space. This expansive outdoor area is perfect for entertaining and provides ample play space. The attached three-car garages are easily accessible through an electric gate at the front of the home, and a sizable 25-ft slide gate at the back leads to an RV full-hookup (power, water, and sewer) and plenty of parking for vehicles, RVs, and boats.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.83
Remaining Loan Term
25 years, 8 months
Monthly PITI
$3,345.33/mo
Estimated Loan Balance
$542,547
Cash to close
$813,349
Interest Paid
$69,512

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Electric
Features
  • Materials: Stucco, Wood Frame
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 2 Fireplace, Exterior Fireplace, Family Room
  • Flooring: Stone

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Foam
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: Yes
  • Carport Spaces: 3
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: Yes
  • Pool Features: Private

Construction

Type & Style
  • Stories: 3
  • Home type: Single Family Residence
  • Architectural Style: Territorial/Santa Fe
Materials
  • Stucco, Wood Frame
  • Roof: Foam
Condition
  • Year Built: 1988
Details
  • Builder: Custom

Community & HOA

Community
  • Subdivision: COLLEGE LANE
  • Features: Gated
HOA
  • Has HOA: Yes
  • HOA Name: College Lane HOA
  • HOA Amenities: Unknown
  • HOA Fee: $1250
  • HOA Frequency: $Semi-Annually
Location
  • Region: Tempe

Financial Details

  • Price per Sqft: $398.7
  • Tax Annual Amount: $7107
  • On Market Date: 2025-05-01T22:30:07.000Z
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 $813,349 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $813,349!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$536,651
Your Cash:$813,349
Total Purchase Price:$1,350,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$2,453/mo
Traditional @ 7.15%
$4,166/mo
You save $1,713/month ($20,560/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6860040

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-05-02T20:20:00.000Z

© , 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

2.83%
7.15%

Principal & Interest

$2,453 /mo
$4,017 /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 $813,349 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $813,349!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$536,651
Your Cash:$813,349
Total Purchase Price:$1,350,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$2,453/mo
Traditional @ 7.15%
$4,166/mo
You save $1,713/month ($20,560/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UME Realty Group
Agent/Broker
Andrew KallienUME Realty Group(503) 705-9350andrew@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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