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Paul Jensen

Paul Jensen

Property6.75% Assumable
1 / 36

$525,000

($490,608 down)
FHA

5315 S RIVER Drive, Tempe, AZ 85283

3
2
1,647 sqft
PITI Monthly
$926.13 /mo

Assumed Rate

6.75%
7.15%

Principal & Interest

$497 /mo
$517 /mo
$93,476 in interest paid off

Listing courtesy of: Randy Courtney, Weichert, Realtors - Courtney Valleywide

What's Special

LOCATIONSHOPPINGMOVE-IN READYMODERNLUXURYMASTER SUITEPATIONO HOA

Get ready to fall in love with this beautifully updated 3-bedroom, 2-bathroom home in the heart of Tempe, where style, convenience, and flexibility all come together—with NO HOA! Freshly painted inside and out, this home features gorgeous luxury plank vinyl flooring throughout, blending durability with modern design. The master suite offers a peaceful retreat with a fully updated luxury bathroom, showcasing a stunning marble walk-in shower. The guest bathroom has also been updated in, bringing cohesive modern finishes throughout. The updated kitchen is a chef's dream, featuring soft-close cabinets with pull-out sliders and plenty of prep space for everyday meals or entertaining. Kitchen, both baths flooring and upgrades were done in 2025!....And there is more.... Step outside to a huge backyard, your personal blank canvas to build the outdoor escape you've always wanted, complete with an extended patio, low-maintenance landscaping, and ample room for a garden, pool, or lounge area. This property backs to an alley, adding extra privacy and convenience, and includes side parking with an RV gate, ideal for storing trailers, boats, or additional vehicles. Recent upgrades include a new roof (2025), new hot water heater, new sewer line, and fully updated kitchen and bathrooms, offering peace of mind and long-term value. Located just minutes from the US-60, Loop 101, shopping centers, restaurants, and everything that makes Tempe an exciting place to live. This home truly has it all. Don't miss your chance to own this move-in ready home in a prime location.

Gradient Jack

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.75
Remaining Loan Term
7 years, 1 months
Monthly PITI
$926.13/mo
Estimated Loan Balance
$35,588
Cash to close
$490,608
Interest Paid
$93,476

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms3
  • Bathrooms2
Cooling & Heating
  • CoolingCentral Air, Ceiling Fan(s)
  • HeatingElectric
Interior Features
  • MaterialsBrick Veneer, Painted, Brick, Slump Block
  • CommunityUnknown
  • FireplaceNo
  • Fireplace FeaturesNone
  • FlooringVinyl

Exterior

Fencing
  • FencingBlock
Roof
  • RoofComposition
Parking
  • GarageNo
  • Garage Spaces2
  • CarportNo
  • Carport Spaces2
Water
  • SewerPublic Sewer
  • Water SourceCity Water
Pool
  • Has PoolNo
  • Pool FeaturesNone

Construction

Type & Style
  • Stories1
  • Home TypeSingle Family Residence
  • Architectural StyleRanch
Materials
  • Construction MaterialsBrick Veneer, Painted, Brick, Slump Block
  • RoofComposition
Condition
  • Year Built1976
Details
  • BuilderKnoell

Community & HOA

Community
  • SubdivisionKNOELL TEMPE UNIT 7
  • FeaturesBiking/Walking Path
HOA
  • Has HOANo
Location
  • RegionTempe

Financial Details

Financial Info
  • Price per Sqft$318.76
  • Tax Annual Amount$2,504
  • On Market Date2025-04-16T06:40:18.000Z
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MLS ID: 6852082

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2025-07-08T23:00:00.000Z

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