Laura Jewett

Laura Jewett

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Closed

$630,000

($249,953 down)
FHA

1028 Little Baldy Drive, Fairplay, CO 80440

3
2
1,968 sqft
PITI Monthly
$2,409.18 /mo

Listing courtesy of: Tiffany & Christy Team, RE/MAX ALLIANCE

Assumed Rate

2.74%
7.15%

Principal & Interest

$1,757 /mo
$2,911 /mo

What's Special

MODERN
HOME OFFICE
CHARMING
COZY
EFFICIENT
MOTIVATED SELLER

Motivated Seller! They love this home, but have to move due to a job transfer. Even better... assumable 2.99% FHA loan. Welcome to Silverheels Ranch, where tranquility meets modern convenience! Nestled on nearly 7 acres of picturesque, aspen-dappled terrain, this charming home offers a perfect blend of privacy, serenity and functionality. Step inside to discover a meticulously maintained interior boasting ample living space spread across three bedrooms and two versatile living areas. The large third bedroom presents endless possibilities—it could serve as a cozy recreation space, a sunlit studio, or a productive home office, tailored to suit your lifestyle. Silverheels Ranch isn't just a neighborhood—it's a lifestyle! Spend the day on the slopes with only a 45 minute drive to Breckenridge. Enjoy access to the nearby National Forest, inviting you to explore miles of scenic trails and immerse yourself in nature's embrace. Plus, fishing enthusiasts will delight in the convenience of private stocked trout ponds, offering endless opportunities for relaxation and recreation. If you dream of owning a horse, the HOA water rights allow for that too. But the perks don't stop there this property boasts the best connectivity in Park County with lightning-fast 100mbps fiber optic internet, and an option to upgrade to 200mbps for even smoother browsing and streaming experiences. With the convenience of natural gas, you'll enjoy efficient and reliable energy for years to come. The new James Hardie cement siding, triple pane windows, and exterior doors make this home ready to move in! Don't miss out on the chance to call this home sweet home.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.74
Remaining Loan Term
25 years, 11 months
Monthly PITI
$2,409.18/mo
Estimated Loan Balance
$401,232
Cash to close
$249,953
Interest Paid
$46,075

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Natural Gas, Wall Furnace
Features
  • Materials: Cement Siding, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Free Standing, Living Room, Wood Burning Stove
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Mountain Contemporary
Materials
  • Cement Siding, Frame
  • Roof: Composition
Condition
  • Year Built: 1987
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Silverheels Ranch
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Silverheels Ranch Owners Association
  • HOA Amenities: Unknown
  • HOA Fee: $80
  • HOA Frequency: $Annually
Location
  • Region: Fairplay

Financial Details

  • Price per Sqft: $320.12
  • Tax Annual Amount: $2157
  • On Market Date: 2024-04-24T00:00:00.000Z
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 $249,953 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $249,953!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$380,047
Your Cash$249,953
Total Purchase Price:$630,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,757/mo
Traditional @ 7.5%
$3,020/mo
You save $1,262/month ($15,149/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7642341

Listing From: recolorado

Last updated: 2024-10-01T18:02:39.000Z

© , recolorado. 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

2.74%
7.15%

Principal & Interest

$1,757 /mo
$2,911 /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 $249,953 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $249,953!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$380,047
Your Cash$249,953
Total Purchase Price:$630,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,757/mo
Traditional @ 7.5%
$3,020/mo
You save $1,262/month ($15,149/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© 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 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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