Laura Jewett

Laura Jewett

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Closed

$280,000

($204,590 down)
FHA

111 N Walnut Street, Woodland Park, CO 80863

3
1
856 sqft
PITI Monthly
$810.86 /mo

Listing courtesy of: Michelle Enciso, Pikes Peak Dream Homes Realty

Assumed Rate

3.5%
7.15%

Principal & Interest

$474 /mo
$713 /mo

What's Special

LOCATION
SHOPPING
SPACIOUS
FIREPLACE
HOME OFFICE
DECK
COZY
AFFORDABLE

This 3-bedroom, 1-bathroom home is nestled on a spacious .29-acre corner lot, just one block from Highway 24 and all the shopping and amenities Woodland Park has to offer. With a welcoming large entry deck, this home offers fantastic potential for the right buyer, whether you’re an investor or someone ready to put in some "sweat equity." Step inside and be greeted by the warm, rustic charm of wood-paneled walls that lend a cozy, inviting atmosphere throughout the home. The spacious living room is perfect for relaxing or entertaining, offering plenty of room for gatherings with family and friends. The kitchen, also generously sized, provides ample space for meal prep, making it ideal for hosting. Both spaces are ready to be updated and personalized to your taste. The home’s layout includes two bedrooms and a third room that could serve as a flex room, home office, or additional bedroom—ideal for those who need extra space. While the property requires some updates, including new carpet, a new roof, and furnace replacement, it offers a wealth of opportunity for the right buyer to create their dream home. The fireplace and wood-burning stove will also need repairs to bring them back to working order. Outside, the large backyard backs up to open space and provides ample room for outdoor activities, gardening, or simply enjoying the fresh air with stunning views of Pikes Peak. Two large storage sheds on the property offer additional space for tools, equipment, or extra storage. Property is being sold "As Is." This is a rare opportunity to own a home in a prime location at an affordable price. Whether you're an investor looking for a fixer-upper or a homeowner willing to invest in updates, this property has endless potential. Don’t miss your chance to unlock its full value and make it your own!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.5
Remaining Loan Term
17 years, 7 months
Monthly PITI
$810.86/mo
Estimated Loan Balance
$77,417
Cash to close
$204,590
Interest Paid
$39,697

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Unknown
  • Heating: Unknown
Features
  • Materials: Log
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Wood Burning, Wood Burning Stove
  • Flooring: Carpet

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Log
  • Roof: Composition
Condition
  • Year Built: 1947
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Woodland Park
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Woodland Park

Financial Details

  • Price per Sqft: $327.1
  • Tax Annual Amount: $1342
  • On Market Date: 2025-01-06T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $204,590 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $204,590!

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

Loan Breakdown

Assumed Mortgage3.5% Sellers Rate
$75,410
Your Cash:$204,590
Total Purchase Price:$280,000

Assumed vs Traditional Mortgage

Assumed @ 3.5%
$474/mo
Traditional @ 7.5%
$740/mo
You save $266/month ($3,188/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC6475978

Listing From: recolorado

Last updated: 2025-03-06T21:29:19.000Z

© , 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

3.5%
7.15%

Principal & Interest

$474 /mo
$713 /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 $204,590 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $204,590!

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

Loan Breakdown

Assumed Mortgage3.5% Sellers Rate
$75,410
Your Cash:$204,590
Total Purchase Price:$280,000

Assumed vs Traditional Mortgage

Assumed @ 3.5%
$474/mo
Traditional @ 7.5%
$740/mo
You save $266/month ($3,188/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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