Laura Jewett

Laura Jewett

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Closed

$850,000

($1,040,350 down)
FHA

11720 E State Highway 86, Franktown, CO 80116

5
3
3,248 sqft
PITI Monthly
$2,079.72 /mo

Listing courtesy of: Trinette Miller, Lifetime Properties

Assumed Rate

3.16%
7.15%

Principal & Interest

$1,350 /mo
$2,004 /mo

What's Special

LOCATION
DECK

Bring Offers- Location Location Location. This house is nestled off of Bill Davis road in the trees. Brick home offers 5 bedrooms and 3 bathrooms. Waiting for your custom touch. Enjoy a quiet setting off of the back deck where it is waiting for your kids and dogs to play. The Outbuilding is heated along with concrete floors, 220 power and a switch to get 3 phase power. A car enthusiast, or someone who welds, or works on campers will enjoy the tall/wide overhead doors that allow an RV in out of the weather. It is the ultimate "MAN CAVE". This home is a great opportunity to live so close to Franktown, Castle Rock, Parker and Elizabeth. Plan to take time to hike the property. The seclusion and the peace in these trees is unmatched. No highway noise, just a few squirrels, rabbits and the occessional wild turkey. Homes don't come available in this area very often. Don't miss the opportunity to make this home shine with your touches. The door on this shop is 16 feet wide with plenty of clearance for a motorhome or camper. Home is in an estate being sold as is. New roof and gutters in 2023.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.16
Remaining Loan Term
16 years, 0 months
Monthly PITI
$2,079.72/mo
Estimated Loan Balance
$292,111
Cash to close
$1,040,350
Interest Paid
$69,285

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: None
  • Heating: Baseboard, Hot Water
Features
  • Materials: Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Basement, Family Room, Living Room
  • Flooring: Carpet, Wood

Exterior

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

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Traditional
Materials
  • Brick
  • Roof: Composition
Condition
  • Year Built: 1976
Details
  • Builder:

Community & HOA

Community
  • Subdivision: rural
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Franktown

Financial Details

  • Price per Sqft: $261.7
  • Tax Annual Amount: $3782
  • On Market Date: 2024-07-04T00:00:00.000Z
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 $1,040,350 (122%)
You can enter any amount below - secondary financing will cover the difference if needed.
122%
$

You cover the entire equity of $1,040,350!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
-$190,350
Your Cash:$1,040,350
Total Purchase Price:$850,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,350/mo
Traditional @ 7.5%
$2,071/mo
You save $721/month ($8,650/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7151302

Listing From: recolorado

Last updated: 2024-10-01T18:09:32.000Z

© , 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

3.16%
7.15%

Principal & Interest

$1,350 /mo
$2,004 /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 $1,040,350 (122%)
You can enter any amount below - secondary financing will cover the difference if needed.
122%
$

You cover the entire equity of $1,040,350!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
-$190,350
Your Cash:$1,040,350
Total Purchase Price:$850,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,350/mo
Traditional @ 7.5%
$2,071/mo
You save $721/month ($8,650/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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