Laura Jewett

Laura Jewett

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Closed

$389,000

($275,663 down)
FHA

1202 Kinnikinnick Court, Longmont, CO 80504

4
2
1,680 sqft
PITI Monthly
$1,393.28 /mo

Listing courtesy of: Robert Miner, Black Timber Real Estate LLC

Assumed Rate

5.12%
7.15%

Principal & Interest

$903 /mo
$1,121 /mo

What's Special

INVESTORS

Multiple offers received. Deadline to submit all offers is 6/30 at 5:00pm. Great opportunity for investors, flippers or those looking to put in some sweat equity. This 2-Story home with 4 bedrooms and 2 baths is situated on a large corner lot with oversized, detached 2 car garage. This property is being sold as-is and priced accordingly.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.12
Remaining Loan Term
14 years, 3 months
Monthly PITI
$1,393.28/mo
Estimated Loan Balance
$161,018
Cash to close
$275,663
Interest Paid
$114,226

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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
  • Wood Frame
  • Roof: Composition
Condition
  • Year Built: 1977
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $231.55
  • Tax Annual Amount: $2668
  • On Market Date: 2024-06-27T00:00:00.000Z
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 $275,663 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $275,663!

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

Loan Breakdown

Assumed Mortgage5.12% Sellers Rate
$113,337
Your Cash:$275,663
Total Purchase Price:$389,000

Assumed vs Traditional Mortgage

Assumed @ 5.12%
$903/mo
Traditional @ 7.5%
$1,163/mo
You save $260/month ($3,116/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1013085

Listing From: recolorado

Last updated: 2024-10-01T18:09:44.000Z

© , 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

5.12%
7.15%

Principal & Interest

$903 /mo
$1,121 /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 $275,663 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $275,663!

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

Loan Breakdown

Assumed Mortgage5.12% Sellers Rate
$113,337
Your Cash:$275,663
Total Purchase Price:$389,000

Assumed vs Traditional Mortgage

Assumed @ 5.12%
$903/mo
Traditional @ 7.5%
$1,163/mo
You save $260/month ($3,116/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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