Laura Jewett

Laura Jewett

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Closed

$450,000

($135,981 down)
FHA

1211 8th Street, Greeley, CO 80631

5
3
3,000 sqft
PITI Monthly
$2,000.22 /mo

Listing courtesy of: Natalee Newsom, Realty One Group Fourpoints CO

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,438 /mo
$2,321 /mo

What's Special

DINING
HARDWOOD FLOORS
FIREPLACE
DECK
NO HOA

UNIQUE! Commercial Low Density with a Single-Family Residential Use. NO HOA. 2 separate entrances to turn this home into a duplex! This Classic 2 Story Brick original home has exquisite wood trim and beautiful stained carved art throughout! Beautiful tile and mantle shelves on the fireplace. NEWER upgraded windows. Solid hardwood floors throughout! NEW LVT floors downstairs. Formal dining room with bow windows. An All Glass Sunroom off the front of the home, perfect for morning coffee. Walk out deck off the upper bedroom! 2 FULL kitchens! Stainless appliances. HUGE detached 3-car Garage/Workshop Space! 646 Sq Ft of workshop space/garage! FULLY Wood Fenced backyard. NEW sewer line installed. Backs to alley way. Under rented at $2660.00 per month, whole house. Could split into two units, MORE cash flow options! Upper unit would be a 3 bedroom, 2 bathroom. Lower Unit would be a 2 bedroom, 1 bathroom rentable unit. This home COMES with a LEASE in place until March 30, 2025 - at $2660.00 a month. Tenant pays all utilities.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 6 months
Monthly PITI
$2,000.22/mo
Estimated Loan Balance
$329,343
Cash to close
$135,981
Interest Paid
$43,286

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
Features
  • Materials: Brick, Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Fenced
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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
  • Brick, Wood Frame
  • Roof: Composition
Condition
  • Year Built: 1899
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Greeley City
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Greeley

Financial Details

  • Price per Sqft: $150
  • Tax Annual Amount: $2028
  • On Market Date: 2024-09-10T00:00:00.000Z
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 $135,981 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $135,981!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$314,019
Your Cash$135,981
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,438/mo
Traditional @ 7.5%
$2,408/mo
You save $970/month ($11,638/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1018304

Listing From: recolorado

Last updated: 2024-10-24T16:52:17.000Z

© , 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

2.94%
7.15%

Principal & Interest

$1,438 /mo
$2,321 /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 $135,981 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $135,981!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$314,019
Your Cash$135,981
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,438/mo
Traditional @ 7.5%
$2,408/mo
You save $970/month ($11,638/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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