Laura Jewett

Laura Jewett

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Closed

$574,999

($135,824 down)
FHA

1222 E Witherspoon Drive, Elizabeth, CO 80107

3
3
1,869 sqft
PITI Monthly
$2,912.13 /mo

Listing courtesy of: Natasha Balabanova, Brokers Guild Real Estate

Assumed Rate

3.08%
7.15%

Principal & Interest

$2,010 /mo
$3,187 /mo

What's Special

SERENE
SHOPPING
DINING
SPACIOUS
MODERN
HIGH-END FINISHES
LUXURY
STAINLESS STEEL APPLIANCES
WALK-IN CLOSET
FINISHED BASEMENT
WALKING TRAILS
QUIET NEIGHBORHOOD
CHARMING

ASSUMABLE FHA LOAN AT 3.25% INTEREST RATE. SELLER CONCESSION towards 2/1 buy down program. Nestled in the serene and picturesque community of Independence, this stunning single-family home, built in 2020, offers a perfect blend of modern design and comfortable living. With 3 spacious bedrooms and 3 beautifully appointed bathrooms, this home is ideal for anyone looking to enjoy the tranquil lifestyle Elizabeth has to offer. Gourmet kitchen equipped with stainless steel appliances, granite counter tops, an island, and plenty of cabinet space, perfect for culinary enthusiasts. Primary bedroom is a spacious retreat featuring a walk-in closet and an en-suite bathroom with dual vanities, and a shower. Living area is bright and airy, with large windows and is ideal for gatherings and relaxation. Stylish and modern bathrooms with high-end finishes, including tile flooring and updated fixtures. Additional bedrooms are generously sized with ample closet space, perfect for family members or guests. Laundry room is conveniently located on the second floor with extra storage space. Unfinished basement is ready for your imagination. Backyard features a low maintenance artificial turf. Tesla charging station is available with the home. Independence is a friendly and quiet neighborhood with parks, walking trails, and community amenities. Elizabeth is a charming small Colorado town with easy access to shopping, dining, and top-rated schools, while still being close to the metropolitan amenities of Denver. Don’t miss this opportunity to own a nearly new home in one of Elizabeth’s most sought-after communities. Schedule a tour today and experience the perfect blend of luxury, comfort, and convenience!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.08
Remaining Loan Term
26 years, 1 months
Monthly PITI
$2,912.13/mo
Estimated Loan Balance
$441,810
Cash to close
$135,824
Interest Paid
$54,622

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Cement Siding, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Full
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: Contemporary
Materials
  • Cement Siding, Frame
  • Roof: Composition
Condition
  • Year Built: 2020
Details
  • Builder: Lennar

Community & HOA

Community
  • Subdivision: Independence
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Independence Overlay District
  • HOA Amenities: Unknown
  • HOA Fee: $0
  • HOA Frequency: $None
Location
  • Region: Elizabeth

Financial Details

  • Price per Sqft: $307.65
  • Tax Annual Amount: $4815
  • On Market Date: 2024-07-25T00:00:00.000Z
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 $135,824 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $135,824!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$439,175
Your Cash$135,824
Total Purchase Price:$574,999

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$2,010/mo
Traditional @ 7.5%
$3,306/mo
You save $1,296/month ($15,553/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3040009

Listing From: recolorado

Last updated: 2025-04-03T02:44:29.000Z

© , 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

3.08%
7.15%

Principal & Interest

$2,010 /mo
$3,187 /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 $135,824 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $135,824!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$439,175
Your Cash$135,824
Total Purchase Price:$574,999

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$2,010/mo
Traditional @ 7.5%
$3,306/mo
You save $1,296/month ($15,553/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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