Laura Jewett

Laura Jewett

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Closed

$849,000

($623,874 down)
VA

12425 Lonesome Pine Trail, Elbert, CO 80106

4
3
3,187 sqft
PITI Monthly
$1,497.24 /mo

Listing courtesy of: Laurie Klipfel, The Platinum Group

Assumed Rate

2.94%
7.15%

Principal & Interest

$1,040 /mo
$1,678 /mo

What's Special

DINING
SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
FIREPLACE
LANDSCAPED
COZY

Nestled in the highly sought-after Latigo Trails equestrian neighborhood, this property is a horse lover's dream. With over 3+ acres of fully fenced land on a corner lot, you'll enjoy the perfect blend of rural tranquility and modern amenities. Latigo Trails offers riding easements throughout the community and access to a vibrant Equestrian Center for events and activities. This expansive 3400+ SF home features 4 bedrooms, 4 bathrooms, and an oversized 3-car garage. The interior boasts gorgeous hickory wood flooring on the main level, a spacious kitchen with granite counters and stainless steel appliances, a formal dining room, and a cozy living room with a gas fireplace. Upstairs, the primary suite is a private retreat with its own gas fireplace and an attached 5-piece bath, accompanied by another bedroom and full bath. The fully finished walkout basement adds even more living space, including a large family room with a third gas fireplace, two additional bedrooms, and a full bath. Outdoor amenities are equally impressive! The property includes a 12x24 barn with electric, 2 storage lofts, perfect for housing your horses, and a 24x24 agriculture building with a concrete floor, ideal for a workshop or storing toys. There’s also a 10x12 garden shed and a 30-amp RV outlet on this property. The beautifully landscaped yard features a fenced backyard, solar lighting, and plenty of room to relax or entertain. Additional highlights include a newer roof (2022) on the house and ag building, recently serviced furnace, and inspected septic system. With light-filled spaces, thoughtful storage, and modern updates, this property is ready to welcome you home to the Latigo Trails lifestyle!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.94
Remaining Loan Term
25 years, 6 months
Monthly PITI
$1,497.24/mo
Estimated Loan Balance
$226,099
Cash to close
$623,874
Interest Paid
$31,300

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Basement, Gas, Living Room, Primary Bedroom
  • Flooring: Carpet, Tile, Vinyl, Wood

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Frame, Stucco
  • Roof: Composition
Condition
  • Year Built: 2005
Details
  • Builder:

Community & HOA

Community
  • Subdivision: The Trails
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Latigo Trails HOA
  • HOA Amenities: Unknown
  • HOA Fee: $40
  • HOA Frequency: $Annually
Location
  • Region: Elbert

Financial Details

  • Price per Sqft: $266.39
  • Tax Annual Amount: $2891
  • On Market Date: 2025-01-15T00:00:00.000Z
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 $623,874 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $623,874!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$225,126
Your Cash:$623,874
Total Purchase Price:$849,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,040/mo
Traditional @ 7.5%
$1,741/mo
You save $701/month ($8,415/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC5060126

Listing From: recolorado

Last updated: 2025-02-21T18:07:16.000Z

© , 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

$1,040 /mo
$1,678 /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 $623,874 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $623,874!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$225,126
Your Cash:$623,874
Total Purchase Price:$849,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$1,040/mo
Traditional @ 7.5%
$1,741/mo
You save $701/month ($8,415/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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