Laura Jewett

Laura Jewett

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$699,500

($180,166 down)
FHA

1400 E Witherspoon Drive, Elizabeth, CO 80107

5
4
3,906 sqft
PITI Monthly
$3,339.98 /mo

Listing courtesy of: Mike Woodland, Woodland Properties, LLC

Assumed Rate

2.76%
7.15%

Principal & Interest

$2,280 /mo
$3,767 /mo

What's Special

DESIRED
SPACIOUS
GRANITE COUNTERTOPS
VAULTED CEILINGS
WALK-IN CLOSET
GAME ROOM
DECK
FENCED YARD
LANDSCAPED
CLUBHOUSE
FITNESS CENTER
PLAYGROUND

Better than new, upgraded Richmond Hemingway model with a finished garden-level basement and a large, flat (usable) back yard. This is a turn-key home with an open floorplan, sunny natural lighting, and beautiful features throughout. The main level features a spacious great room with a beautiful wood accent wall and large windows. The gourmet kitchen has a massive island with a breakfast bar, pendant lighting, granite countertops, upgraded cabinets with crown moulding, a gas cooktop, double ovens, a walk-in pantry, and LVP floors. The adjoining sunroom has vaulted ceilings, large windows, and a door to the large deck and back yard. We round out the main floor with an office with glass double doors and a half bath. The upper level primary bedroom has large windows with views, a tray ceiling, a large walk-in closet, and a barn door to the en-suite primary bathroom which features a dual vanity, granite countertops and LVP floors. 3 additional bedrooms plus a big, open loft, a full bathroom, and the convenient laundry room on the upper level. The finished garden-level basement has great natural lighting and features a big, open flex room that is perfect for entertaining, a media area, game room, hobbies, exercise, a family room, and many other uses. This room is pre-plumbed to easily add a bar, if desired. We finish out the basement with a 5th bedroom, a 3/4 bathroom, and plenty of storage. Relax, entertain, or enjoy the outdoors on the covered front porch, the large back deck (with lighting) and the flat, professionally landscaped, fully fenced yard. The desirable Independence neighborhood has fantastic amenities including a community clubhouse, fitness center, pool, open space trails, playgrounds, parks, and much more. Easy access to Elizabeth, Franktown, Parker, and Castle Rock. The DTC and Colorado Springs are also within commute distance.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.76
Remaining Loan Term
26 years, 6 months
Monthly PITI
$3,339.98/mo
Estimated Loan Balance
$525,796
Cash to close
$180,166
Interest Paid
$51,847

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Concrete, Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Tile, Wood

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: Unknown
Materials
  • Concrete, Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 2021
Details
  • Builder: Richmond American Homes

Community & HOA

Community
  • Subdivision: Independence
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Independence Overlay District
  • HOA Amenities: Unknown
  • HOA Fee: $0
  • HOA Frequency: $Included in Property Tax
Location
  • Region: Elizabeth

Financial Details

  • Price per Sqft: $179.08
  • Tax Annual Amount: $5977
  • On Market Date: 2024-03-08T00:00:00.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $180,166 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $180,166!

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

Loan Breakdown

Assumed Mortgage2.76% Sellers Rate
$519,334
Your Cash$180,166
Total Purchase Price:$699,500

Assumed vs Traditional Mortgage

Assumed @ 2.76%
$2,280/mo
Traditional @ 7.5%
$3,908/mo
You save $1,628/month ($19,533/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4147560

Listing From: recolorado

Last updated: 2024-04-04T20:03:17.000Z

© , 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

2.76%
7.15%

Principal & Interest

$2,280 /mo
$3,767 /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 $180,166 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $180,166!

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

Loan Breakdown

Assumed Mortgage2.76% Sellers Rate
$519,334
Your Cash$180,166
Total Purchase Price:$699,500

Assumed vs Traditional Mortgage

Assumed @ 2.76%
$2,280/mo
Traditional @ 7.5%
$3,908/mo
You save $1,628/month ($19,533/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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