Laura Jewett

Laura Jewett

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Closed

$480,000

($92,009 down)
FHA

14900 E 116th Drive, Brighton, CO 80603

3
3
1,421 sqft
PITI Monthly
$3,378.84 /mo

Listing courtesy of: Rona Gates, HomeSmart

Assumed Rate

6.78%
7.15%

Principal & Interest

$2,542 /mo
$2,639 /mo

What's Special

SERENE
SHOPPING
DINING
STAINLESS STEEL APPLIANCES
FIREPLACE
VAULTED CEILINGS
PATIO
LANDSCAPED

Welcome to the highly sought-after Buffalo Run neighborhood. This community is renowned for its proximity to schools, shopping, parks, trails, a golf course, and the community recreation center. This Richmond Magnolia home exudes a welcoming atmosphere with its vaulted ceilings in the living room and a three-sided fireplace that seamlessly connects to the open-concept dining and kitchen area. The bonus loft upstairs offers an ideal space for a peaceful office. The kitchen has been tastefully updated with quartz countertops, elegant white cabinets, a farmhouse sink, and stainless steel appliances. Additional features include a custom coffee bar and a pantry with a barn door. A unique highlight of this home is the Murphy door, which provides access to the laundry room and garage, complete with shelving and a secret entry. All three bathrooms have been beautifully updated with unique design elements. The home is equipped with a carbon filter system and a brand-new water heater. Homes with such stunning open space views are rare and seldom come up for sale. Enjoy the expansive views from the large concrete patio, which offers a fantastic seating area and a beautifully landscaped yard. The backyard provides a serene, out-of-city feel while maintaining close access to shopping, schools, and parks/trails.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.78
Remaining Loan Term
29 years, 0 months
Monthly PITI
$3,378.84/mo
Estimated Loan Balance
$390,386
Cash to close
$92,009
Interest Paid
$26,364

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Dining Room, Family Room, Gas, Gas Log, Great Room, Living Room
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Cement Shake
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
  • Frame
  • Roof: Cement Shake
Condition
  • Year Built: 2001
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Buffalo Run
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: MSI
  • HOA Amenities: Unknown
  • HOA Fee: $90
  • HOA Frequency: $Quarterly
Location
  • Region: Brighton

Financial Details

  • Price per Sqft: $337.79
  • Tax Annual Amount: $4721
  • On Market Date: 2024-11-25T00:00:00.000Z
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 $92,009 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $92,009!

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

Loan Breakdown

Assumed Mortgage6.78% Sellers Rate
$387,991
Your Cash$92,009
Total Purchase Price:$480,000

Assumed vs Traditional Mortgage

Assumed @ 6.78%
$2,542/mo
Traditional @ 7.5%
$2,640/mo
You save $98/month ($1,172/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8206852

Listing From: recolorado

Last updated: 2025-03-01T00:26:20.000Z

© , 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

6.78%
7.15%

Principal & Interest

$2,542 /mo
$2,639 /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 $92,009 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $92,009!

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

Loan Breakdown

Assumed Mortgage6.78% Sellers Rate
$387,991
Your Cash$92,009
Total Purchase Price:$480,000

Assumed vs Traditional Mortgage

Assumed @ 6.78%
$2,542/mo
Traditional @ 7.5%
$2,640/mo
You save $98/month ($1,172/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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