Laura Jewett

Laura Jewett

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Closed

$450,000

($287,514 down)
FHA

1501 Atwood Street, Longmont, CO 80501

5
2
1,882 sqft
PITI Monthly
$1,713.23 /mo

Listing courtesy of: Kathlene Weaver, RE/MAX Professionals

Assumed Rate

3.89%
7.15%

Principal & Interest

$1,139 /mo
$1,633 /mo

What's Special

LUXURY
VAULTED CEILINGS
DECK

Ask about the assumable mortgage with a low rate of 3.875% on the remaining loan balance. This home, perfectly located on a corner lot, features 1,882 square feet, five bedrooms, two bathrooms and many recent improvements. The kitchen will impress with striking cabinets, updated backsplash, custom countertops and stainless-steel appliances. The main level also boasts luxury vinyl planked flooring, updated lighting, custom banister, updated bathroom, vaulted ceilings and more! This home also includes central air conditioning, new roof in 2024, washer, dryer and all kitchen appliances. The corner homesite provides plenty of space, a fenced backyard and large deck - perfect for relaxing or entertaining. This is a must-see home.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.89
Remaining Loan Term
20 years, 7 months
Monthly PITI
$1,713.23/mo
Estimated Loan Balance
$199,467
Cash to close
$287,514
Interest Paid
$80,344

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame, Other
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Frame, Other
  • Roof: Composition
Condition
  • Year Built: 1976
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Holiday Park
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Longmont

Financial Details

  • Price per Sqft: $239.11
  • Tax Annual Amount: $2831
  • On Market Date: 2024-08-15T00:00:00.000Z
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 $287,514 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$

You cover the entire equity of $287,514!

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

Loan Breakdown

Assumed Mortgage3.89% Sellers Rate
$162,486
Your Cash:$287,514
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 3.89%
$1,139/mo
Traditional @ 7.5%
$1,694/mo
You save $555/month ($6,660/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC2309980

Listing From: recolorado

Last updated: 2024-10-18T14:19:16.000Z

© , 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

3.89%
7.15%

Principal & Interest

$1,139 /mo
$1,633 /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 $287,514 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$

You cover the entire equity of $287,514!

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

Loan Breakdown

Assumed Mortgage3.89% Sellers Rate
$162,486
Your Cash:$287,514
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 3.89%
$1,139/mo
Traditional @ 7.5%
$1,694/mo
You save $555/month ($6,660/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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