Laura Jewett

Laura Jewett

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Closed

$735,000

($515,501 down)
FHA

16160 County Road 47, La Salle, CO 80645

3
2
1,296 sqft
PITI Monthly
$1,395.43 /mo

Listing courtesy of: Ashley Wildeman, 8z Real Estate

Assumed Rate

2.87%
7.15%

Principal & Interest

$970 /mo
$1,581 /mo

What's Special

SERENE

Imagine waking up to the sight of majestic mountains & the serene waters of Milton Lake Reservoir, your horses grazing in the pasture just steps away. This extraordinary 30-acre slice of heaven is perfect for those who cherish the outdoors or have a dream of homesteading or starting a multifamily living farm. This breathtaking acreage property is more than just land; it’s a lifestyle. Zoned Agricultural, this estate offers incredible versatility for various uses, all without the burden of HOA fees & with remarkably low property taxes. One of the most appealing features is the county's approval for a second dwelling. This opens up possibilities for multifamily living, creating a perfect setup for extended families to build their lives together & make lasting memories. Whether it's a guest house or a rental unit to generate extra income, this property offers endless opportunities for families to grow and thrive together. As you explore this unique estate, you'll discover a private shooting range, perfect for honing your marksmanship in a peaceful setting. A large outbuilding provides ample space for storage or workshops, & a four-stall horse barn, along with a fenced pasture, ensures your equine companions have a comfortable home. Operating on well and septic systems, the property offers self-sufficiency & reduced utility costs, making it an ideal retreat for those seeking a more sustainable way of life. Milton Lake is a private haven perfect for camping, fishing, & boating. In the off-season, it transforms into a hunting club & bird-watching paradise, offering year-round outdoor enjoyment. The lake’s exclusivity ensures a peaceful and undisturbed environment, providing a tranquil retreat fulfilling the outdoorsman’s dream. Don’t miss this rare chance to own a piece of paradise with this gorgeous home. Schedule a viewing today & take the first step toward embracing the extraordinary potential this remarkable property offers. Your dream lifestyle awaits!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.87
Remaining Loan Term
26 years, 5 months
Monthly PITI
$1,395.43/mo
Estimated Loan Balance
$220,386
Cash to close
$515,501
Interest Paid
$23,151

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Air Conditioning-Room, Other
  • Heating: Pellet Stove
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room, Living Room
  • Flooring: Tile, Vinyl

Exterior

Fencing
  • Fencing: Fenced Pasture, Partial
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1985
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Milton Lake Estates
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: La Salle

Financial Details

  • Price per Sqft: $567.13
  • Tax Annual Amount: $512
  • On Market Date: 2024-06-21T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $515,501 (70%)
You can enter any amount below - secondary financing will cover the difference if needed.
70%
$

You cover the entire equity of $515,501!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$219,499
Your Cash:$515,501
Total Purchase Price:$735,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$970/mo
Traditional @ 7.5%
$1,640/mo
You save $669/month ($8,031/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7181677

Listing From: recolorado

Last updated: 2024-10-01T18:10:27.000Z

© , 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

2.87%
7.15%

Principal & Interest

$970 /mo
$1,581 /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 $515,501 (70%)
You can enter any amount below - secondary financing will cover the difference if needed.
70%
$

You cover the entire equity of $515,501!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$219,499
Your Cash:$515,501
Total Purchase Price:$735,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$970/mo
Traditional @ 7.5%
$1,640/mo
You save $669/month ($8,031/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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