Laura Jewett

Laura Jewett

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Closed

$481,000

($259,175 down)
VA

1925 Mahogany Way, Severance, CO 80550

3
3
1,910 sqft
PITI Monthly
$1,347.11 /mo

Listing courtesy of: Katherine Bryant-Beach, Century 21 Moore Real Estate

Assumed Rate

2.74%
7.15%

Principal & Interest

$978 /mo
$1,620 /mo

What's Special

FINISHED BASEMENT
DECK
SHORT COMMUTE
SOLAR PANELS
MOTIVATED SELLER

MOTIVATED SELLER as replacement home out of state is now Under Contract.Fantastic split level with amble living space and unfinished basement to do with as you choose. Well maintained home with a short commute to Downtown Ft Collins, Loveland or Greeley. All bedrooms are situated on the upper level with the 2 secondary bedrooms on the opposite side of the stairs as the primary for a little extra privacy. No need to push a law a lawn mower through the rocks as there was a gorgeous walking deck installed with easy access to the garage. Solar panels to be paid off with proceeds and transferred with the property free and clear. Newer carpet in lower level and carpet for the stairs and upper floor have been ordered and will be installed within the month. New wood blinds can be left for you if you would like to switch them out once you move into your new home. Interior security cameras and video doorbell to be included.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.74
Remaining Loan Term
25 years, 11 months
Monthly PITI
$1,347.11/mo
Estimated Loan Balance
$222,295
Cash to close
$259,175
Interest Paid
$25,634

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Vinyl

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: Traditional
Materials
  • Wood Frame
  • Roof: Composition
Condition
  • Year Built: 2006
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Timber Ridge
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Faith Property Management
  • HOA Amenities: Unknown
  • HOA Fee: $216
  • HOA Frequency: $Annually
Location
  • Region: Severance

Financial Details

  • Price per Sqft: $251.83
  • Tax Annual Amount: $2432
  • On Market Date: 2024-06-18T00:00:00.000Z
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 $259,175 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $259,175!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$221,825
Your Cash:$259,175
Total Purchase Price:$481,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$978/mo
Traditional @ 7.5%
$1,680/mo
You save $702/month ($8,428/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1012316

Listing From: recolorado

Last updated: 2024-10-01T18:08:12.000Z

© , 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

2.74%
7.15%

Principal & Interest

$978 /mo
$1,620 /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 $259,175 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $259,175!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$221,825
Your Cash:$259,175
Total Purchase Price:$481,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$978/mo
Traditional @ 7.5%
$1,680/mo
You save $702/month ($8,428/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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