Laura Jewett

Laura Jewett

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Closed

$475,000

($395,200 down)
FHA

1945 Reservoir Road, Greeley, CO 80631

4
2
2,365 sqft
PITI Monthly
$1,212.2 /mo

Listing courtesy of: Lauren Baumgartner, Tallent Co. Real Estate

Assumed Rate

5.88%
7.15%

Principal & Interest

$934 /mo
$1,066 /mo

What's Special

MODERN
HARDWOOD FLOORS
FIREPLACE
DECK
HISTORIC
NO HOA

Welcome to this beautiful, Glenmere ranch home. Nestled in the heart of Greeley, it sits on a large corner lot filled with mature landscaping and extra outdoor space. This unique home boasts 4 bedrooms, 2 bathrooms, and multiple living spaces. With brand new carpet throughout, combined with the original hardwood floors, and tons of natural light, this home is truly a gem. Love character and charm? This one's for you! With built-in cupboards, historic style arches, two fireplaces, and beautiful woodwork, this home genuinely combines modern living with old world appeal. You'll notice an attached 2 car garage with an additional garden shed. Enjoy peace and quiet in the backyard while sitting on the large deck or while working in the raised garden beds. With NO HOA & no metro district, this property also allows for the parking of an RV or boat through the separate backyard drive. The home is on city water, but also offers a well for yard use too! With close proximity to UNC, the possibilities are truly endless for this home.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.88
Remaining Loan Term
8 years, 6 months
Monthly PITI
$1,212.2/mo
Estimated Loan Balance
$98,703
Cash to close
$395,200
Interest Paid
$157,962

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Hot Water, Propane, Wood Stove
Features
  • Materials: Brick, Vinyl Siding, Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Basement, Family Room, Living Room
  • Flooring: Wood

Exterior

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

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick, Vinyl Siding, Wood Frame
  • Roof: Composition
Condition
  • Year Built: 1952
Details
  • Builder:

Community & HOA

Community
  • Subdivision: HEINZE GLENMERE CREST
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Greeley

Financial Details

  • Price per Sqft: $200.85
  • Tax Annual Amount: $
  • On Market Date: 2024-05-22T00:00:00.000Z
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 $395,200 (83%)
You can enter any amount below - secondary financing will cover the difference if needed.
83%
$

You cover the entire equity of $395,200!

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

Loan Breakdown

Assumed Mortgage5.88% Sellers Rate
$79,800
Your Cash:$395,200
Total Purchase Price:$475,000

Assumed vs Traditional Mortgage

Assumed @ 5.88%
$934/mo
Traditional @ 7.5%
$1,105/mo
You save $172/month ($2,058/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1010117

Listing From: recolorado

Last updated: 2024-10-01T18:05:13.000Z

© , 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

5.88%
7.15%

Principal & Interest

$934 /mo
$1,066 /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 $395,200 (83%)
You can enter any amount below - secondary financing will cover the difference if needed.
83%
$

You cover the entire equity of $395,200!

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

Loan Breakdown

Assumed Mortgage5.88% Sellers Rate
$79,800
Your Cash:$395,200
Total Purchase Price:$475,000

Assumed vs Traditional Mortgage

Assumed @ 5.88%
$934/mo
Traditional @ 7.5%
$1,105/mo
You save $172/month ($2,058/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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