Laura Jewett

Laura Jewett

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Closed

$550,000

($173,716 down)
FHA

1963 Hogan Court, Castle Rock, CO 80109

5
4
3,712 sqft
PITI Monthly
$2,702.18 /mo

Listing courtesy of: Hunter Deegan, HomeSmart

Assumed Rate

3.7%
7.15%

Principal & Interest

$1,898 /mo
$2,785 /mo

What's Special

INVESTORS
SHOPPING
DINING
FIREPLACE
WALK-IN CLOSET
FINISHED BASEMENT
CLUBHOUSE
TENNIS COURTS
WALKING TRAILS
PLAYGROUND

BACK ON THE MARKET! This is the home you want if you’re looking for SWEAT EQUITY! Solid home just needs some updates and your personal touch to make it your own. TONS OF SQUARE FOOTAGE FOR THE MONEY…AND A HUGE UNFINISHED BASEMENT with rough-in plumbing for further expansion and added finished space. FINISH THE BASEMENT AND YOU WILL HAVE OVER 3,700 FINISHED SQUARE FEET! Open Floorplan with gas fireplace in the living room! 3bed/2.5bath PLUS A HUGE LOFT…COULD BE CONVERTED TO A 4TH BEDROOM WITH ROOM FOR AN ON-SUITE BATH! HUGE PRIMARY BEDROOM WITH 5 PC BATH AND GIANT WALK-IN CLOSET! All appliances plus the washer and dryer are included! Enjoy all that Colorado has to offer in this Well-Established Community that is close to walking trails and Ridgeway Open Space. It is located in a wonderful quite neighborhood with friendly neighbors, top-rated schools, and easy access to shopping and dining options. With scenic parks and hiking trails, outdoor enthusiasts will be delighted with the countless recreational opportunities. The Meadows community has all the amenities you may need, a private park that is a stone’s throw away from your backyard, playgrounds, tennis courts, swimming pool, a clubhouse, and a wonderful rec-center for your family. Situated in a wonderful neighborhood known for its peaceful ambiance. Close proximity to schools, making it convenient for all. MOST HOMES IN THIS AREA AT THIS PRICE ARE 400-800 SQUARE FEET SMALLER AND SOME DON’T EVEN HAVE A BASEMENT! This home is priced accordingly as it needs some updates/cosmetics and some yard work. But has great bones! INVESTORS WELCOME and SWEATY EQUITY BUYERS this is the home you’ve been waiting for!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.7
Remaining Loan Term
24 years, 9 months
Monthly PITI
$2,702.18/mo
Estimated Loan Balance
$428,483
Cash to close
$173,716
Interest Paid
$76,068

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame, Stucco, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room
  • Flooring: Carpet, Tile, Wood

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Concrete
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
  • Frame, Stucco, Vinyl Siding
  • Roof: Concrete
Condition
  • Year Built: 2006
Details
  • Builder: Oakwood Homes, LLC

Community & HOA

Community
  • Subdivision: The Meadows
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: The Meadows Neighborhood
  • HOA Amenities: Unknown
  • HOA Fee: $259
  • HOA Frequency: $Quarterly
Location
  • Region: Castle Rock

Financial Details

  • Price per Sqft: $148.17
  • Tax Annual Amount: $4149
  • On Market Date: 2024-06-19T00:00:00.000Z
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 $173,716 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $173,716!

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

Loan Breakdown

Assumed Mortgage3.7% Sellers Rate
$376,284
Your Cash$173,716
Total Purchase Price:$550,000

Assumed vs Traditional Mortgage

Assumed @ 3.7%
$1,898/mo
Traditional @ 7.5%
$2,888/mo
You save $991/month ($11,889/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC5544391

Listing From: recolorado

Last updated: 2024-10-01T18:08:06.000Z

© , 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

3.7%
7.15%

Principal & Interest

$1,898 /mo
$2,785 /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 $173,716 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $173,716!

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

Loan Breakdown

Assumed Mortgage3.7% Sellers Rate
$376,284
Your Cash$173,716
Total Purchase Price:$550,000

Assumed vs Traditional Mortgage

Assumed @ 3.7%
$1,898/mo
Traditional @ 7.5%
$2,888/mo
You save $991/month ($11,889/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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