Laura Jewett

Laura Jewett

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Closed

$575,000

($266,255 down)
FHA

204 Virginia Road, Bailey, CO 80421

3
2
850 sqft
PITI Monthly
$1,989.86 /mo

Listing courtesy of: Maria Gallucci, Compass - Denver

Assumed Rate

3.33%
7.15%

Principal & Interest

$1,511 /mo
$2,322 /mo

What's Special

SERENE
SHOPPING
ENTERTAINMENT
DINING
MODERN
FIREPLACE
WALK-IN CLOSET
MASTER SUITE
DECK
MOUNTAIN VIEWS
CHARMING
COZY

Welcome to your mountain retreat at 204 Virginia Road, nestled in the serene beauty of Bailey, Colorado. This charming home offers a perfect blend of rustic charm and modern convenience, making it an ideal escape for nature lovers and those seeking tranquility. As you step inside, you'll be greeted by a warm and inviting living space featuring a cozy fireplace, with gas lines already installed and ready for a gas fireplace upgrade, perfect for enhancing those chilly Colorado evenings. The open-concept layout seamlessly connects the living area to the dining space and kitchen, creating an ideal environment for entertaining family and friends. The kitchen boasts modern appliances, ample counter space, and plenty of storage, making meal preparation a breeze. Large windows throughout the home allow natural light to flood in, highlighting the stunning views of the surrounding forested landscape. This home features 3 bedrooms and 2 bathrooms, providing ample space for family or guests. The master suite is a true retreat, offering privacy and comfort with its en-suite bathroom and walk-in closet. One of the standout features of this property is the inclusion of the large lot next door, offering endless possibilities for expansion, gardening, or simply enjoying the additional privacy and space. Step outside onto the expansive deck, where you can enjoy your morning coffee while taking in the breathtaking mountain views. The property offers plenty of outdoor space for gardening, hiking, or simply relaxing in the fresh mountain air. Located in the heart of Bailey, you'll have easy access to outdoor activities such as hiking, fishing, and skiing, while still being within a convenient drive to Denver for shopping, dining, and entertainment. Don't miss the opportunity to own this beautiful mountain home with an expansive lot. A must see!!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.33
Remaining Loan Term
25 years, 0 months
Monthly PITI
$1,989.86/mo
Estimated Loan Balance
$154,699
Cash to close
$266,255
Interest Paid
$54,346

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air, Natural Gas, Passive Solar
Features
  • Materials: Cedar, Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas, Gas Log, Great Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Metal
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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: Mountain Contemporary
Materials
  • Cedar, Frame, Wood Siding
  • Roof: Metal
Condition
  • Year Built: 2017
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Bailey View Villas
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: The Village
  • HOA Amenities: Unknown
  • HOA Fee: $50
  • HOA Frequency: $Monthly
Location
  • Region: Bailey

Financial Details

  • Price per Sqft: $676.47
  • Tax Annual Amount: $822
  • On Market Date: 2025-02-06T00:00:00.000Z
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 $266,255 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $266,255!

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

Loan Breakdown

Assumed Mortgage3.33% Sellers Rate
$308,745
Your Cash$266,255
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 3.33%
$1,511/mo
Traditional @ 7.5%
$2,408/mo
You save $897/month ($10,766/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8953721

Listing From: recolorado

Last updated: 2025-02-06T18:40:25.000Z

© , 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

3.33%
7.15%

Principal & Interest

$1,511 /mo
$2,322 /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 $266,255 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $266,255!

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

Loan Breakdown

Assumed Mortgage3.33% Sellers Rate
$308,745
Your Cash$266,255
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 3.33%
$1,511/mo
Traditional @ 7.5%
$2,408/mo
You save $897/month ($10,766/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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