Laura Jewett

Laura Jewett

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Closed

$775,000

($255,819 down)
VA

214 Conestoga Road, Bailey, CO 80421

3
3
3,051 sqft
PITI Monthly
$2,940.6 /mo

Listing courtesy of: Tupper's Team, Madison & Company Properties

Assumed Rate

3%
7.15%

Principal & Interest

$2,468 /mo
$3,953 /mo

What's Special

DINING
SPACIOUS
CHARMING
COZY

Just minutes from Highway 285 lies this picturesque property boasting stunning meadow views! Embrace the opportunity to call this ranch-style residence your own, featuring 3 bedrooms, an office, and a charming guest cottage complete with a bedroom and bath. Flooded with natural light and benefiting from southern exposure, the home showcases large windows that illuminate the interior. The kitchen is adorned with granite counters, tile floors, and elegant wood cabinetry, offering direct access to the backyard. Descend to the walk-out lower level, where a spacious family room awaits, complemented by a cozy wood-burning stove, a secondary primary bedroom with a five-piece bath, and a convenient laundry area, all accompanied by ample storage space. Meanwhile, the guest cottage has lofty ceilings and an inviting open layout encompassing the kitchen, dining, and living areas. Downstairs, discover a comfortable bedroom, bathroom, and another laundry area, all serviced by a separate septic system for added convenience.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3
Remaining Loan Term
26 years, 2 months
Monthly PITI
$2,940.6/mo
Estimated Loan Balance
$745,286
Cash to close
$255,819
Interest Paid
$64,609

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: None
  • Heating: Baseboard, Hot Water, Natural Gas, Wood
Features
  • Materials: Frame, Stone, Stucco, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room, Great Room, Wood Burning, Wood Burning Stove
  • Flooring: Carpet, Wood

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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: Mountain Contemporary
Materials
  • Frame, Stone, Stucco, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1983
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Mill Iron Estates
  • Features: Accessible Approach with Ramp
HOA
  • Has HOA: Yes
  • HOA Name: Mill-Iron D Estates Homeowners' Association
  • HOA Amenities: Unknown
  • HOA Fee: $96
  • HOA Frequency: $Annually
Location
  • Region: Bailey

Financial Details

  • Price per Sqft: $254.02
  • Tax Annual Amount: $3077
  • On Market Date: 2024-04-10T00:00:00.000Z
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 $255,819 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $255,819!

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

Loan Breakdown

Assumed Mortgage3% Sellers Rate
$519,181
Your Cash$255,819
Total Purchase Price:$775,000

Assumed vs Traditional Mortgage

Assumed @ 3%
$2,468/mo
Traditional @ 7.5%
$4,100/mo
You save $1,633/month ($19,593/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4291929

Listing From: recolorado

Last updated: 2024-11-15T18:46:16.000Z

© , 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%
7.15%

Principal & Interest

$2,468 /mo
$3,953 /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 $255,819 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $255,819!

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

Loan Breakdown

Assumed Mortgage3% Sellers Rate
$519,181
Your Cash$255,819
Total Purchase Price:$775,000

Assumed vs Traditional Mortgage

Assumed @ 3%
$2,468/mo
Traditional @ 7.5%
$4,100/mo
You save $1,633/month ($19,593/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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