Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$100,000

($30,068 down)
VA

221 Platte Street, Sterling, CO 80751

2
1
960 sqft
PITI Monthly
$569.48 /mo

Listing courtesy of: Ginna Stauble, eXp Realty, LLC

Assumed Rate

4.57%
7.15%

Principal & Interest

$402 /mo
$531 /mo

What's Special

INVESTORS
SPACIOUS

Looking for the perfect opportunity to build instant equity? This light cosmetic fixer is your dream come true! With just a little TLC—think paint, fresh floors, and a few updates—you’ll be sitting pretty with an estimated 20-30% equity in no time! Seller is offering $7,500 to be paid to your contractor at closing for updates! Featuring 2 bedrooms, 1 bathroom, and a spacious 960 sq ft layout, this home is brimming with potential. The bones are great—solid roof, sturdy foundation, and a fantastic floor plan. All it needs is your personal touch to shine! There is even space for an extra bedroom or bathroom to elevate the ARV. Nestled in the heart of Sterling, you’ll be close to the town amenities while enjoying the satisfaction of a home that’s uniquely yours. This is the perfect chance for first-time buyers, investors, or anyone looking to maximize equity value with minimal effort. Don’t miss out on this rare opportunity—schedule your showing today and watch your Net Worth grow!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.57
Remaining Loan Term
23 years, 4 months
Monthly PITI
$569.48/mo
Estimated Loan Balance
$70,469
Cash to close
$30,068
Interest Paid
$22,602

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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: Unknown
Materials
  • Vinyl Siding
  • Roof: Unknown
Condition
  • Year Built: 1904
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Packards Add
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Sterling

Financial Details

  • Price per Sqft: $104.17
  • Tax Annual Amount: $212
  • On Market Date: 2024-09-18T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $30,068 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $30,068!

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

Loan Breakdown

Assumed Mortgage4.57% Sellers Rate
$69,932
Your Cash$30,068
Total Purchase Price:$100,000

Assumed vs Traditional Mortgage

Assumed @ 4.57%
$402/mo
Traditional @ 7.5%
$551/mo
You save $149/month ($1,791/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7164777

Listing From: recolorado

Last updated: 2024-10-17T17:07:17.000Z

© , 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

4.57%
7.15%

Principal & Interest

$402 /mo
$531 /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 $30,068 (30%)
You can enter any amount below - secondary financing will cover the difference if needed.
30%
$

You cover the entire equity of $30,068!

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

Loan Breakdown

Assumed Mortgage4.57% Sellers Rate
$69,932
Your Cash$30,068
Total Purchase Price:$100,000

Assumed vs Traditional Mortgage

Assumed @ 4.57%
$402/mo
Traditional @ 7.5%
$551/mo
You save $149/month ($1,791/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.