Laura Jewett

Laura Jewett

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Closed

$349,900

($113,861 down)
FHA

221 Walnut Street, Fort Morgan, CO 80701

3
2
2,160 sqft
PITI Monthly
$1,555.99 /mo

Listing courtesy of: Kenneth Adam Walter, Cornerstone Brokers, LLC

Assumed Rate

3.08%
7.15%

Principal & Interest

$1,080 /mo
$1,713 /mo

What's Special

DINING
SPACIOUS
HARDWOOD FLOORS
MATURE TREES

This home has been updated over the last few years but still maintains original charm. Hardwood floors, large windows, tile bathrooms, central air, spacious kitchen with tons of cabs and a great dining area, new laundry room, & storage! Spread out and entertain in either of the enclosed porches! Large yard, detached garage, even a separate work shed for your projects! Mature trees and so much more! Be sure to check out the 3D tour and set a private showing! Back porch is heated and finished. Front porch is not heated, and is not included in sq/ft., but it is still sure to be a favorite spot to sit and enjoy.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.08
Remaining Loan Term
26 years, 1 months
Monthly PITI
$1,555.99/mo
Estimated Loan Balance
$237,455
Cash to close
$113,861
Interest Paid
$29,357

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate, Tile, Wood

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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
  • Wood Frame
  • Roof: Composition
Condition
  • Year Built: 1926
Details
  • Builder:

Community & HOA

Community
  • Subdivision: G R BAKERS ADDITION
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Fort Morgan

Financial Details

  • Price per Sqft: $161.99
  • Tax Annual Amount: $1753
  • On Market Date: 2024-03-06T00:00:00.000Z
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 $113,861 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $113,861!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$236,039
Your Cash$113,861
Total Purchase Price:$349,900

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,080/mo
Traditional @ 7.5%
$1,777/mo
You save $697/month ($8,359/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1004479

Listing From: recolorado

Last updated: 2024-10-01T17:59:11.000Z

© , 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

3.08%
7.15%

Principal & Interest

$1,080 /mo
$1,713 /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 $113,861 (33%)
You can enter any amount below - secondary financing will cover the difference if needed.
33%
$

You cover the entire equity of $113,861!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$236,039
Your Cash$113,861
Total Purchase Price:$349,900

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,080/mo
Traditional @ 7.5%
$1,777/mo
You save $697/month ($8,359/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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