Laura Jewett

Laura Jewett

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Closed

$494,900

($282,997 down)
FHA

2525 Fairplay Drive, Loveland, CO 80538

4
3
2,372 sqft
PITI Monthly
$1,764.73 /mo

Listing courtesy of: Tina Walker, RE/MAX Alliance-FTC South

Assumed Rate

3.8%
7.15%

Principal & Interest

$1,212 /mo
$1,757 /mo

What's Special

DINING
MODERN
HARDWOOD FLOORS
FIREPLACE
PATIO
MATURE TREES

Looking for the perfect home that offers convenience, charm and endless opportunities for outdoor recreation? That is what you will find in this home located near The Olde Golf Course, Lake Loveland, and Mehaffey park. With only 2 owners, this home retains original charm while offering updated modern touches on a lot that is just under 1/4 acre. As you enter, you will be greeted with gleaming hardwood floors throughout the main level. The large living, dining and kitchen spaces offer ample room for entertaining. Upstairs you will find 3 large bedrooms, a private primary bath, and a shared hall bath. The lower level offers a family room with the warm ambiance of a wood burning fireplace, another bedroom, bathroom, laundry room and accessibility to the backyard. Outside, a covered patio overlooks a sprawling lot adorned with mature trees, perfect for outdoor entertaining or quiet mornings with your coffee. The oversized garage, storage shed and garden area offer additional convenience and opportunities for hobbyists. Don't miss out on this gem. Schedule a viewing today and make this beautiful house your next home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.8
Remaining Loan Term
20 years, 8 months
Monthly PITI
$1,764.73/mo
Estimated Loan Balance
$214,051
Cash to close
$282,997
Interest Paid
$83,668

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
Features
  • Materials: Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room
  • Flooring: Vinyl, Wood

Exterior

Fencing
  • Fencing: Fenced
Roof
  • Roof: Composition
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: Contemporary
Materials
  • Brick
  • Roof: Composition
Condition
  • Year Built: 1972
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Park Hill
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Loveland

Financial Details

  • Price per Sqft: $208.64
  • Tax Annual Amount: $2416
  • On Market Date: 2024-09-26T00:00:00.000Z
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 $282,997 (57%)
You can enter any amount below - secondary financing will cover the difference if needed.
57%
$

You cover the entire equity of $282,997!

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

Loan Breakdown

Assumed Mortgage3.8% Sellers Rate
$211,903
Your Cash:$282,997
Total Purchase Price:$494,900

Assumed vs Traditional Mortgage

Assumed @ 3.8%
$1,212/mo
Traditional @ 7.5%
$1,823/mo
You save $611/month ($7,326/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1019458

Listing From: recolorado

Last updated: 2024-10-24T21:41:17.000Z

© , 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

3.8%
7.15%

Principal & Interest

$1,212 /mo
$1,757 /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 $282,997 (57%)
You can enter any amount below - secondary financing will cover the difference if needed.
57%
$

You cover the entire equity of $282,997!

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

Loan Breakdown

Assumed Mortgage3.8% Sellers Rate
$211,903
Your Cash:$282,997
Total Purchase Price:$494,900

Assumed vs Traditional Mortgage

Assumed @ 3.8%
$1,212/mo
Traditional @ 7.5%
$1,823/mo
You save $611/month ($7,326/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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