Laura Jewett

Laura Jewett

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

$779,900

($212,708 down)
FHA

261 Pear Lake Way, Erie, CO 80516

5
4
3,300 sqft
PITI Monthly
$4,975.57 /mo

Listing courtesy of: Kirsty Daviau, Thompson Daviau Realty

Assumed Rate

7.44%
7.15%

Principal & Interest

$3,961 /mo
$3,848 /mo

What's Special

DINING
LUXURY
STAINLESS STEEL APPLIANCES
FIREPLACE
FINISHED BASEMENT
FLEX SPACE
CLUBHOUSE
COZY

NEW PRICE on this fantastic 5 bed/4 bath home. 4 bedrooms up and one in the fully finished basement. Main level has luxury vinyl plank flooring and updated kitchen with 2 tone gray and white cabinets. Stainless steel appliances and beautiful Quartz countertops including huge island. Cozy fireplace has stylish wood paneling and cabinets for storage. Open floorplan includes dining room/flex space. Basement has high ceilings and light streams into rec room and bedroom that could be office or private suite with full bathroom. Metro District manages the neighborhood like an HOA without additional monthly fee. Trails surround this great property. Easy access to Denver, Boulder and Erie town events and restaurants. Neighborhood clubhouse is gorgeous and includes a pool, hot tub, workout room and meeting rooms.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.44
Remaining Loan Term
28 years, 9 months
Monthly PITI
$4,975.57/mo
Estimated Loan Balance
$568,072
Cash to close
$212,708
Interest Paid
$52,705

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas, Gas Log, Living Room
  • Flooring: Carpet, Tile, Vinyl

Exterior

Fencing
  • Fencing: Full
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
  • Wood Frame
  • Roof: Composition
Condition
  • Year Built: 2015
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Erie Highlands
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Erie Highlands
  • HOA Amenities: Unknown
  • HOA Fee: $0
  • HOA Frequency: $None
Location
  • Region: Erie

Financial Details

  • Price per Sqft: $236.33
  • Tax Annual Amount: $6444
  • On Market Date: 2024-05-23T00:00:00.000Z
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 $212,708 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $212,708!

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

Loan Breakdown

Assumed Mortgage7.44% Sellers Rate
$567,192
Your Cash$212,708
Total Purchase Price:$779,900

Assumed vs Traditional Mortgage

Assumed @ 7.44%
$3,961/mo
Traditional @ 7.5%
$3,992/mo
You save $31/month ($374/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1010320

Listing From: recolorado

Last updated: 2024-07-24T11:12:22.000Z

© , 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

7.44%
7.15%

Principal & Interest

$3,961 /mo
$3,848 /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 $212,708 (27%)
You can enter any amount below - secondary financing will cover the difference if needed.
27%
$

You cover the entire equity of $212,708!

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

Loan Breakdown

Assumed Mortgage7.44% Sellers Rate
$567,192
Your Cash$212,708
Total Purchase Price:$779,900

Assumed vs Traditional Mortgage

Assumed @ 7.44%
$3,961/mo
Traditional @ 7.5%
$3,992/mo
You save $31/month ($374/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.