Laura Jewett

Laura Jewett

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Closed

$340,000

($251,551 down)
FHA

3006 Marion Drive, Colorado Springs, CO 80909

4
2
1,968 sqft
PITI Monthly
$1,459.13 /mo

Listing courtesy of: Tony Casados, Worth Clark Realty

Assumed Rate

6.25%
7.15%

Principal & Interest

$1,098 /mo
$1,205 /mo

What's Special

CHARMING
COZY

Welcome to your charming new home! This cozy 4-bedroom, 2-bath is perfect for those looking to add their personal touch. Nestled in a quiet area with neighborhood views of Pikes Peak, the house offers a inviting atmosphere. Though it needs a bit of TLC, it boasts great potential with its classic design and cozy layout. The kitchen, while modest, has all the essentials and can easily be updated to suit your needs. The backyard is a lovely space for gardening or creating an outdoor retreat. With a little work, this adorable home can become your dream haven!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.25
Remaining Loan Term
10 years, 11 months
Monthly PITI
$1,459.13/mo
Estimated Loan Balance
$109,508
Cash to close
$251,551
Interest Paid
$177,240

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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
  • Frame
  • Roof: Composition
Condition
  • Year Built: 1956
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Smartts
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $172.76
  • Tax Annual Amount: $1013
  • On Market Date: 2024-06-20T00:00:00.000Z
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 $251,551 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
$

You cover the entire equity of $251,551!

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

Loan Breakdown

Assumed Mortgage6.25% Sellers Rate
$88,449
Your Cash:$251,551
Total Purchase Price:$340,000

Assumed vs Traditional Mortgage

Assumed @ 6.25%
$1,098/mo
Traditional @ 7.5%
$1,250/mo
You save $151/month ($1,817/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC5913191

Listing From: recolorado

Last updated: 2024-11-06T20:16:16.000Z

© , 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

6.25%
7.15%

Principal & Interest

$1,098 /mo
$1,205 /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 $251,551 (74%)
You can enter any amount below - secondary financing will cover the difference if needed.
74%
$

You cover the entire equity of $251,551!

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

Loan Breakdown

Assumed Mortgage6.25% Sellers Rate
$88,449
Your Cash:$251,551
Total Purchase Price:$340,000

Assumed vs Traditional Mortgage

Assumed @ 6.25%
$1,098/mo
Traditional @ 7.5%
$1,250/mo
You save $151/month ($1,817/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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