Laura Jewett

Laura Jewett

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Closed

$530,000

($223,554 down)
FHA

3063 Distant Rock Avenue, Castle Rock, CO 80109

4
3
2,042 sqft
PITI Monthly
$2,273.72 /mo

Listing courtesy of: Liesel Wilbur, 8z Real Estate

Assumed Rate

2.81%
7.15%

Principal & Interest

$1,536 /mo
$2,522 /mo

What's Special

MODERN
STAINLESS STEEL APPLIANCES

This property is eligible for the Collective Mortgage Buyers Choice Incentive Program. Buyers can choose from two great options: A 1-year, 1% Temporary Rate Buydown, where for the first 12 months, your rate will be 1% lower. For example, if the current interest rate is 6.125%, you'll enjoy a 5.125% rate for the first year, after which it adjusts to 6.125%. OR A credit equal to 1% of the loan amount, which can be applied toward a permanent interest rate buy-down. To qualify, buyers must be approved and close their mortgage with my preferred lender, Rachel Stevens at Collective Mortgage. Stunning 4-bedroom paired home is located in The Meadows of Castle Rock, CO. This beautifully maintained property is low maintenance and features a large 1st floor den (could be used as 5th bedroom) a 2-car garage, a modern kitchen equipped with stainless steel appliances, a gas stove, and a smart fridge. The kitchen is accented with elegant cherry wood cabinets, making it both stylish and functional. The home is equipped with an Echo-B thermostat and a Nest doorbell, offering smart home convenience. Ceiling fans throughout ensure comfort in every room. Located in a desirable neighborhood, this home is perfect for those seeking a blend of modern amenities and classic charm. Don't miss your chance to make this your new home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.81
Remaining Loan Term
26 years, 1 months
Monthly PITI
$2,273.72/mo
Estimated Loan Balance
$407,418
Cash to close
$223,554
Interest Paid
$39,365

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, 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: Unknown
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 2020
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Meadows
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Meadows Homeowner's Association
  • HOA Amenities: Unknown
  • HOA Fee: $81
  • HOA Frequency: $Monthly
Location
  • Region: Castle Rock

Financial Details

  • Price per Sqft: $259.55
  • Tax Annual Amount: $3673
  • On Market Date: 2024-07-31T00:00:00.000Z
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 $223,554 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $223,554!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$306,446
Your Cash$223,554
Total Purchase Price:$530,000

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$1,536/mo
Traditional @ 7.5%
$2,616/mo
You save $1,080/month ($12,958/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4950835

Listing From: recolorado

Last updated: 2024-10-01T20:29:16.000Z

© , 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

2.81%
7.15%

Principal & Interest

$1,536 /mo
$2,522 /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 $223,554 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $223,554!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$306,446
Your Cash$223,554
Total Purchase Price:$530,000

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$1,536/mo
Traditional @ 7.5%
$2,616/mo
You save $1,080/month ($12,958/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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