Laura Jewett

Laura Jewett

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$182,776

($98,448 down)
FHA

3380 Folsom Street UNIT 115, Boulder, CO 80304

2
1
900 sqft
PITI Monthly
$819.95 /mo

Listing courtesy of: Patrick Dolan, RE/MAX of Boulder, Inc

Assumed Rate

3.5%
7.15%

Principal & Interest

$532 /mo
$800 /mo

What's Special

SHOPPING
AFFORDABLE

PART OF CITY OF BOULDER PERMANENTLY AFFORDABLE HOUSING PROGRAM. BUYER MUST QUALIFY. Fabulous two bed, one bath, 900 square foot condo within a block of bike and walk path, bus line, parks, restaurants and grocery shopping, and two preschools. Engineered hardwood flooring throughout living areas and tile in bathroom, condo is next to an open space that is great for pets.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.5
Remaining Loan Term
17 years, 8 months
Monthly PITI
$819.95/mo
Estimated Loan Balance
$84,613
Cash to close
$98,448
Interest Paid
$44,297

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard, Hot Water
Features
  • Materials: Stucco, Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Condominium
  • Architectural Style: Contemporary
Materials
  • Stucco, Wood Frame
  • Roof: Composition
Condition
  • Year Built: 1998
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Iris Hollow Condos
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Iris Hollow Condominium Assoc
  • HOA Amenities: Unknown
  • HOA Fee: $407
  • HOA Frequency: $Monthly
Location
  • Region: Boulder

Financial Details

  • Price per Sqft: $203.08
  • Tax Annual Amount: $647
  • On Market Date: 2025-02-20T00:00:00.000Z
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 $98,448 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $98,448!

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

Loan Breakdown

Assumed Mortgage3.5% Sellers Rate
$84,328
Your Cash:$98,448
Total Purchase Price:$182,776

Assumed vs Traditional Mortgage

Assumed @ 3.5%
$532/mo
Traditional @ 7.5%
$830/mo
You save $298/month ($3,577/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1026911

Listing From: recolorado

Last updated: 2025-03-22T17:05:26.000Z

© , 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

3.5%
7.15%

Principal & Interest

$532 /mo
$800 /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 $98,448 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $98,448!

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

Loan Breakdown

Assumed Mortgage3.5% Sellers Rate
$84,328
Your Cash:$98,448
Total Purchase Price:$182,776

Assumed vs Traditional Mortgage

Assumed @ 3.5%
$532/mo
Traditional @ 7.5%
$830/mo
You save $298/month ($3,577/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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