Laura Jewett

Laura Jewett

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Closed

$465,000

($76,785 down)
FHA

388 Valley Avenue, Brighton, CO 80603

3
2
1,747 sqft
PITI Monthly
$2,442.67 /mo

Listing courtesy of: Karrie Clark, Resident Realty South Metro

Assumed Rate

2.87%
7.15%

Principal & Interest

$1,734 /mo
$2,825 /mo

What's Special

DESIRED
SERENE
SHOPPING
DINING
GRANITE COUNTERTOPS
WALK-IN CLOSET
SEPARATE SHOWER
HISTORIC

Discover the allure of contemporary living in Lochbuie, Colorado with this captivating 3-bedroom, 2-bathroom home located at 388 Valley Ave. Perfectly positioned on a corner lot, this 1,747 sq ft residence boasts a seamless open kitchen concept, complete with durable LVP flooring, elegant granite countertops with large pantry and all appliances, including a much-desired gas range stove. Large Living Room and Dining Area. Primary bath has oval tub separate shower and large walk-in Closet. Freshly painted interior and newer carpet. LED lighting throughout interior and exterior. Situated just moments from the serene Barr Lake State Park, the charm of Historic Downtown Brighton, and a variety of shopping destinations, this home promises both comfort and convenience. Embrace the perfect blend of style and locality in your new Lochbuie retreat.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.87
Remaining Loan Term
26 years, 5 months
Monthly PITI
$2,442.67/mo
Estimated Loan Balance
$409,663
Cash to close
$76,785
Interest Paid
$41,379

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Laminate, Wood

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, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 2015
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Blue Lake
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: MSI
  • HOA Amenities: Unknown
  • HOA Fee: $85
  • HOA Frequency: $Quarterly
Location
  • Region: Brighton

Financial Details

  • Price per Sqft: $266.17
  • Tax Annual Amount: $2945
  • On Market Date: 2024-05-19T00:00:00.000Z
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 $76,785 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $76,785!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$388,215
Your Cash$76,785
Total Purchase Price:$465,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,734/mo
Traditional @ 7.5%
$2,930/mo
You save $1,196/month ($14,353/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4063342

Listing From: recolorado

Last updated: 2024-10-01T18:05:23.000Z

© , 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

2.87%
7.15%

Principal & Interest

$1,734 /mo
$2,825 /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 $76,785 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $76,785!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$388,215
Your Cash$76,785
Total Purchase Price:$465,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,734/mo
Traditional @ 7.5%
$2,930/mo
You save $1,196/month ($14,353/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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