Laura Jewett

Laura Jewett

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Closed

$345,000

($36,581 down)
FHA

405 11th Street, Gilcrest, CO 80623

3
2
1,316 sqft
PITI Monthly
$1,864.48 /mo

Listing courtesy of: Daniel Kuhlman, JPAR Modern Real Estate

Assumed Rate

2.84%
7.15%

Principal & Interest

$1,359 /mo
$2,222 /mo

What's Special

MODERN
LUXURY
FENCED YARD
NO HOA

Please note that the photos are from a previous listing and do not accurately reflect the current condition. This home is tenant occupied and could use some cleaning up. Updated 3 bedroom tri-level home with 2 bathrooms and a big fenced yard. The kitchen features new laminate countertops, neutral beige painted cabinets and black appliances. The list of home updates includes a new roof, 3-year old storm windows, and recently completed exterior paint. 2 year old luxury vinyl flooring throughout. New furnace and new smoke alarms. Two sunny bedrooms and a full bathroom on the upper level. The upstairs bathroom upgrades include modern lighting, new vanity and a tiled bathtub surround. In the lowest level you'll find a bright family room and a private bedroom with attached 3/4 bath and combined laundry area. The fenced back yard includes car and camper access. No HOA!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.84
Remaining Loan Term
26 years, 7 months
Monthly PITI
$1,864.48/mo
Estimated Loan Balance
$322,708
Cash to close
$36,581
Interest Paid
$30,756

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Evaporative Cooling
  • Heating: Forced Air
Features
  • Materials: Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Fenced
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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: 1979
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Stockton
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Gilcrest

Financial Details

  • Price per Sqft: $262.16
  • Tax Annual Amount: $1475
  • On Market Date: 2024-08-13T00:00:00.000Z
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 $36,581 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $36,581!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$308,419
Your Cash$36,581
Total Purchase Price:$345,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,359/mo
Traditional @ 7.5%
$2,304/mo
You save $946/month ($11,351/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1016362

Listing From: recolorado

Last updated: 2024-10-01T18:13:59.000Z

© , 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

2.84%
7.15%

Principal & Interest

$1,359 /mo
$2,222 /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 $36,581 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $36,581!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$308,419
Your Cash$36,581
Total Purchase Price:$345,000

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,359/mo
Traditional @ 7.5%
$2,304/mo
You save $946/month ($11,351/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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