Laura Jewett

Laura Jewett

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$299,900

($42,318 down)
FHA

405 Mono Place, Colorado Springs, CO 80910

3
1
841 sqft
PITI Monthly
$1,976.77 /mo

Listing courtesy of: Ashley Blasius ABR MRP , Cornerstone Real Estate Team

Assumed Rate

6.43%
7.15%

Principal & Interest

$1,650 /mo
$1,776 /mo

What's Special

SHOPPING
COZY

Looking for a starter home or investment property? This corner-lot stucco rancher in the Eastlake subdivision may fit the bill perfectly! Although this cozy home is smaller in size, it's big in potential! This property features a Living Room; a walk-out Kitchen with stainless steel/black appliances and breakfast bar; 3 Bedrooms; a full Bath; and Laundry Room. You'll appreciate the two separate driveways with 4 available parking spots, along with an OVERSIZED private concrete backyard that would be great for relaxing and entertaining! There's a double-fenced gate providing easy access to added parking and storage of vehicles/RV's/misc! A/C; NEW INTERIOR PAINT; 3 STORAGE SHEDS! Close to schools, parks, and shopping. Check out the Virtual Walk Through Tour and schedule a showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.43
Remaining Loan Term
28 years, 3 months
Monthly PITI
$1,976.77/mo
Estimated Loan Balance
$257,850
Cash to close
$42,318
Interest Paid
$29,305

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring:

Exterior

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

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1954
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $356.6
  • Tax Annual Amount: $678
  • On Market Date: 2025-04-02T21:43:00.000Z
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 $42,318 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $42,318!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$257,582
Your Cash$42,318
Total Purchase Price:$299,900

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$1,650/mo
Traditional @ 7.5%
$1,842/mo
You save $192/month ($2,307/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 8634933

Listing From:

Last updated: 2025-03-09T17:38:31.000Z

© , PPMLS. 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.

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Assumed Rate

6.43%
7.15%

Principal & Interest

$1,650 /mo
$1,776 /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 $42,318 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $42,318!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$257,582
Your Cash$42,318
Total Purchase Price:$299,900

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$1,650/mo
Traditional @ 7.5%
$1,842/mo
You save $192/month ($2,307/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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