Laura Jewett

Laura Jewett

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Closed

$418,000

($87,383 down)
FHA

415 Main Street, Cripple Creek, CO 80813

4
4
2,242 sqft
PITI Monthly
$1,908.81 /mo

Listing courtesy of: Thomas Tucker, Orchard Brokerage LLC

Assumed Rate

2.87%
7.15%

Principal & Interest

$1,462 /mo
$2,381 /mo

What's Special

SERENE
ENTERTAINMENT
GAME ROOM
PATIO
HISTORIC
CHARMING

** 3% Assumable FHA Loan ** Discover a unique and rare gem at 415 Main St, Cripple Creek, CO, right in the heart of historic Cripple Creek. This captivating 4-bedroom, 4-bathroom residence offers themed rooms, making it an ideal setup for a B&B, VRBO (Airbnb), or simply a charming place to call home. VERY LOW PROPERTY TAXES!!! The main floor features a primary bedroom with a luxurious bath, ensuring comfort and convenience. Recent upgrades include a stunning NEW ¾ Gauge Copper Metal Roof, NEW exterior paint, a newly painted fence, and updated windows. The home boasts a large game room perfect for entertaining and a custom kitchen that any chef would adore. Step outside to a generously sized backyard with multiple private areas, offering a serene escape. Enjoy the covered back patio for outdoor relaxation and entertainment in your private yard. This special property offers endless options and possibilities. Living at 415 Main St places you among Cripple Creek's highest casinos and premier hotels, including the luxurious Chamonix. Savor delicious meals at nearby restaurants like Saltgrass and don't miss visiting the famous 4-legged 2 Mile High Club. Whether you’re looking to run a successful hospitality business or find a distinctive home, 415 Main St provides an extraordinary opportunity in a vibrant community.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.87
Remaining Loan Term
26 years, 5 months
Monthly PITI
$1,908.81/mo
Estimated Loan Balance
$331,286
Cash to close
$87,383
Interest Paid
$34,871

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Tile, Wood

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Metal
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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: Traditional
Materials
  • Frame
  • Roof: Metal
Condition
  • Year Built: 1900
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Hayden
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Cripple Creek

Financial Details

  • Price per Sqft: $186.44
  • Tax Annual Amount: $571
  • On Market Date: 2024-06-14T00:00:00.000Z
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 $87,383 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $87,383!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$330,617
Your Cash$87,383
Total Purchase Price:$418,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,462/mo
Traditional @ 7.5%
$2,470/mo
You save $1,008/month ($12,096/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4035028

Listing From: recolorado

Last updated: 2024-11-06T02:27:16.000Z

© , 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

2.87%
7.15%

Principal & Interest

$1,462 /mo
$2,381 /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 $87,383 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $87,383!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$330,617
Your Cash$87,383
Total Purchase Price:$418,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,462/mo
Traditional @ 7.5%
$2,470/mo
You save $1,008/month ($12,096/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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