Laura Jewett

Laura Jewett

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Closed

$285,000

($136,772 down)
VA

420 Macon Avenue, Canon City, CO 81212

2
1
1,272 sqft
PITI Monthly
$924.97 /mo

Listing courtesy of: Jennifer Gatzke, HomeSmart Preferred Realty

Assumed Rate

2.77%
7.15%

Principal & Interest

$667 /mo
$1,101 /mo

What's Special

DINING
RENOVATED

Welcome home to this lovely 2 bedroom, 1 bathroom brick home built in 1898 with 1272 sq ft on the main level and partial cellar. This home was fully renovated in 2016, and has been updated even more with a new sewer line, high-efficiency furnace with air conditioning installed in 2020, hot water heater replaced in 2023, and new carpet just installed in living and dining rom! You will love the bright and airy feeling home radiates with its character-filled curved walls, large double pane windows, crown moulding, and high ceilings. Full bath is a Jack-and-Jill between the two large bedrooms, with mosaic tile flooring and subway tile. Also includes 1.5 car semi-attached garage with barn doors for projects, more storage, or toys! Beautiful high-end kitchen with tile floor, soft close cabinetry, solid-surface Corian countertops, and all kitchen appliances, along with stacked washer/dryer are included! Conveniently located in downtown Canon City, just one block from the library and Main Street. Very nice .12 acre lot with fenced backyard, and drive gate for alley access to garage. This home is filled with charm inside and out, with covered front porch and decorative awning adding to the curb appeal with rocked yard and sidewalk, and is now ready for its next lucky owner!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.77
Remaining Loan Term
25 years, 9 months
Monthly PITI
$924.97/mo
Estimated Loan Balance
$151,119
Cash to close
$136,772
Interest Paid
$18,297

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
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: Unknown
Materials
  • Brick
  • Roof: Composition
Condition
  • Year Built: 1898
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Canon City
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Canon City

Financial Details

  • Price per Sqft: $224.06
  • Tax Annual Amount: $1295
  • On Market Date: 2024-12-18T00:00:00.000Z
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 $136,772 (48%)
You can enter any amount below - secondary financing will cover the difference if needed.
48%
$

You cover the entire equity of $136,772!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$148,228
Your Cash$136,772
Total Purchase Price:$285,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$667/mo
Traditional @ 7.5%
$1,142/mo
You save $475/month ($5,697/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC6055662

Listing From: recolorado

Last updated: 2025-01-31T19:58:17.000Z

© , 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

2.77%
7.15%

Principal & Interest

$667 /mo
$1,101 /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 $136,772 (48%)
You can enter any amount below - secondary financing will cover the difference if needed.
48%
$

You cover the entire equity of $136,772!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$148,228
Your Cash$136,772
Total Purchase Price:$285,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$667/mo
Traditional @ 7.5%
$1,142/mo
You save $475/month ($5,697/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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