Laura Jewett

Laura Jewett

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$155,000

($27,143 down)
FHA

456 Lo Meadow Lane, Bailey, CO 80421

N/A
N/A
sqft
PITI Monthly
$1,740.07 /mo

Listing courtesy of: Vicki Wimberly, Coldwell Banker Realty 28

Assumed Rate

5.62%
7.15%

Principal & Interest

$1,330 /mo
$1,562 /mo

What's Special

LOCATION
DINING
MODERN
PLAYGROUND
CHARMING
INVESTMENT OPPORTUNITY

Discover the possibilities on this expansive 2.23-acre vacant land in Bailey, Colorado, offering a canvas for your dream home or getaway retreat. Nestled in the heart of nature, this property is both usable and buildable, presenting a versatile landscape with panoramic views of rolling hills and mountain vistas. Immerse yourself in nature's playground with access to nearby hiking trails, fishing spots, and various recreational opportunities suitable for all seasons. This prime location strikes the perfect balance between rural serenity and urban convenience, providing easy access to local shops, dining, and essential services while maintaining a secluded atmosphere for tranquility and privacy. With 2.23 acres at your disposal, this property offers endless potential for development. Whether you envision a charming cabin, a modern residence, or a vacation escape, this land accommodates your dream project. The parcel is part of a growing community in Bailey, making it an excellent investment opportunity with a thriving real estate market. Seize the chance to own a piece of Bailey's natural beauty and design the living space you've always dreamed of. Embrace a lifestyle of tranquility and adventure. Schedule a viewing today and let your imagination come to life on this remarkable vacant land. Located at the end of a county maintained road, with electricity and natural gas available. Great potential for development. Your dream oasis awaits in Bailey, Colorado.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.62
Remaining Loan Term
10 years, 2 months
Monthly PITI
$1,740.07/mo
Estimated Loan Balance
$130,031
Cash to close
$27,143
Interest Paid
$208,806

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms:
  • Bathrooms:
Cooling & Heating
  • Cooling: Unknown
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Unimproved Land
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built:
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Burland Ranchettes
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Bailey

Financial Details

  • Price per Sqft: $155,000
  • Tax Annual Amount: $1152
  • On Market Date: 2024-02-15T00:00:00.000Z
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 $27,143 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $27,143!

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

Loan Breakdown

Assumed Mortgage5.62% Sellers Rate
$127,857
Your Cash$27,143
Total Purchase Price:$155,000

Assumed vs Traditional Mortgage

Assumed @ 5.62%
$1,330/mo
Traditional @ 7.5%
$1,620/mo
You save $290/month ($3,475/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC6563034

Listing From: recolorado

Last updated: 2024-10-04T19:44:16.000Z

© , 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

5.62%
7.15%

Principal & Interest

$1,330 /mo
$1,562 /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 $27,143 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $27,143!

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

Loan Breakdown

Assumed Mortgage5.62% Sellers Rate
$127,857
Your Cash$27,143
Total Purchase Price:$155,000

Assumed vs Traditional Mortgage

Assumed @ 5.62%
$1,330/mo
Traditional @ 7.5%
$1,620/mo
You save $290/month ($3,475/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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