Laura Jewett

Laura Jewett

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$289,900

($33,587 down)
FHA

501 Cedar Avenue, Akron, CO 80720

6
2
1,661 sqft
PITI Monthly
$1,748.19 /mo

Listing courtesy of: Joseph Mattox, Berkshire Hathaway HomeServices RE of the Rockies

Assumed Rate

3.76%
7.15%

Principal & Interest

$1,256 /mo
$1,830 /mo

What's Special

SPACIOUS
DECK

Check out this amazing home built in 1919. It has 6 bedrooms and 2 bath rooms. It is situated on a large corner lot and it has a large front deck, perfect for enjoying your morning coffee and a big glass of ice tea while siting on the swing bench watching the sunset. It home has the charm rustic feel of an old farm house with a large kitchen and living room. Downstairs in the basement is a large family room that currently used as a theater for the family to get together and enjoy movie night. Upstairs you will find two bedrooms and a an amazing peaceful siting area that can be used as an office. It has built in shelving for all your books. Just off the kitchen is a fabulous mud room. Enjoy the covered porch in the back yard for BBQing. The oversize two car garage is every mans dream come true. Spacious enough for the cars and toys. The city of Akron offers recreational sports for the kids. This home would be perfect for a first time home buyer and large family.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.76
Remaining Loan Term
27 years, 0 months
Monthly PITI
$1,748.19/mo
Estimated Loan Balance
$267,504
Cash to close
$33,587
Interest Paid
$29,724

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 6
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Hot Water
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Fenced
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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
  • Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1919
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Second Henderson Addition
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Akron

Financial Details

  • Price per Sqft: $174.53
  • Tax Annual Amount: $1802
  • On Market Date: 2025-02-07T00:00:00.000Z
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 $33,587 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $33,587!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$256,313
Your Cash$33,587
Total Purchase Price:$289,900

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$1,256/mo
Traditional @ 7.5%
$1,898/mo
You save $642/month ($7,701/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC2217457

Listing From: recolorado

Last updated: 2025-03-27T18:22:20.000Z

© , 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

3.76%
7.15%

Principal & Interest

$1,256 /mo
$1,830 /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 $33,587 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $33,587!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$256,313
Your Cash$33,587
Total Purchase Price:$289,900

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$1,256/mo
Traditional @ 7.5%
$1,898/mo
You save $642/month ($7,701/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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