Laura Jewett

Laura Jewett

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Closed

$350,000

($266,972 down)
FHA

505 Badger Trail, Florissant, CO 80816

3
2
1,350 sqft
PITI Monthly
$962.09 /mo

Listing courtesy of: Adam Bullock, Keller Williams Clients Choice Realty

Assumed Rate

3.98%
7.15%

Principal & Interest

$630 /mo
$893 /mo

What's Special

SERENE
HARDWOOD FLOORS
VAULTED CEILINGS
DECK
COZY
NO HOA
INVESTMENT OPPORTUNITY

Nestled in the scenic Indian Creek neighborhood of Florissant, Colorado, this captivating mountain home embodies everything that makes living in Colorado so great. Just minutes from Lake George, and 11-mile reservoir, this 3-bedroom, 2-bathroom home covers 1,350 square feet on just over 4-acres of wooded and rocked landscape. Whether you seek a serene getaway or an investment opportunity, this home boasts access to hiking trails right in your backyard, county-maintained roads, and no HOA. Inside, the natural wood finishes complement the cozy ambiance, with a large living room featuring hardwood floors, vaulted ceilings, and a wood-burning stove. The kitchen boasts wooden countertops, plenty of cabinetry, a small desk area, and an attached sunroom with access to the wrap-around deck, offering spectacular views of the surrounding landscape. The primary bedroom features vaulted ceilings, two closets for all your clothes, and an attached full bathroom, while two additional bedrooms offer ample closet space. With a laundry room and storage aplenty, this mountain sanctuary provides you with the perfect blend of comfort, convenience, and potential.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.98
Remaining Loan Term
20 years, 4 months
Monthly PITI
$962.09/mo
Estimated Loan Balance
$108,837
Cash to close
$266,972
Interest Paid
$46,072

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Other
  • Heating: Forced Air, Propane
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Wood Burning Stove
  • Flooring: Carpet, Vinyl, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Cistern
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: 2000
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Indian Creek
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Florissant

Financial Details

  • Price per Sqft: $259.26
  • Tax Annual Amount: $1061
  • On Market Date: 2024-07-04T02:43:51.000Z
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 $266,972 (76%)
You can enter any amount below - secondary financing will cover the difference if needed.
76%
$

You cover the entire equity of $266,972!

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

Loan Breakdown

Assumed Mortgage3.98% Sellers Rate
$83,028
Your Cash:$266,972
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.98%
$630/mo
Traditional @ 7.5%
$927/mo
You save $297/month ($3,561/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7812650

Listing From: recolorado

Last updated: 2024-07-02T20:29:16.000Z

© , 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

3.98%
7.15%

Principal & Interest

$630 /mo
$893 /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 $266,972 (76%)
You can enter any amount below - secondary financing will cover the difference if needed.
76%
$

You cover the entire equity of $266,972!

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

Loan Breakdown

Assumed Mortgage3.98% Sellers Rate
$83,028
Your Cash:$266,972
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 3.98%
$630/mo
Traditional @ 7.5%
$927/mo
You save $297/month ($3,561/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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