Laura Jewett

Laura Jewett

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Closed

$395,000

($180,355 down)
VA

508 Front Street, Leadville, CO 80461

1
1
1,370 sqft
PITI Monthly
$1,270.81 /mo

Listing courtesy of: Heather Lindh, ASPEN LEAF REALTY

Assumed Rate

3.08%
7.15%

Principal & Interest

$980 /mo
$1,555 /mo

What's Special

REMODELED
FENCED YARD
CHARMING
COZY

Charming one-bedroom, one-bath home nestled in downtown Leadville, boasting two expansive lots for ample outdoor space and potential future expansion. This cozy residence features a fenced yard, offering privacy and a secure environment. Inside, you'll find a nicely remodeled home and a basement presents additional opportunities, ideal for a potential bedroom or extra living space to suit your needs. Perfectly situated for those seeking a quaint retreat with the convenience of downtown living.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.08
Remaining Loan Term
26 years, 1 months
Monthly PITI
$1,270.81/mo
Estimated Loan Balance
$142,604
Cash to close
$180,355
Interest Paid
$26,643

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Natural Gas, Wall Furnace, Wood Stove
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Basement, Gas Log, Living Room, Wood Burning Stove
  • Flooring: Unknown

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: Unknown
Materials
  • Frame, Wood Siding
  • Roof: Metal
Condition
  • Year Built: 1888
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Oro Addition
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Leadville

Financial Details

  • Price per Sqft: $288.32
  • Tax Annual Amount: $1685
  • On Market Date: 2024-06-27T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $180,355 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $180,355!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$214,645
Your Cash$180,355
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$980/mo
Traditional @ 7.5%
$1,613/mo
You save $632/month ($7,586/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC6543435

Listing From: recolorado

Last updated: 2024-10-01T18:09:55.000Z

© , 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

3.08%
7.15%

Principal & Interest

$980 /mo
$1,555 /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 $180,355 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $180,355!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$214,645
Your Cash$180,355
Total Purchase Price:$395,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$980/mo
Traditional @ 7.5%
$1,613/mo
You save $632/month ($7,586/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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