Laura Jewett

Laura Jewett

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Closed

$319,900

($35,205 down)
VA

50 N Ely Street, Colorado Springs, CO 80911

4
2
1,664 sqft
PITI Monthly
$1,529.29 /mo

Listing courtesy of: Jason Daniels, Finch & Gable Real Estate Company

Assumed Rate

2.84%
7.15%

Principal & Interest

$1,259 /mo
$2,059 /mo

What's Special

LOCATION
SHOPPING
DINING
SPACIOUS
PATIO
CHARMING
COZY

Welcome to this charming and well-kept bi-level home in the desirable Widefield Heights neighborhood! Offering 4 bedrooms and 2 bathrooms, this home boasts a bright and inviting upper level with a spacious living room, a cozy dining area, and a kitchen featuring stone countertops and ceramic tile flooring. The upper floor also includes two well-sized bedrooms and a full bathroom. The lower level offers a comfortable family room, two additional bedrooms, a 3/4 bath, and a convenient laundry room. Step outside to enjoy a large covered patio, perfect for entertaining or relaxing, along with a sizable backyard. The attached 1-car garage provides added convenience. Situated close to schools, parks, and shopping, this home offers both comfort and a prime location for easy living.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.84
Remaining Loan Term
26 years, 6 months
Monthly PITI
$1,529.29/mo
Estimated Loan Balance
$286,443
Cash to close
$35,205
Interest Paid
$29,174

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Other
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 1966
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Widefield Heights
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $192.25
  • Tax Annual Amount: $1441
  • On Market Date: 2024-10-10T00:00:00.000Z
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 $35,205 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $35,205!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$284,695
Your Cash$35,205
Total Purchase Price:$319,900

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,259/mo
Traditional @ 7.5%
$2,136/mo
You save $877/month ($10,520/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC9664862

Listing From: recolorado

Last updated: 2025-01-17T17:46:16.000Z

© , 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

2.84%
7.15%

Principal & Interest

$1,259 /mo
$2,059 /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 $35,205 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$

You cover the entire equity of $35,205!

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

Loan Breakdown

Assumed Mortgage2.84% Sellers Rate
$284,695
Your Cash$35,205
Total Purchase Price:$319,900

Assumed vs Traditional Mortgage

Assumed @ 2.84%
$1,259/mo
Traditional @ 7.5%
$2,136/mo
You save $877/month ($10,520/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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