Laura Jewett

Laura Jewett

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Closed

$950,000

($596,320 down)
VA

50 Road P78, Bailey, CO 80421

5
5
4,276 sqft
PITI Monthly
$2,243.68 /mo

Listing courtesy of: Katie Spodyak, RE/MAX Professionals

Assumed Rate

3.72%
7.15%

Principal & Interest

$1,795 /mo
$2,627 /mo

What's Special

DINING
FINISHED BASEMENT
FLEX SPACE
COZY

Welcome home! This rare ranch style home is situated on nearly 2.5 picturesque acres in Bailey, Colorado. The open and bright main floor features 3 bedrooms and 3 bathrooms including a luxurious private primary suite as well as an expansive dining room and additional office/flex space. The unique partially finished basement features cozy rustic finishes and offers an additional 2 bedrooms and 2 bathrooms, living space, kitchenette and private entrance providing flexibility for multi-generational living or potential rental space. As if that isn't enough, the garage is something you must see to believe! Massive bay with space for RV or tandem parking with additional side door as well as 2-car and 1-car oversized bays allowing ample room for shop/work space. Soaring ceilings and ample lighting will make working on your hobbies a dream in this one-of-a-kind garage. Accessed off of County Road 43 which runs along the breathtaking Deer Creek Valley, you'll be spoiled by your easy commute likely taking in views of elk, deer, and even moose!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.72
Remaining Loan Term
24 years, 10 months
Monthly PITI
$2,243.68/mo
Estimated Loan Balance
$612,576
Cash to close
$596,320
Interest Paid
$71,077

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 5
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air, Propane
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Metal
Parking
  • Garage: Yes
  • Garage Spaces: 5
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Private, Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Modular
Materials
  • Frame, Wood Siding
  • Roof: Metal
Condition
  • Year Built: 1997
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $222.17
  • Tax Annual Amount: $2789
  • On Market Date: 2024-09-06T00:00:00.000Z
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 $596,320 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $596,320!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$353,680
Your Cash:$596,320
Total Purchase Price:$950,000

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$1,795/mo
Traditional @ 7.5%
$2,725/mo
You save $930/month ($11,163/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC6141391

Listing From: recolorado

Last updated: 2024-10-01T18:16:00.000Z

© , 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

3.72%
7.15%

Principal & Interest

$1,795 /mo
$2,627 /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 $596,320 (63%)
You can enter any amount below - secondary financing will cover the difference if needed.
63%
$

You cover the entire equity of $596,320!

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

Loan Breakdown

Assumed Mortgage3.72% Sellers Rate
$353,680
Your Cash:$596,320
Total Purchase Price:$950,000

Assumed vs Traditional Mortgage

Assumed @ 3.72%
$1,795/mo
Traditional @ 7.5%
$2,725/mo
You save $930/month ($11,163/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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