Laura Jewett

Laura Jewett

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$320,000

($157,297 down)
VA

523 Monarch Drive, Cripple Creek, CO 80813

3
2
1,491 sqft
PITI Monthly
$900.93 /mo

Listing courtesy of: Jacob Thetford, Keller Williams Clients Choice Realty

Assumed Rate

2.77%
7.15%

Principal & Interest

$723 /mo
$1,193 /mo

What's Special

ENTERTAINMENT
SPACIOUS
DECK
CHARMING
COZY

Welcome to your mountain getaway! Picture yourself driving up to this charming home, surrounded by tall evergreens and with views of bright aspens. Inside, you'll find a cozy living area where a wood-burning stove beckons you to unwind. The kitchen is right nearby, complete with a gas range and plenty of space for cooking up your favorite meals. The master bedroom is your own personal hideaway, with a spacious bathroom that's perfect for relaxing in the tub after a day of hiking or horseback riding. Step outside onto the front deck and take in the sweeping views of your 4-acre property that backs up to a beautiful stream. There's even storage buildings for all your outdoor gear, and the property is zoned for horses, so you can bring your four-legged friends along for the adventure. Just a short drive from Cripple Creek, you'll have easy access to restaurants, shops, and entertainment. This home is the perfect blend of comfort and nature, offering a peaceful retreat that's still close to all the action. Reach out and take a tour today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.77
Remaining Loan Term
26 years, 4 months
Monthly PITI
$900.93/mo
Estimated Loan Balance
$163,395
Cash to close
$157,297
Interest Paid
$17,224

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Propane, Wood
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Free Standing, Main Level, Wood Burning Stove
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing:
Roof
  • Roof: Metal
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Wood Siding
  • Roof: Metal
Condition
  • Year Built: 1999
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Rhyolite Area
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Cripple Creek

Financial Details

  • Price per Sqft: $214.62
  • Tax Annual Amount: $338
  • On Market Date: 2025-01-27T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $157,297 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $157,297!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$162,703
Your Cash$157,297
Total Purchase Price:$320,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$723/mo
Traditional @ 7.5%
$1,237/mo
You save $514/month ($6,172/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7822858

Listing From: recolorado

Last updated: 2025-04-02T22:28:21.000Z

© , 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

2.77%
7.15%

Principal & Interest

$723 /mo
$1,193 /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 $157,297 (49%)
You can enter any amount below - secondary financing will cover the difference if needed.
49%
$

You cover the entire equity of $157,297!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$162,703
Your Cash$157,297
Total Purchase Price:$320,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$723/mo
Traditional @ 7.5%
$1,237/mo
You save $514/month ($6,172/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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