Laura Jewett

Laura Jewett

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Closed

$570,000

($0 down)*
FHA

Potential short sale please verify with your agent.

533 Southpark Road, Highlands Ranch, CO 80126

3
4
2,331 sqft
PITI Monthly
$3,839.37 /mo

Listing courtesy of: Alexander Wojcik, Brokers Guild Homes

Assumed Rate

3.76%
7.15%

Principal & Interest

$2,900 /mo
$4,224 /mo

What's Special

INVESTORS
LOCATION
FRESH PAINT
ENTERTAINMENT
DINING
SPACIOUS
FIREPLACE
VAULTED CEILINGS
DECK
TENNIS COURTS

Be aware that this home has substantial deferred maintenance. Please note that this is a short sale. The kitchen and bathrooms need a complete facelift, all flooring needs to be replaced, and extensive updates are required throughout the house. While the roof was replaced in February 2022 and the furnace, AC, and garage door were updated in 2020, the exterior will need fresh paint before closing. This fixer-upper offers an excellent location with the convenience of walking to Northridge Elementary School and access to 4 recreation centers with fitness facilities, tennis courts, pools, ball fields, and trails through 8600 acres of open space. Perfect for investors or buyers ready to take on a major renovation project, this home presents a unique opportunity to customize and restore its potential in a sought-after community. Explore this 2-story single-family home with a finished walkout basement in Highlands Ranch. This property, located on a spacious lot bordering school property with no neighbors on one side, offers great potential but requires significant work. The main level features vaulted ceilings with natural light, a living room with a wood fireplace and brick surround, a dining room, and a kitchen that opens to a back deck. The upper level includes three bedrooms, with the primary suite offering a private 3/4 bath and dual closets. The walkout basement has a large recreation room or entertainment space.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.76
Remaining Loan Term
27 years, 0 months
Monthly PITI
$3,839.37/mo
Estimated Loan Balance
$601,354
Cash to close
$0
Interest Paid
$68,628

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room, Wood Burning
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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: Composition
Condition
  • Year Built: 1983
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Highlands Ranch
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Highlands Ranch Community Association
  • HOA Amenities: Unknown
  • HOA Fee: $660
  • HOA Frequency: $Annually
Location
  • Region: Highlands Ranch

Financial Details

  • Price per Sqft: $244.53
  • Tax Annual Amount: $3954
  • On Market Date: 2024-07-16T00:00:00.000Z
Inquire about this property

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Savings Calculator

Current cash to close is $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$570,000
Your Cash$0
Total Purchase Price:$570,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$2,900/mo
Traditional @ 7.5%
$4,382/mo
You save $1,482/month ($17,781/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC6713305

Listing From: recolorado

Last updated: 2024-11-05T00:21:16.000Z

© , 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

3.76%
7.15%

Principal & Interest

$2,900 /mo
$4,224 /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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$570,000
Your Cash$0
Total Purchase Price:$570,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$2,900/mo
Traditional @ 7.5%
$4,382/mo
You save $1,482/month ($17,781/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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