Laura Jewett

Laura Jewett

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Closed

$575,000

($231,428 down)
VA

555 Cherrywood Drive, Longmont, CO 80504

4
4
2,201 sqft
PITI Monthly
$1,989.18 /mo

Listing courtesy of: Duane Penny, Coldwell Banker Realty-NOCO

Assumed Rate

2.98%
7.15%

Principal & Interest

$1,554 /mo
$2,496 /mo

What's Special

NEW STOVE
DINING
MODERN
HARDWOOD FLOORS
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
FIREPLACE
VAULTED CEILINGS
WALK-IN CLOSET
FINISHED BASEMENT
PATIO
NO HOA

Discover the allure of this tri-level home with unique architectural elegance, a finished basement, and NO HOA! Engineered hardwood floors cover much of the main level, including the entryway, kitchen, and dining room. Vaulted ceilings, and plenty of natural sunlight add to the charm of this home. This 4 bedroom, 4 bath, home offers ample space and modern comfort.It's located in a peaceful neighborhood with minimal traffic, and no neighbors behind. Enjoy nearby parks, trails, dog parks, and easy access to downtown amenities. Grocery stores, Star Bucks, and a Rec center with a pool are all within walking distance.Updated kitchen features granite countertops, newer stainless steel appliances, a new stove/oven, a garden window, refurbished cabinets, ample cabinet space, and large pantry. All appliances are included for a seamless move. There is a dining room with 2 windows that adjoins the kitchen.The living room boasts an elegant bay window, vaulted ceiling, architectural flair, and a coat closet. You'll savor the primary bedroom with its large south-facing window, walk-in closet, and en-suite bath with soaker tub and tile floor. All three bedrooms on the upper level have ceiling fans.There is a lower level that includes a family room, gas fireplace with built-ins, a half bath with tile floor, and a laundry area with newer washer and dryer. The finished basement features a bedroom, an adjacent three-quarter bath with a Corian vanity, a flex area for an office, and a large storage room with racks. This backyard is fully fenced and waiting for a gardener. A freshly painted covered patio adds to the appeal of this home. There is a three car garage which provides ample space for parking. This home is equipped with a high-efficiency furnace, a fully functioning radon mitigation system, and newer interior paint. A blend of desirability and practicality, this home is ready to be yours.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.98
Remaining Loan Term
26 years, 5 months
Monthly PITI
$1,989.18/mo
Estimated Loan Balance
$348,431
Cash to close
$231,428
Interest Paid
$37,990

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
Features
  • Materials: Brick, Wood Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room, Gas
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Fenced
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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
  • Brick, Wood Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1996
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Dodd
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Longmont

Financial Details

  • Price per Sqft: $261.24
  • Tax Annual Amount: $3219
  • On Market Date: 2024-11-08T00:00:00.000Z
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 $231,428 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $231,428!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$343,572
Your Cash$231,428
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,554/mo
Traditional @ 7.5%
$2,589/mo
You save $1,035/month ($12,421/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1022038

Listing From: recolorado

Last updated: 2024-12-11T01:51:16.000Z

© , 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

2.98%
7.15%

Principal & Interest

$1,554 /mo
$2,496 /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 $231,428 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $231,428!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$343,572
Your Cash$231,428
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,554/mo
Traditional @ 7.5%
$2,589/mo
You save $1,035/month ($12,421/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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