Laura Jewett

Laura Jewett

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Closed

$615,000

($286,549 down)
VA

5630 Locke Mountain Road, Florence, CO 81226

N/A
N/A
2,426 sqft
PITI Monthly
$1,731.57 /mo

Listing courtesy of: Skylar Miller, Sellstate Alliance Realty

Assumed Rate

2.68%
7.15%

Principal & Interest

$1,450 /mo
$2,421 /mo

What's Special

SPACIOUS
MODERN
LUXURY
DECK
PATIO
MOUNTAIN VIEWS
COZY

Nestled on 73.48 acres of breathtaking mountain terrain, this custom-built home seamlessly blends luxury with nature. At its heart is a Gourmet Kitchen perfect for culinary enthusiasts, boasting custom, solid wood, self-closing cabinets, a large island with a second sink, a convenient pot filler, and a dedicated bread drawer—all framed by panoramic views of Pikes Peak. This spacious 2-bedroom, 2-bathroom residence is thoughtfully designed with 2x6 construction and Insulated Concrete Forms (ICF) in the addition and basement, ensuring both durability and energy efficiency. Expansive windows flood the home with natural light and provide stunning vistas from every angle. Inside, you'll find dual washer hookups, an on-demand water heater, custom bathrooms with modern fixtures, push-button locks, and energy-saving LED lighting. The living room, featuring a bay window and a cozy wood-burning stove, offers a perfect space to unwind while enjoying mountain views. Outside, a covered front patio and rear deck are ideal for entertaining or simply appreciating the local wildlife. The property includes two stable areas that are fully fenced and ready for your livestock. Both offering ample space for horses or livestock of your choosing. Despite its peaceful seclusion, this mountain retreat is conveniently close to Florence, providing both tranquility and accessibility.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.68
Remaining Loan Term
25 years, 11 months
Monthly PITI
$1,731.57/mo
Estimated Loan Balance
$330,591
Cash to close
$286,549
Interest Paid
$37,459

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 0
  • Bathrooms: 0
Cooling & Heating
  • Cooling: None
  • Heating: Floor Furnace, Wood Stove
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Fenced Pasture
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Cistern, Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: Composition
Condition
  • Year Built: 2002
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Locke Mountain
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Locke Mountain
  • HOA Amenities: Unknown
  • HOA Fee: $450
  • HOA Frequency: $Annually
Location
  • Region: Florence

Financial Details

  • Price per Sqft: $253.5
  • Tax Annual Amount: $1378
  • On Market Date: 2024-10-11T00:00:00.000Z
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 $286,549 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $286,549!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$328,451
Your Cash$286,549
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$1,450/mo
Traditional @ 7.5%
$2,511/mo
You save $1,061/month ($12,734/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3080613

Listing From: recolorado

Last updated: 2024-11-13T16:29:16.000Z

© , 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

2.68%
7.15%

Principal & Interest

$1,450 /mo
$2,421 /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 $286,549 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $286,549!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$328,451
Your Cash$286,549
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$1,450/mo
Traditional @ 7.5%
$2,511/mo
You save $1,061/month ($12,734/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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