Laura Jewett

Laura Jewett

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Closed

$625,000

($245,440 down)
FHA

614 Morrison Drive, Frederick, CO 80530

5
4
3,662 sqft
PITI Monthly
$2,745.72 /mo

Listing courtesy of: Shirley Amerin, Keller Williams Preferred Realty

Assumed Rate

2.74%
7.15%

Principal & Interest

$1,779 /mo
$2,948 /mo

What's Special

SHOPPING
DINING
SPACIOUS
LUXURY
WALK-IN CLOSET
WET BAR
CHARMING

3% ASSUMABLE FHA LOAN!!! Offering $10000 Sellers Concessions!!! Stunning Ranch home with a welcoming open floor concept that seemlessly connects the living room, dining area and Gorgeous redesigned kitchen, creating spaciousness. Recently updated Gourmet kitchen, Beautiful Quartz countertops, Island, All appliances included complete with pantry. The primary suite ia a private peaceful retreat complete with a luxurious bathroom and ample closet space. Two Charming secondary bedrooms each offering comfort and coziness. Front secondary bedroom could easily be used as a live/work space private from main living area. Professionally finished second-generation luxury basement offering a high-end living experience. Primary Suite is a lavish retreat complete with a en-suite bathroom, walk-in shower, and walk-in closet. Media Room complete with wet bar perfect for enjoying movies or game nights with family and friends. Oversized Secondary bedroom provides an inviting space with walk-in closet. As you step outside, you're greeted by a lovely oversized side porch, ideal for morning coffee or evening sunsets. The sleek aesthetic of the 3 car rear load garage is perfect for parking and storage needs. Close to quaint Old Town Frederick, Schools, Shopping, Recreation Center, Easy Highway access and Parks. A True Must See Home! You Will Not Be Disappointed*New Roof & Exterior Paint 2023

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.74
Remaining Loan Term
25 years, 11 months
Monthly PITI
$2,745.72/mo
Estimated Loan Balance
$405,414
Cash to close
$245,440
Interest Paid
$46,653

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Cement Siding, Frame, Stone
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room
  • Flooring: Carpet, Tile, Vinyl

Exterior

Fencing
  • Fencing: Full
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
  • Cement Siding, Frame, Stone
  • Roof: Composition
Condition
  • Year Built: 2019
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Maple Ridge
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Maple Ridge II
  • HOA Amenities: Unknown
  • HOA Fee: $46
  • HOA Frequency: $Monthly
Location
  • Region: Frederick

Financial Details

  • Price per Sqft: $170.67
  • Tax Annual Amount: $5885
  • On Market Date: 2024-05-09T00:00:00.000Z
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 $245,440 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$

You cover the entire equity of $245,440!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$379,560
Your Cash$245,440
Total Purchase Price:$625,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,779/mo
Traditional @ 7.5%
$3,058/mo
You save $1,278/month ($15,339/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8654245

Listing From: recolorado

Last updated: 2024-10-01T18:04:19.000Z

© , 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

2.74%
7.15%

Principal & Interest

$1,779 /mo
$2,948 /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 $245,440 (39%)
You can enter any amount below - secondary financing will cover the difference if needed.
39%
$

You cover the entire equity of $245,440!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$379,560
Your Cash$245,440
Total Purchase Price:$625,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,779/mo
Traditional @ 7.5%
$3,058/mo
You save $1,278/month ($15,339/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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