Laura Jewett

Laura Jewett

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Closed

$350,000

($236,489 down)
FHA

635 W Prospect Road, Fort Collins, CO 80526

3
1
1,152 sqft
PITI Monthly
$1,091.97 /mo

Listing courtesy of: Brendan Mahoney, At Home Realty

Assumed Rate

4.35%
7.15%

Principal & Interest

$825 /mo
$1,119 /mo

What's Special

LOCATION
FIREPLACE
FENCED YARD
MATURE TREES

Great location right across from CSU. This home has a lot of potential but will need a compete remodel. This could be a great rental, fix and flip, or fix and live in. The windows are newer double pane and the furnace is also newer. The large moss rock fireplace has a blower. Fenced yard with mature trees. It is being sold via personal representatives deed and there is not a seller's property disclosure. Please take proper precautions when visiting the home as there is evidence of mold and animal excrement. Due to the condition of the home the seller is looking for an as-is offer being cash, construction or private financing. This home is a great opportunity for the right person.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.35
Remaining Loan Term
15 years, 7 months
Monthly PITI
$1,091.97/mo
Estimated Loan Balance
$115,959
Cash to close
$236,489
Interest Paid
$88,859

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Evaporative Cooling
  • Heating: Forced Air
Features
  • Materials: Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Tar/Gravel
Parking
  • Garage: No
  • Garage Spaces:
  • 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
  • Wood Frame
  • Roof: Tar/Gravel
Condition
  • Year Built: 1960
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Arthur C. Sheely
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Fort Collins

Financial Details

  • Price per Sqft: $303.82
  • Tax Annual Amount: $
  • On Market Date: 2024-11-20T00:00:00.000Z
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 $236,489 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$

You cover the entire equity of $236,489!

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

Loan Breakdown

Assumed Mortgage4.35% Sellers Rate
$113,511
Your Cash:$236,489
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 4.35%
$825/mo
Traditional @ 7.5%
$1,161/mo
You save $336/month ($4,031/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1022567

Listing From: recolorado

Last updated: 2024-12-23T23:01:16.000Z

© , 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

4.35%
7.15%

Principal & Interest

$825 /mo
$1,119 /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 $236,489 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$

You cover the entire equity of $236,489!

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

Loan Breakdown

Assumed Mortgage4.35% Sellers Rate
$113,511
Your Cash:$236,489
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 4.35%
$825/mo
Traditional @ 7.5%
$1,161/mo
You save $336/month ($4,031/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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