Laura Jewett

Laura Jewett

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Closed

$427,500

($19,360 down)
FHA

720 Main Street, Frederick, CO 80530

3
3
1,578 sqft
PITI Monthly
$3,019.88 /mo

Listing courtesy of: Janet McTague, Downtown Real Estate Brokers

Assumed Rate

5.22%
7.15%

Principal & Interest

$2,329 /mo
$2,858 /mo

What's Special

LOCATION
DINING
MOVE-IN READY

Welcome to this lovely Townhome in Old Town Frederick. From the moment you step inside this updated gem, you'll notice the abundance of natural light that flows throughout. The main level has jaw-dropping front range views and an open floor plan that includes the living room, dining room, kitchen and half bath. Upstairs you'll find the primary bedroom with en-suite, dual closets and unobstructed views of the snow capped mountains! There are two additional bedrooms and a second full bath on the upper level as well. The basement has the laundry room and a great storage area. And check out the oversized two car garage! This home has super low HOA ($56/mo) and NO METRO DISTRICT. Recent upgrades include a new roof(2020), new HVAC/furnace (2020), new hot water heater (2021), new laminate flooring (2022), new blinds throughout (2023), new dishwasher (2023), and new washer/dryer (2023). This home is move-in ready and the location simply can't be beat! It is just steps to Centennial Park with open space, trails and a fitness loop, and to the neighborhood schools, to the brand new Silverstone Marketplace - anchored by the new King Soopers and to the downtown area with coffee shops, breweries and restaurants. Downtown events happen just blocks from your front door including Miners Day, 4th of July celebration, the Farmers Market and others. If you've ever wanted the biking, walking lifestyle, this is it!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.22
Remaining Loan Term
27 years, 6 months
Monthly PITI
$3,019.88/mo
Estimated Loan Balance
$408,691
Cash to close
$19,360
Interest Paid
$54,264

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
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: Townhouse
  • Architectural Style: Unknown
Materials
  • Wood Frame
  • Roof: Composition
Condition
  • Year Built: 1995
Details
  • Builder:

Community & HOA

Community
  • Subdivision: GROVE TOWNHOMES
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Grove Townhomes HOA
  • HOA Amenities: Unknown
  • HOA Fee: $56
  • HOA Frequency: $Monthly
Location
  • Region: Frederick

Financial Details

  • Price per Sqft: $270.91
  • Tax Annual Amount: $2893
  • On Market Date: 2025-02-26T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $19,360 (5%)
You can enter any amount below - secondary financing will cover the difference if needed.
5%
$

You cover the entire equity of $19,360!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$408,140
Your Cash$19,360
Total Purchase Price:$427,500

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$2,329/mo
Traditional @ 7.5%
$2,965/mo
You save $636/month ($7,629/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1027233

Listing From: recolorado

Last updated: 2025-04-03T16:11:20.000Z

© , 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

5.22%
7.15%

Principal & Interest

$2,329 /mo
$2,858 /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 $19,360 (5%)
You can enter any amount below - secondary financing will cover the difference if needed.
5%
$

You cover the entire equity of $19,360!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$408,140
Your Cash$19,360
Total Purchase Price:$427,500

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$2,329/mo
Traditional @ 7.5%
$2,965/mo
You save $636/month ($7,629/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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