Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$485,000

($323,889 down)
FHA

721 Hiawatha Highway, Red Feather Lakes, CO 80545

3
2
1,792 sqft
PITI Monthly
$1,458.3 /mo

Listing courtesy of: Samantha Beck, Summit Real Estate & Marketing

Assumed Rate

4.05%
7.15%

Principal & Interest

$948 /mo
$1,333 /mo

What's Special

SERENE
NO HOA

Escape the hustle and bustle of city life and make your home in the serene mountain town of Red Feather Lakes. This ranch style home is perfect for FULL TIME living with NO HOA restrictions. Situated between two private fishing lakes, sitting on .36 acres you'll find an inviting interior with 3 bedrooms and 2 baths providing plenty of space for family and guests. The 2-car detached garage offers ample storage for all of your outdoor gear. Well and septic w/ leach field, new smart lighting throughout the house, new windows and new flooring ready to be installed. All furnishings are negotiable.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.05
Remaining Loan Term
20 years, 5 months
Monthly PITI
$1,458.3/mo
Estimated Loan Balance
$161,916
Cash to close
$323,889
Interest Paid
$69,491

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Unknown
  • Heating: Forced Air, Propane, Wood Stove
Features
  • Materials: Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Metal
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Wood Frame
  • Roof: Metal
Condition
  • Year Built: 1974
Details
  • Builder:

Community & HOA

Community
  • Subdivision: HIAWATHA HEIGHTS
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Red Feather Lakes

Financial Details

  • Price per Sqft: $270.65
  • Tax Annual Amount: $2447.15
  • On Market Date: 2024-05-17T00:00:00.000Z
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 $323,889 (67%)
You can enter any amount below - secondary financing will cover the difference if needed.
67%
$

You cover the entire equity of $323,889!

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

Loan Breakdown

Assumed Mortgage4.05% Sellers Rate
$161,111
Your Cash:$323,889
Total Purchase Price:$485,000

Assumed vs Traditional Mortgage

Assumed @ 4.05%
$948/mo
Traditional @ 7.5%
$1,383/mo
You save $435/month ($5,217/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1009787

Listing From: recolorado

Last updated: 2024-10-01T18:04:50.000Z

© , 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

4.05%
7.15%

Principal & Interest

$948 /mo
$1,333 /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 $323,889 (67%)
You can enter any amount below - secondary financing will cover the difference if needed.
67%
$

You cover the entire equity of $323,889!

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

Loan Breakdown

Assumed Mortgage4.05% Sellers Rate
$161,111
Your Cash:$323,889
Total Purchase Price:$485,000

Assumed vs Traditional Mortgage

Assumed @ 4.05%
$948/mo
Traditional @ 7.5%
$1,383/mo
You save $435/month ($5,217/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.