Laura Jewett

Laura Jewett

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Closed

$220,000

($54,136 down)
FHA

722 Old Fort Place, Fort Morgan, CO 80701

3
1
1,056 sqft
PITI Monthly
$1,080.93 /mo

Listing courtesy of: Mariel Munoz, Armor Realty

Assumed Rate

2.74%
7.15%

Principal & Interest

$741 /mo
$1,227 /mo

What's Special

CHARMING

This charming home is ideally located in the heart of town. Offering convenient access to both the local hospital and schools. With a functional layout, the home features newer floor coverings with plenty of natural light. This home presents an excellent opportunity for both comfort and convenience.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.74
Remaining Loan Term
25 years, 11 months
Monthly PITI
$1,080.93/mo
Estimated Loan Balance
$166,945
Cash to close
$54,136
Interest Paid
$19,416

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Air Conditioning-Room
  • Heating: Gravity
Features
  • Materials: Vinyl Siding, Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Fenced
Roof
  • Roof: Composition
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
  • Vinyl Siding, Wood Frame
  • Roof: Composition
Condition
  • Year Built: 1954
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Subd: OLD FORT ADD
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Fort Morgan

Financial Details

  • Price per Sqft: $208.33
  • Tax Annual Amount: $740
  • On Market Date: 2024-12-18T00:00:00.000Z
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 $54,136 (25%)
You can enter any amount below - secondary financing will cover the difference if needed.
25%
$

You cover the entire equity of $54,136!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$165,864
Your Cash$54,136
Total Purchase Price:$220,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$741/mo
Traditional @ 7.5%
$1,273/mo
You save $532/month ($6,384/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1023556

Listing From: recolorado

Last updated: 2025-04-04T03:31:21.000Z

© , 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

$741 /mo
$1,227 /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 $54,136 (25%)
You can enter any amount below - secondary financing will cover the difference if needed.
25%
$

You cover the entire equity of $54,136!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$165,864
Your Cash$54,136
Total Purchase Price:$220,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$741/mo
Traditional @ 7.5%
$1,273/mo
You save $532/month ($6,384/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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