Laura Jewett

Laura Jewett

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Closed

$265,000

($85,458 down)
FHA

857 Summer Drive, Highlands Ranch, CO 80126

1
N/A
508 sqft
PITI Monthly
$1,202.89 /mo

Listing courtesy of: Justin Bauer, Topa Homes

Assumed Rate

2.83%
7.15%

Principal & Interest

$810 /mo
$1,326 /mo

What's Special

SHOPPING
STAINLESS STEEL APPLIANCES
FIREPLACE

Great open unit in desirable Sugarmill in Highlands Ranch! Home features skylight in the living room, comfortable master bedroom with the master bath inside, stainless steel appliances, central air, and wood burning fireplace. Located just off of Highland Ranch Pkwy. Use of all Highlands Ranch Recreation Centers is included in HOA Fees. Owner occupied. Reserved Covered Parking, abundance of guest parking, close to restaurants, shopping and walking paths. Come and check it out!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.83
Remaining Loan Term
25 years, 9 months
Monthly PITI
$1,202.89/mo
Estimated Loan Balance
$180,313
Cash to close
$85,458
Interest Paid
$22,535

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 0
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Wood Burning
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: Yes
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Condominium
  • Architectural Style: Urban Contemporary
Materials
  • Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1984
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Sugarmill
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: HRCA
  • HOA Amenities: Unknown
  • HOA Fee: $168
  • HOA Frequency: $Quarterly
Location
  • Region: Highlands Ranch

Financial Details

  • Price per Sqft: $521.65
  • Tax Annual Amount: $1245
  • On Market Date: 2024-10-26T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $85,458 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $85,458!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$179,542
Your Cash$85,458
Total Purchase Price:$265,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$810/mo
Traditional @ 7.5%
$1,376/mo
You save $566/month ($6,789/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC2029514

Listing From: recolorado

Last updated: 2025-01-20T14:38:16.000Z

© , 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

2.83%
7.15%

Principal & Interest

$810 /mo
$1,326 /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 $85,458 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $85,458!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$179,542
Your Cash$85,458
Total Purchase Price:$265,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$810/mo
Traditional @ 7.5%
$1,376/mo
You save $566/month ($6,789/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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