Laura Jewett

Laura Jewett

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$325,000

($91,719 down)
VA

898 PHELPS Avenue, Canon City, CO 81212

3
2
2,041 sqft
PITI Monthly
$1,426.11 /mo

Listing courtesy of: Tyson Cool, Properties of Colorado Real Estate Inc

Assumed Rate

3.17%
7.15%

Principal & Interest

$1,099 /mo
$1,722 /mo

What's Special

DINING
FIREPLACE
SOAKING TUB

Take a look at this nice 3 bedroom, 2 bath home on a corner lot. The property has a large 31x23 shop with a 1 car space. Entering the home, you are met with a large open area between the kitchen, dining room and living room with wood burning fireplace. The first bedroom is on this portion of the home, entering the back hall there is a large laundry area. The full bath is just adjacent, with a separate soaking tub and shower. The other two bedrooms of the home are located at the end of the hall. Both are very good-sized, and the second bath connects to the main bedroom. Come take a look today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.17
Remaining Loan Term
25 years, 11 months
Monthly PITI
$1,426.11/mo
Estimated Loan Balance
$233,763
Cash to close
$91,719
Interest Paid
$31,631

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Evaporative Cooling
  • Heating: Forced Air
Features
  • Materials: Other
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room
  • Flooring: Concrete, Linoleum

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Wood
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Mountain Contemporary
Materials
  • Other
  • Roof: Wood
Condition
  • Year Built: 1965
Details
  • Builder:

Community & HOA

Community
  • Subdivision: KELLER SUB
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Canon City

Financial Details

  • Price per Sqft: $159.24
  • Tax Annual Amount: $2130
  • On Market Date: 2025-03-25T00:00:00.000Z
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 $91,719 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $91,719!

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

Loan Breakdown

Assumed Mortgage3.17% Sellers Rate
$233,281
Your Cash$91,719
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 3.17%
$1,099/mo
Traditional @ 7.5%
$1,786/mo
You save $688/month ($8,255/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7387170

Listing From: recolorado

Last updated: 2025-03-26T18:13:21.000Z

© , 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

3.17%
7.15%

Principal & Interest

$1,099 /mo
$1,722 /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 $91,719 (28%)
You can enter any amount below - secondary financing will cover the difference if needed.
28%
$

You cover the entire equity of $91,719!

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

Loan Breakdown

Assumed Mortgage3.17% Sellers Rate
$233,281
Your Cash$91,719
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 3.17%
$1,099/mo
Traditional @ 7.5%
$1,786/mo
You save $688/month ($8,255/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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