Laura Jewett

Laura Jewett

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Closed

$530,000

($230,637 down)
VA

94 Grays Lane, Severance, CO 80550

5
4
2,513 sqft
PITI Monthly
$1,714.9 /mo

Listing courtesy of: Jack M Taylor, Group Mulberry

Assumed Rate

2.98%
7.15%

Principal & Interest

$1,346 /mo
$2,162 /mo

What's Special

REMODELED
SPACIOUS
FINISHED BASEMENT
PATIO

Experience the charm of this meticulously upgraded home, featuring a new concrete driveway and patio, fresh interior paint, cellular blackout shades, new light fixtures, new flooring, a remodeled master bathroom, and more! This spacious 5-bedroom home, complete with a finished basement, provides ample room for the entire family, ensuring everyone has their own space. For those who love the outdoors, the back patio is a true haven. It boasts a covered louvered pergola that can be enclosed with netting to keep the bugs at bay. With drop-down sides and built-in heating, you can enjoy this space year-round. Plus, it's wired for outdoor television, making it the perfect spot to catch the game in the fresh air. Ideally located directly across from a large neighborhood park and just 0.2 miles to the elementary school, this home offers stunning views both inside and out, including picturesque sights of the backyard and park. Additionally, there's space behind the fence to park your boat or camper. This beautiful home is a must-see, offering comfort, style, and convenience. Radon mitigation . As an added bonus, mineral rights are included!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.98
Remaining Loan Term
26 years, 5 months
Monthly PITI
$1,714.9/mo
Estimated Loan Balance
$400,563
Cash to close
$230,637
Interest Paid
$32,901

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
Features
  • Materials: Stone, Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Electric, Family Room, Other
  • Flooring: Vinyl

Exterior

Fencing
  • Fencing: Fenced, Partial
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: Single Family Residence
  • Architectural Style: Contemporary
Materials
  • Stone, Wood Frame
  • Roof: Composition
Condition
  • Year Built: 2005
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Summit View
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Summit View HOA
  • HOA Amenities: Unknown
  • HOA Fee: $150
  • HOA Frequency: $Annually
Location
  • Region: Severance

Financial Details

  • Price per Sqft: $210.9
  • Tax Annual Amount: $2426
  • On Market Date: 2024-08-13T00:00:00.000Z
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 $230,637 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $230,637!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$299,363
Your Cash$230,637
Total Purchase Price:$530,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,346/mo
Traditional @ 7.5%
$2,243/mo
You save $896/month ($10,757/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1016392

Listing From: recolorado

Last updated: 2025-01-30T18:51:16.000Z

© , 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

2.98%
7.15%

Principal & Interest

$1,346 /mo
$2,162 /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 $230,637 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $230,637!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$299,363
Your Cash$230,637
Total Purchase Price:$530,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,346/mo
Traditional @ 7.5%
$2,243/mo
You save $896/month ($10,757/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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