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Closed
Closed

$437,500

($112,974 down)
FHA

1117 Lavender Avenue, Loveland, CO 80537

3
3
1,587 sqft
PITI Monthly
$1,990.41 /mo

Listing courtesy of: Richard Burlingame, Mountain State Realty

Assumed Rate

2.87%
7.15%

Principal & Interest

$1,455 /mo
$2,371 /mo
$35,498 in interest paid off

What's Special

REMODELED
SHOPPING
DINING
SPACIOUS
MODERN
WALK-IN CLOSET
PATIO
FENCED YARD
LANDSCAPED
SPRINKLER SYSTEM
CHARMING
Discover this beautifully remodeled 3-bedroom duplex, featuring modern updates and stylish finishes throughout. The home boasts new appliances,
including a gas stove, along with upgraded kitchen counters and flooring. Its open floor plan seamlessly connects the kitchen to the living room,
creating an inviting space perfect for everyday living and entertaining. A separate dining room enhances the home's 1,580 square feet of living space.
Upstairs, you'll find all three bedrooms, including a spacious primary suite complete with a private full bathroom and a walk-in closet. The ... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.87
Remaining Loan Term
26 years, 4 months
Monthly PITI
$1,990.41/mo
Estimated Loan Balance
$338,210
Cash to close
$112,974
Interest Paid
$35,498

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick, Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Fenced
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
  • Brick, Wood Frame
  • Roof: Composition
Condition
  • Year Built: 2001
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Thompson Valley Second Sub
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Thompson Valley Center South
  • HOA Amenities: Unknown
  • HOA Fee: $150
  • HOA Frequency: $Quarterly
Location
  • Region: Loveland

Financial Details

  • Price per Sqft: $275.68
  • Tax Annual Amount: $1636
  • On Market Date: Feb 10, 2025
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Savings Calculator

Current cash to close is $112,974 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$
0%20%50%

You cover the entire equity of $112,974!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$324,526
Your Cash$112,974
Total Purchase Price:$437,500

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,455/mo
Traditional @ 7.15%
$2,459/mo
You save $1,004/month ($12,045/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1026196

Listing From: recolorado

Last updated: Apr 01, 2025 03:01pm

© 2025, 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

2.87%
7.15%

Principal & Interest

$1,455 /mo
$2,371 /mo
$35,498 in interest paid off
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 $112,974 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$
0%20%50%

You cover the entire equity of $112,974!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$324,526
Your Cash$112,974
Total Purchase Price:$437,500

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,455/mo
Traditional @ 7.15%
$2,459/mo
You save $1,004/month ($12,045/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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