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Closed
Closed

$700,000

($329,319 down)
FHA

211 Chalet Drive, Black Hawk, CO 80422

3
3
2,688 sqft
PITI Monthly
$2,193.26 /mo

Listing courtesy of: Mike Lynch, Madison & Company Properties

Assumed Rate

2.87%
7.15%

Principal & Interest

$1,645 /mo
$2,680 /mo
$40,130 in interest paid off

What's Special

STAINLESS STEEL APPLIANCES
FIREPLACE
DECK
PLAYGROUND
MOUNTAIN VIEWS
CHARMING
COZY
A Hidden Gem with Vast Potential, nestled on 1.6 acres usable land has incredible views. Boasting 2688 square feet of living space, this home is
perfectly designed to host and entertain and is waiting for someone to bring their vision and create the perfect mountain oasis. Each of the 3 Bedrooms
are generously sized and has an additional space that could be used for a fourth bedroom but is being marketed as an office. Updated Kitchen with The
kitchen is a chef's dream, featuring sleek stainless steel appliances, a massive island for meal preps and gatherings, and exquisite cabinet... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.87
Remaining Loan Term
26 years, 4 months
Monthly PITI
$2,193.26/mo
Estimated Loan Balance
$389,284
Cash to close
$329,319
Interest Paid
$40,130

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room, Gas, Pellet Stove, Recreation Room
  • Flooring: Tile, Vinyl, Wood

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Architecural Shingle, Metal
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Contemporary
Materials
  • Wood Siding
  • Roof: Architecural Shingle, Metal
Condition
  • Year Built: 1997
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Chalet Park #2
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Black Hawk

Financial Details

  • Price per Sqft: $260.42
  • Tax Annual Amount: $1202
  • On Market Date: Sep 04, 2024
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Savings Calculator

Current cash to close is $329,319 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$
0%20%50%

You cover the entire equity of $329,319!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$370,681
Your Cash$329,319
Total Purchase Price:$700,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,645/mo
Traditional @ 7.15%
$2,780/mo
You save $1,135/month ($13,617/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC9110763

Listing From: recolorado

Last updated: Oct 23, 2024 03:14am

© 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

$1,645 /mo
$2,680 /mo
$40,130 in interest paid off
Inquire about this property
​
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​
​
​

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 $329,319 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$
0%20%50%

You cover the entire equity of $329,319!

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

Loan Breakdown

Assumed Mortgage2.87% Sellers Rate
$370,681
Your Cash$329,319
Total Purchase Price:$700,000

Assumed vs Traditional Mortgage

Assumed @ 2.87%
$1,645/mo
Traditional @ 7.15%
$2,780/mo
You save $1,135/month ($13,617/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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