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Closed
Closed

$699,000

($447,944 down)
VA

27525 State Highway 86, Simla, CO 80835

3
2
2,003 sqft
PITI Monthly
$1,576.46 /mo

Listing courtesy of: Deborah Ullom, Lifetime Properties

Assumed Rate

3.45%
7.15%

Principal & Interest

$1,227 /mo
$1,857 /mo
$45,087 in interest paid off

What's Special

DECK
60 acre near new Home on the Range! The deer and antelope really do roam. Even a few turkeys. With 3 bedrooms and 2 bathrooms on the main level
and the basement is nearly finished. Potential for 2 more bedrooms down there plus a workshop area and Family room with built ins. 2 wells on this
property along with water rights determination. Front and rear decks are built with timbertech materials to stand the test of weather and time. Pastures
already have water systems in place along with solar power to the well supply as a backup. Well has a filtration system installed. The drive... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.45
Remaining Loan Term
25 years, 0 months
Monthly PITI
$1,576.46/mo
Estimated Loan Balance
$544,724
Cash to close
$447,944
Interest Paid
$45,087

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air, Propane
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: 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: Mountain Contemporary
Materials
  • Wood Siding
  • Roof: Metal
Condition
  • Year Built: 2019
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Rural
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Simla

Financial Details

  • Price per Sqft: $348.98
  • Tax Annual Amount: $2191
  • On Market Date: Aug 07, 2024
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Savings Calculator

Current cash to close is $447,944 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$
0%20%50%

You cover the entire equity of $447,944!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$251,056
Your Cash:$447,944
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,227/mo
Traditional @ 7.15%
$1,927/mo
You save $699/month ($8,393/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3257378

Listing From: recolorado

Last updated: Dec 07, 2024 02:40am

© 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

3.45%
7.15%

Principal & Interest

$1,227 /mo
$1,857 /mo
$45,087 in interest paid off
Inquire about this property
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​
​
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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 $447,944 (64%)
You can enter any amount below - secondary financing will cover the difference if needed.
64%
$
0%20%50%

You cover the entire equity of $447,944!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$251,056
Your Cash:$447,944
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,227/mo
Traditional @ 7.15%
$1,927/mo
You save $699/month ($8,393/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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