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Closed
Closed

$500,000

($130,411 down)
FHA

3014 Merlin Drive, Brighton, CO 80601

4
3
2,071 sqft
PITI Monthly
$2,781.61 /mo

Listing courtesy of: Carlos Escobar, Compass - Denver

Assumed Rate

3.31%
7.15%

Principal & Interest

$1,775 /mo
$2,734 /mo
$62,607 in interest paid off

What's Special

DINING
PATIO
MOTIVATED SELLER
Buyer got cold feet. MOTIVATED SELLER. Welcome home to this amazing 4 bedroom, 3 bath home located in the growing and desirable neighborhood
of Prairie Center. This property is a Richmond model and features a great floorplan. As you arrive to the home you'll be greeted by a ample 3 car
garage with large driveway and a beautiful cover patio. Inside you have an open floor-plan ideal for entertaining which feature a large kitchen with a
beautiful kitchen island, independent dining area and large family room. The upstairs offers 3 large size bedrooms, a large laundry room ... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.31
Remaining Loan Term
25 years, 1 months
Monthly PITI
$2,781.61/mo
Estimated Loan Balance
$386,717
Cash to close
$130,411
Interest Paid
$62,607

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame, Stone
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Architecural Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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: Unknown
Materials
  • Frame, Stone
  • Roof: Architecural Shingle
Condition
  • Year Built: 2020
Details
  • Builder: Richmond American Homes

Community & HOA

Community
  • Subdivision: Prairie Center
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Prairie Center Metro District
  • HOA Amenities: Unknown
  • HOA Fee: $250
  • HOA Frequency: $Quarterly
Location
  • Region: Brighton

Financial Details

  • Price per Sqft: $241.43
  • Tax Annual Amount: $6635
  • On Market Date: Jul 25, 2024
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Savings Calculator

Current cash to close is $130,411 (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 $130,411!

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

Loan Breakdown

Assumed Mortgage3.31% Sellers Rate
$369,589
Your Cash$130,411
Total Purchase Price:$500,000

Assumed vs Traditional Mortgage

Assumed @ 3.31%
$1,775/mo
Traditional @ 7.15%
$2,836/mo
You save $1,061/month ($12,732/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC9800282

Listing From: recolorado

Last updated: Nov 07, 2024 02:47pm

© 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

3.31%
7.15%

Principal & Interest

$1,775 /mo
$2,734 /mo
$62,607 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 $130,411 (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 $130,411!

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

Loan Breakdown

Assumed Mortgage3.31% Sellers Rate
$369,589
Your Cash$130,411
Total Purchase Price:$500,000

Assumed vs Traditional Mortgage

Assumed @ 3.31%
$1,775/mo
Traditional @ 7.15%
$2,836/mo
You save $1,061/month ($12,732/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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