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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$449,000

($203,453 down)
FHA

315 W 8th Street, Leadville, CO 80461

3
2
1,632 sqft
PITI Monthly
$1,774.54 /mo

Listing courtesy of: Amy M Tait, Centennial Ent & Real Estate, Inc

Assumed Rate

2.89%
7.15%

Principal & Interest

$1,113 /mo
$1,809 /mo
$33,141 in interest paid off

What's Special

DINING
MODERN
FIREPLACE
ONE STORY, MANY FEATURES! This adorable house has Victorian accents reminiscent of its roots, but with modern updates. Situated on the equivalent
of two city lots, there's plenty of outdoor space as well. There are three bedrooms, 1 1/2 baths, an updated kitchen and some updated flooring. The two
car garage has plenty of room for indoor vehicle storage as well as gear. Many updates have been made over the years to make this house modern,
but still with some Victorian charm such as the original fireplace and mantle and built-ins in the dining room.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.89
Remaining Loan Term
25 years, 6 months
Monthly PITI
$1,774.54/mo
Estimated Loan Balance
$254,727
Cash to close
$203,453
Interest Paid
$33,141

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Frame, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room, Wood Burning Stove
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Unknown
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: Victorian
Materials
  • Frame, Vinyl Siding
  • Roof: Composition
Condition
  • Year Built: 1898
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Stevens & Leiter
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Leadville

Financial Details

  • Price per Sqft: $275.12
  • Tax Annual Amount: $3661
  • On Market Date: Aug 09, 2024
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Savings Calculator

Current cash to close is $203,453 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
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0%20%50%

You cover the entire equity of $203,453!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$245,547
Your Cash$203,453
Total Purchase Price:$449,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,113/mo
Traditional @ 7.15%
$1,876/mo
You save $763/month ($9,154/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC6970826

Listing From: recolorado

Last updated: Feb 28, 2025 10:10pm

© 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

2.89%
7.15%

Principal & Interest

$1,113 /mo
$1,809 /mo
$33,141 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 $203,453 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$
0%20%50%

You cover the entire equity of $203,453!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$245,547
Your Cash$203,453
Total Purchase Price:$449,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,113/mo
Traditional @ 7.15%
$1,876/mo
You save $763/month ($9,154/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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