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Closed
Closed

$490,000

($353,145 down)
FHA

45 Fitzsimmons Road, Bailey, CO 80421

3
1
1,424 sqft
PITI Monthly
$1,182.95 /mo

Listing courtesy of: Joel Wenblad, NAV Real Estate

Assumed Rate

3.84%
7.15%

Principal & Interest

$805 /mo
$1,161 /mo
$58,057 in interest paid off

What's Special

HIGH-END FINISHES
FIREPLACE
SOAKING TUB
BALCONY
MOUNTAIN VIEWS
COZY
TURNKEY
FULLY FURNISHED
Welcome home to intelligently designed, banana belt living in Bailey, Colorado. This cozy mountain cabin is move in ready and less than an hour from
the city. The centerpiece of the living area is the moss rock propane fireplace, and there is also a wood burning stove to keep you cozy all winter. This
earth sheltered mountain retreat features a passive solar heating system and 15-inch-thick walls for minimal heating and cooling costs. The detached
office space with heat and power just off the front porch would be perfect for an office to work from home. This home features many upd... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.84
Remaining Loan Term
20 years, 3 months
Monthly PITI
$1,182.95/mo
Estimated Loan Balance
$45,983
Cash to close
$353,145
Interest Paid
$58,057

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Other
  • Heating: Natural Gas, Passive Solar, Radiant Floor, Wood Stove
Features
  • Materials: Concrete, Rammed Earth, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Metal
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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: Unknown
Materials
  • Concrete, Rammed Earth, Wood Siding
  • Roof: Metal
Condition
  • Year Built: 1981
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Harris Park Estates
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Bailey

Financial Details

  • Price per Sqft: $344.1
  • Tax Annual Amount: $1080
  • On Market Date: Jan 23, 2025
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Savings Calculator

Current cash to close is $353,145 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
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0%20%50%

You cover the entire equity of $353,145!

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

Loan Breakdown

Assumed Mortgage3.84% Sellers Rate
$136,855
Your Cash:$353,145
Total Purchase Price:$490,000

Assumed vs Traditional Mortgage

Assumed @ 3.84%
$805/mo
Traditional @ 7.15%
$1,204/mo
You save $399/month ($4,791/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC2740128

Listing From: recolorado

Last updated: Mar 06, 2025 11:30pm

© 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

3.84%
7.15%

Principal & Interest

$805 /mo
$1,161 /mo
$58,057 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 $353,145 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
$
0%20%50%

You cover the entire equity of $353,145!

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

Loan Breakdown

Assumed Mortgage3.84% Sellers Rate
$136,855
Your Cash:$353,145
Total Purchase Price:$490,000

Assumed vs Traditional Mortgage

Assumed @ 3.84%
$805/mo
Traditional @ 7.15%
$1,204/mo
You save $399/month ($4,791/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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