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Closed
Closed

$415,000

($217,445 down)
FHA

575 N Pine Drive, Bailey, CO 80421

2
1
864 sqft
PITI Monthly
$1,578.18 /mo

Listing courtesy of: Dwight Cabalka, RE/MAX Professionals

Assumed Rate

3.71%
7.15%

Principal & Interest

$1,148 /mo
$1,682 /mo
$83,564 in interest paid off

What's Special

REMODELED
LOCATION
SHOPPING
ENTERTAINMENT
GRANITE COUNTERTOPS
DECK
QUIET NEIGHBORHOOD
Move-in-ready home in Friendship Ranch!! This home has been fully remodeled and is in a fabulous location just a short, 2-mile drive from US-285 – all
on paved roads! The following are all BRAND-NEW… Enlarged Kitchen with new cabinets and hardware, new slab granite countertops, new
stainless-steel appliances (all included!), new sink and faucet, and new lighting! The Great Room is outfitted with a wood-burning stove, new
stacked-stone tile surround, ceiling fan, and vaulted ceiling! Conveniently located between the bedrooms, you’ll find an updated Full Bath ... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.71
Remaining Loan Term
19 years, 11 months
Monthly PITI
$1,578.18/mo
Estimated Loan Balance
$202,836
Cash to close
$217,445
Interest Paid
$83,564

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Wood Burning Stove
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
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: Contemporary
Materials
  • Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1993
Details
  • Builder:

Community & HOA

Community
  • Subdivision: : Friendship Ranch
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Bailey

Financial Details

  • Price per Sqft: $480.32
  • Tax Annual Amount: $1245
  • On Market Date: Oct 06, 2024
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Savings Calculator

Current cash to close is $217,445 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$
0%20%50%

You cover the entire equity of $217,445!

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

Loan Breakdown

Assumed Mortgage3.71% Sellers Rate
$197,555
Your Cash:$217,445
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 3.71%
$1,148/mo
Traditional @ 7.15%
$1,745/mo
You save $597/month ($7,166/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC1843120

Listing From: recolorado

Last updated: Dec 23, 2024 03:48pm

© 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

3.71%
7.15%

Principal & Interest

$1,148 /mo
$1,682 /mo
$83,564 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 $217,445 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$
0%20%50%

You cover the entire equity of $217,445!

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

Loan Breakdown

Assumed Mortgage3.71% Sellers Rate
$197,555
Your Cash:$217,445
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 3.71%
$1,148/mo
Traditional @ 7.15%
$1,745/mo
You save $597/month ($7,166/year)

*Secondary financing rates are an estimated value based on input

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