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$1,117,000

($529,450 down)
VA

8171 S Homesteader Drive, Morrison, CO 80465

4
4
3,165 sqft
PITI Monthly
$3,507.88 /mo

Listing courtesy of: Kristi Bringle, RE/MAX Professionals

Assumed Rate

2.94%
7.15%

Principal & Interest

$2,673 /mo
$4,316 /mo
$69,097 in interest paid off

What's Special

REMODELED
SERENE
SPACIOUS
MODERN
HARDWOOD FLOORS
GRANITE COUNTERTOPS
MASTER SUITE
MOUNTAIN VIEWS
Welcome to your tranquil mountain retreat just off Highway 285, where a serene 2-acre property awaits amidst towering pines and a soothing waterfall
feature. This inviting multi-level home offers spacious living with 3 bedrooms on the upper level and an additional oversized bedroom on the lower level,
perfect for privacy or hosting guests. Step into the heart of the home and discover a kitchen that blends functionality with elegance, boasting new
appliances, granite countertops, a tasteful tile backsplash, and multiple ovens ideal for entertaining. The kitchen flows seamlessly into the... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.94
Remaining Loan Term
26 years, 2 months
Monthly PITI
$3,507.88/mo
Estimated Loan Balance
$1,061,910
Cash to close
$529,450
Interest Paid
$69,097

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Attic Fan
  • Heating: Electric, Hot Water, Natural Gas
Features
  • Materials: Brick, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Electric, Family Room, Gas, Primary Bedroom
  • Flooring: Carpet, Tile, Wood

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Mountain Contemporary
Materials
  • Brick, Frame
  • Roof: Composition
Condition
  • Year Built: 2002
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Homestead
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Morrison

Financial Details

  • Price per Sqft: $352.92
  • Tax Annual Amount: $6416
  • On Market Date: Feb 24, 2025
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Savings Calculator

Current cash to close is $529,450 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$
0%20%50%

You cover the entire equity of $529,450!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$587,550
Your Cash$529,450
Total Purchase Price:$1,117,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$2,673/mo
Traditional @ 7.15%
$4,476/mo
You save $1,803/month ($21,638/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4010295

Listing From: recolorado

Last updated: Apr 24, 2025 09:19pm

© 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

2.94%
7.15%

Principal & Interest

$2,673 /mo
$4,316 /mo
$69,097 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 $529,450 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$
0%20%50%

You cover the entire equity of $529,450!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$587,550
Your Cash$529,450
Total Purchase Price:$1,117,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$2,673/mo
Traditional @ 7.15%
$4,476/mo
You save $1,803/month ($21,638/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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