Cheryl Riley

Cheryl Riley

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$530,000

($72,991 down)
FHA

16282 Ginger Avenue, Mead, CO 80542

4
3
2,404 sqft
PITI Monthly
$2,976.91 /mo

Listing courtesy of: Sarah Hansard, RE/MAX Nexus

Assumed Rate

3.1%
7.15%

Principal & Interest

$2,096 /mo
$3,316 /mo

What's Special

DINING
SPACIOUS
PATIO
SPRINKLER SYSTEM
TENNIS COURTS

Welcome to this spacious 4 bedroom home in wonderful Mead! Here you'll find a functional layout and plenty of space for all. This quad level offers a main level with an open kitchen, dining and family room with a large window allowing the sunlight to come right in. The kitchen has three year old stainless steal appliances including a gas stove, granite counters, pantry and wood floors. Head upstairs to find the primary bedroom with a full en suite bath and two more bedrooms that share a full bath. The lower level includes a 1/2 bath a very large rec room great for watching football and access to the back yard. The basement was permitted and has rough-ins for a future bathroom, another rec room and a bedroom. Enjoy the backyard with large paver patio, fire pit, pergola and a sprinkler system making yard work easy. This home is walking distance to highly rated Mead schools and the neighborhood park and tennis courts. Sellers have a FHA loan that could be assumable, call listing agent for details.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.1
Remaining Loan Term
26 years, 10 months
Monthly PITI
$2,976.91/mo
Estimated Loan Balance
$459,742
Cash to close
$72,991
Interest Paid
$46,643

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Fenced
Roof
  • Roof: Composition
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
  • Roof: Composition
Condition
  • Year Built: 2009
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Western Meadows
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Western Meadows HOA
  • HOA Amenities: Unknown
  • HOA Fee: $200
  • HOA Frequency: $Annually
Location
  • Region: Mead

Financial Details

  • Price per Sqft: $220.47
  • Tax Annual Amount: $4393
  • On Market Date: 2025-04-10T00:00:00.000Z
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 $72,991 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $72,991!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$457,009
Your Cash$72,991
Total Purchase Price:$530,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$2,096/mo
Traditional @ 7.15%
$3,439/mo
You save $1,343/month ($16,117/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1030687

Listing From: recolorado

Last updated: 2025-04-10T19:31:20.000Z

© , 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

3.1%
7.15%

Principal & Interest

$2,096 /mo
$3,316 /mo
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 $72,991 (14%)
You can enter any amount below - secondary financing will cover the difference if needed.
14%
$

You cover the entire equity of $72,991!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$457,009
Your Cash$72,991
Total Purchase Price:$530,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$2,096/mo
Traditional @ 7.15%
$3,439/mo
You save $1,343/month ($16,117/year)

*Secondary financing rates are an estimated value based on input

Follow Us
American Allstar Realty
Agent/Broker
Cheryl RileyAmerican Allstar Realty(602) 353-7375cheryl.m.riley@gmail.comMLS BR655878000

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than American Allstar Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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