Cheryl Riley

Cheryl Riley

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$330,000

($8,418 down)
VA

43 Minnehaha Road, Red Feather Lakes, CO 80545

3
2
851 sqft
PITI Monthly
$2,401.84 /mo

Listing courtesy of: Cora Hall, Lone Pine Realty

Assumed Rate

6.82%
7.15%

Principal & Interest

$2,123 /mo
$2,195 /mo

What's Special

SPACIOUS
RENOVATED
HARDWOOD FLOORS
FIREPLACE
DECK
CHARMING
COZY
NO HOA

Bring your tools and vision to this charming opportunity in the heart of Red Feather Lakes Village! This partially renovated cabin is ready for your expertise to complete its transformation. Nestled near the village yet offering a private retreat, this property is a true diamond in the rough, brimming with potential. The cabin features a well, septic vault, and original hardwood floors. Before renovations, the upper level included two bedrooms and a 3/4 bathroom, while the main floor currently has one bedroom and a 3/4 bathroom. The owner's renovation plans reimagined the upper level as a spacious room with a relocated bathroom, enhancing the layout and functionality. Start your mornings on one of the cozy decks-whether savoring coffee or diving into a favorite book and unwind during cooler months by the warmth of the wood fireplace. The garage provides ample space for tools, gear, and essentials. Don't miss this chance to make this hidden gem your own, with no HOA to restrict your vision!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.82
Remaining Loan Term
29 years, 1 months
Monthly PITI
$2,401.84/mo
Estimated Loan Balance
$322,459
Cash to close
$8,418
Interest Paid
$20,230

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Unknown
  • Heating: Baseboard, Wall Furnace, Wood Stove
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Well
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: 1952
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Ramona Heights
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Red Feather Lakes

Financial Details

  • Price per Sqft: $387.78
  • Tax Annual Amount: $1545
  • On Market Date: 2025-04-08T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $8,418 (3%)
You can enter any amount below - secondary financing will cover the difference if needed.
3%
$

You cover the entire equity of $8,418!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$321,582
Your Cash$8,418
Total Purchase Price:$330,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$2,123/mo
Traditional @ 7.15%
$2,277/mo
You save $154/month ($1,846/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1030549

Listing From: recolorado

Last updated: 2025-04-11T18:04:20.000Z

© , 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

6.82%
7.15%

Principal & Interest

$2,123 /mo
$2,195 /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 $8,418 (3%)
You can enter any amount below - secondary financing will cover the difference if needed.
3%
$

You cover the entire equity of $8,418!

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

Loan Breakdown

Assumed Mortgage6.82% Sellers Rate
$321,582
Your Cash$8,418
Total Purchase Price:$330,000

Assumed vs Traditional Mortgage

Assumed @ 6.82%
$2,123/mo
Traditional @ 7.15%
$2,277/mo
You save $154/month ($1,846/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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