Cheryl Riley

Cheryl Riley

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Closed

$440,000

($72,022 down)
VA

514 Grand Estates Drive UNIT 2, Estes Park, CO 80517

2
2
1,116 sqft
PITI Monthly
$2,002.02 /mo

Listing courtesy of: Michael Richardson, Richardson Team Realty

Assumed Rate

3.07%
7.15%

Principal & Interest

$1,659 /mo
$2,634 /mo

What's Special

SPACIOUS
LUXURY
FIREPLACE
VAULTED CEILINGS
PATIO
COZY
SECOND HOME

Rare opportunity for main level living at Lake Meadow Condos. Impeccably cared for and freshly painted end unit. 2 bedrooms / 2 full bathrooms. Curl up in front of the cozy wood burning fireplace or take a walk to Lake Estes. Spacious great room with vaulted ceilings opens to south facing fenced patio. Primary bedroom suite has full private bath and opens to the patio. Laundry is conveniently located next to the bedrooms. Enjoy the luxury of the attached 1 car garage. Only 1 mile to downtown Estes Park. Just minutes from Rocky Mountain National Park. Excellent second home or starter condo. Easy to show, call today for an appointment!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.07
Remaining Loan Term
26 years, 8 months
Monthly PITI
$2,002.02/mo
Estimated Loan Balance
$184,704
Cash to close
$72,022
Interest Paid
$38,547

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas, Gas Log, Living Room
  • Flooring: Carpet

Exterior

Fencing
  • Fencing: Fenced
Roof
  • Roof: Wood
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Frame
  • Roof: Wood
Condition
  • Year Built: 1986
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Lake Meadow Condos
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Lake Meadow Condo Association
  • HOA Amenities: Unknown
  • HOA Fee: $975
  • HOA Frequency: $Quarterly
Location
  • Region: Estes Park

Financial Details

  • Price per Sqft: $394.27
  • Tax Annual Amount: $2316.17
  • On Market Date: 2024-05-09T00:00:00.000Z
Inquire about this property

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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 $72,022 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $72,022!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$367,979
Your Cash$72,022
Total Purchase Price:$440,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,659/mo
Traditional @ 7.15%
$2,732/mo
You save $1,073/month ($12,879/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1009151

Listing From: recolorado

Last updated: 2024-10-01T18:04:09.000Z

© , 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

3.07%
7.15%

Principal & Interest

$1,659 /mo
$2,634 /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 $72,022 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $72,022!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$367,979
Your Cash$72,022
Total Purchase Price:$440,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,659/mo
Traditional @ 7.15%
$2,732/mo
You save $1,073/month ($12,879/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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