360 Marlowe
VA Assumable
5.41% Rate
50 photos
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360 Marlowe

Erie, CO 80516

3
Bedrooms
3
Bathrooms
1,701
Sq Ft

Payment Calculator

$3,204per month
No secondary financing needed

The equity gap on this property ($25,006) is less than 5% of the purchase price ($29,750). Your down payment covers the full gap with no second mortgage required.

Down payment$25,006
Effective rate5.41% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,573/mo
Assumable @ 5.41%
$3,204/mo
$369less per month
$369
per month
$4,422
per year
$132,665
over 30 years

🏦 Loan Details

List Price
$595,000
Assumable Rate
5.41%
Remaining Balance
$569,994
Loan Type
VA
Est. Equity Gap
$25,006
Annual Taxes
$5,833
HOA/mo
$89

About This Home

Welcome home to this beautifully maintained 3-bedroom, 3-bathroom residence with mountain views in the desirable Morgan Hill community of Erie. Built in 2020, this 1,701 sq ft two-story home offers a spacious open floor plan with high ceilings, luxury vinyl flooring, and large picture windows that flood the home with natural light. The main level features a welcoming living room flanked by a generously sized eat-in kitchen complete with a quartz island, gas stove, dark cabinetry, pantry, and newer appliances—perfect for everyday living and entertaining. Upstairs, the primary bedroom includes a full en suite and a large walk-in closet. Two additional bedrooms, a full bath, and a convenient upstairs laundry room to complete the second level. Enjoy peace of mind with newer roof installed 2023. The huge fenced, xeriscape backyard with patio provides a low-maintenance outdoor space ideal for entertaining or relaxing. New homeowner has the option to add grass or customize the backyard to suit their preferences. A 2-car garage adds convenience and additional storage racks. Morgan Hill residents enjoy an amazing community pool, maintained parks, and scenic trails with gorgeous mountain views, all maintained by the HOA. Ideally located close to I-25 and within walking distance to downtown Erie’s restaurants, shops, and events. This move-in-ready home offers low-maintenance living in a prime location—perfect for enjoying the Colorado lifestyle.

Data Source: REcolorado MLS

Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.

This listing
$595,000
5.41% rateVASave $200/mo

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