1022 Mason
FHA Assumable
2.98% Rate
50 photos
Click to enlarge

1022 Mason

Fort Collins, CO 80524

2
Bedrooms
1
Bathrooms
740
Sq Ft

Payment Calculator

$2,158per month

In an assumption, your down payment covers the seller's equity. You'll need at least 5% of the purchase price in cash, and the rest can be covered with secondary financing.

How much can you bring down?$20,950
$20,950$158,610
Secondary Financing8.5% Rate
$137,660
Blended rate4.88% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,516/mo
Assumable @ 2.98% + gap
$2,158/mo
$358less per month
$358
per month
$4,296
per year
$128,865
over 30 years

🏦 Loan Details

List Price
$418,999
Assumable Rate
2.98%
Remaining Balance
$261,457
Loan Type
FHA
Est. Equity Gap
$158,610
Annual Taxes
$2,373
HOA/mo
$285

About This Home

The most affordable single-family home within 2 miles of Old Town Fort Collins and it's actually remodeled. Built in 1899 with character that can't be replicated, this 740 sq ft 2-bed home blends historic charm with modern updates. The original hardwood floors were refinished and are genuinely one of a kind. The kitchen was rebuilt in a custom style that nods to the home's 1899 roots with a modern touch. Fresh interior paint and touched up exterior, freshly stained decks, freshly trimmed trees, and landscaping throughout give the curb appeal to match.\r Upstairs you'll find two large bedrooms with a generous closet. Downstairs offers a spacious living room, full kitchen, and a bathroom with in-unit laundry.\r The backyard is the real story. Sitting on a nearly 7,000 sq ft lot, there's real room to build an ADU, add a garage, plant gardens, or make it your own. A detached workshop with its own 100-amp electrical panel, a separate detached shed, custom extra-tall handmade privacy fence, hot tub, landscaped patio with firepit seating, a well for irrigation, and alley access make this yard as functional as it is enjoyable. Zoned commercial-residential, the flexibility here is real.\r Walk to Old Town dining, bars, and shopping. Walk to the Cache La Poudre River for fishing, kayaking, and floating.\r This is the rare one. Property is zoned CS zoning for commercial uses in addition to residential. Historic bones, thoughtful updates, a nearly 7,000 sq ft lot with two outbuildings and room to grow, and a location most Fort Collins buyers can't afford to be this close to.

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
$418,999
2.98% rateFHASave $1,333/mo

Request a Tour or Talk With an Agent

Schedule a showing or talk with our team

Or reach us directly:

📞 (719) 624-3472