291 Maddox
VA Assumable
4.82% Rate
50 photos
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291 Maddox

Erie, CO 80516

5
Bedrooms
4
Bathrooms
2,876
Sq Ft

Payment Calculator

$4,345per 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?$40,745
$40,745$151,236
Secondary Financing8.5% Rate
$110,491
Blended rate5.34% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$4,893/mo
Assumable @ 4.82% + gap
$4,345/mo
$548less per month
$548
per month
$6,578
per year
$197,354
over 30 years

🏦 Loan Details

List Price
$814,900
Assumable Rate
4.82%
Remaining Balance
$664,683
Loan Type
VA
Est. Equity Gap
$151,236
Annual Taxes
$7,556
HOA/mo
$89

About This Home

Light! Bright! Open Floorplan! This popular Stonehaven model from Lennar offers a 2-story living room that is open to the spacious kitchen and dining area! White quartz counters and white cabinets show beautifully with the stainless appliances and white backsplash! In addition to the abundance of cabinets, there is a generous pantry! Throughout the main floor is a tasteful LVP hard surface flooring and brand new carpeting in the bedrooms and stairs! The views from the main living areas to the back are of open fields and mountains! A media room / study area is just off the kitchen tucked away yet not secluded. A main floor bedroom / home office is in front and a 3/4 bathroom gives full function to the floorplan. Walk outside to the covered deck, perfect for outdoor eating and entertaining. The private location is a perfect setting for the included hot tub, and the landscaping is superior to most in the community with an abundance of trees and shrubs. Upstairs, the primary suite overlooks the same fields and mountains without all the neighbors behind! An opulent primary bathroom provides two separate sinks, vanities, and walk-in closets! Three other bedrooms upstairs, two sharing a Jack 'n' Jill bathroom and one full bathroom for the other bedroom. Leased solar panels reduce your electric bills! The prime location of this house is at the end of the cul-de-sac, with no houses on one side and only one house farther back in behind this location, provides a level of privacy not often found in newer home communities. Morgan Hill has a beautiful park area and swimming pool, with a future park area nearby this house.

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
$814,900
4.82% rateVASave $1,205/mo

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