121 Ferris
Erie, CO 80516
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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.
🏦 Loan Details
- List Price
- $699,000
- Assumable Rate
- 3.08%
- Remaining Balance
- $304,998
- Loan Type
- VA
- Est. Equity Gap
- $394,002
- Annual Taxes
- $7,946
- HOA/mo
- $112
About This Home
There’s something exciting about finding the home with the right space, the right location, and the right opportunity.\r \r Set on a spacious corner lot directly across from parks, baseball fields, playgrounds, a bike park, and a skate park, 121 Ferris Lane offers the kind of everyday lifestyle buyers search for in this neighborhood — at a value rarely available here. With generous living spaces, soaring ceilings, flexible loft and basement areas, and a layout designed for real life, this home already has the foundation for something truly special.\r \r The loft is ready for gaming nights, homework sessions, or quiet reading afternoons. The finished basement creates space for movie marathons, football Sundays, or hosting friends with ease. Outside, the backyard invites gardening, grilling, and sunset evenings while the surrounding community keeps you connected to neighborhood pools, local coffee shops, restaurants, farmers markets, and town events just minutes away.\r \r Priced below comparable homes in the area, this property presents a unique opportunity for buyers willing to bring their own style and vision over time. While there’s room to make updates and personalize the home, the value here is undeniable — offering size, location, lifestyle, and long-term potential at an approachable price point in one of Erie’s most sought-after communities.\r \r For buyers looking to create a home that reflects them while building equity along the way, this may be the opportunity that feels increasingly hard to find. Step inside and imagine what’s possible.
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.
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