1020 Longs Peak
FHA Assumable
4.88% Rate
50 photos
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1020 Longs Peak

Longmont, CO 80501

3
Bedrooms
1
Bathrooms
1,533
Sq Ft

Payment Calculator

$3,519per 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?$26,500
$26,500$384,048
Secondary Financing8.5% Rate
$357,548
Blended rate7.45% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,182/mo
Assumable @ 4.88% + gap
$3,519/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$530,000
Assumable Rate
4.88%
Remaining Balance
$145,319
Loan Type
FHA
Est. Equity Gap
$384,048
Annual Taxes
$3,327
HOA/mo
$125

About This Home

A special opportunity to own in one of Longmont's most coveted historic Old Town neighborhoods, this charming 1920's bungalow is just 1 block from the beloved Roosevelt Park, 2 blocks from Central elementary, and 5 blocks to Main St. Framed by mature trees, the covered front porch features an inviting porch swing that beckons residents to slow down and chat with neighbors passing by on their evening walk with the dog. Inside, the bright, inviting open-plan features an arched walkway, true to homes built in this iconic era, high ceilings, hardwood flooring, and a wood-burning stove. The exterior and 1-car detached garage have been updated with a brand-new Class 4 shingle roof with a 25-year transferable warranty, new gutters, and a freshly painted exterior in a modern color scheme. New carpet, new kitchen and bath flooring, new lighting, and freshly painted throughout in a soft white color palette. The flexible lower-level offers plenty of space for a music studio, home office, or play area. Resting on a sizeable, corner lot fully lined with a charming white picket fence. With its unmatched Old Town location, timeless bungalow character, and proximity to parks, shops, and dining, this home is a special opportunity to live in one of Longmont's prime neighborhoods. OPEN HOUSE Sunday 06/07/26 11am - 1pm. The Personal Representative lives out of state; therefore, offers will be reviewed on Monday, June 8th.

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
$530,000
4.88% rateFHASave $1,956/mo

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