1601 Great Western
FHA Assumable
2.84% Rate
50 photos
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1601 Great Western

Longmont, CO 80501

2
Bedrooms
3
Bathrooms
1,171
Sq Ft

Payment Calculator

$1,530per 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?$17,250
$17,250$66,771
Secondary Financing8.5% Rate
$49,521
Blended rate3.70% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,072/mo
Assumable @ 2.84% + gap
$1,530/mo
$542less per month
$542
per month
$6,500
per year
$195,005
over 30 years

🏦 Loan Details

List Price
$345,000
Assumable Rate
2.84%
Remaining Balance
$278,228
Loan Type
FHA
Est. Equity Gap
$66,771
Annual Taxes
$2,302
HOA/mo
$490

About This Home

Welcome home to this beautiful Longmont condo, perfectly nestled in the highly sought-after Riverbend at Mill Village neighborhood. Your journey begins on the private front patio, which leads you into a bright, welcoming main level. The living room immediately impresses with its soaring high ceilings and a cozy fireplace. This space flows seamlessly into an open-concept kitchen and dining area that is flooded with beautiful natural light and comes complete with a spacious pantry. Upstairs, you will find a peaceful primary bedroom suite boasting its own private ensuite 3/4 bath, alongside a comfortable second bedroom and a full guest bathroom. For ultimate convenience, the home features a dedicated laundry closet, as well as a large, unfinished basement that offers massive potential for storage or future expansion. Living in Riverbend at Mill Village feels like staying at a year-round resort thanks to its incredible community amenities. You can spend your summers lounging by the sparkling pool, relaxing in the hot tub, or cooking dinner on the community grill located right next to the pool area. Stay active with the sand volleyball court or take advantage of the fitness center, which is open year-round. The neighborhood also features a welcoming clubhouse for social gatherings. Best of all, you will enjoy true parking peace of mind; a required parking pass is included with the sale, ensuring the lot remains exclusive to residents and never overcrowded. Blending comfort, convenience, and a vibrant Colorado lifestyle, this exceptional condo is ready for you to move right in.

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
$345,000
2.84% rateFHASave $790/mo

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