Greg Hammond

Greg Hammond

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Pending

$243,000

($20,044 down)
FHA

312 3rd Street, Ovid, CO 80744

3
2
2,708 sqft
PITI Monthly
$1,780.22 /mo

Listing courtesy of: Laura Knode, Knode Realty And Auction LLC

Assumed Rate

6.81%
7.15%

Principal & Interest

$1,480 /mo
$1,532 /mo

What's Special

DINING
SPACIOUS
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
DECK
SPRINKLER SYSTEM
COZY

Check out this awesome home in Ovid! It's got 3 bedrooms, 2 bathrooms, and a killer backyard deck with a pergola, privacy wall, and gas barbecue - perfect for chillin' and grillin'. The kitchen is updated with granite countertops and stainless steel appliances. Plus, the dining room has a sweet custom table and leads out to the deck. The living room is spacious and cozy. There's also an office, laundry room, and a cool primary bedroom on the main floor. In the basement, you'll find two extra rooms, a full bathroom, and a family room - ideal for guests or hangout space. With forced air heat, central air, and a sprinkler system, this place has everything you need. Don't miss out on this gem!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.81
Remaining Loan Term
28 years, 5 months
Monthly PITI
$1,780.22/mo
Estimated Loan Balance
$223,593
Cash to close
$20,044
Interest Paid
$24,263

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Cottage
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 1947
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Ovid
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Ovid

Financial Details

  • Price per Sqft: $89.73
  • Tax Annual Amount: $553
  • On Market Date: 2025-04-07T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $20,044 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $20,044!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$222,956
Your Cash$20,044
Total Purchase Price:$243,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$1,480/mo
Traditional @ 7.15%
$1,589/mo
You save $109/month ($1,306/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1030461

Listing From: recolorado

Last updated: 2025-04-10T17:01:21.000Z

© , recolorado. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

6.81%
7.15%

Principal & Interest

$1,480 /mo
$1,532 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $20,044 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $20,044!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$222,956
Your Cash$20,044
Total Purchase Price:$243,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$1,480/mo
Traditional @ 7.15%
$1,589/mo
You save $109/month ($1,306/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UME Realty Group
Agent/Broker
Greg HammondUME Realty Group(480) 522-9318greg@umerealtygroup.comMLS

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than UME Realty Group are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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