Greg Hammond

Greg Hammond

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Under Contract

$180,000

($124,756 down)
FHA

729 Cleveland Street, Sterling, CO 80751

3
2
1,368 sqft
PITI Monthly
$689.95 /mo

Listing courtesy of: Mary Doty, Group Centerra

Assumed Rate

5.5%
7.15%

Principal & Interest

$448 /mo
$533 /mo

What's Special

DINING
SPACIOUS
HARDWOOD FLOORS

This comfortable home features 3 bedrooms and 2 bathrooms. The primary main floor bedroom has its own bathroom. You'll appreciate the nice sized rooms. The living room and dining area are adjacent to the spacious kitchen with newer appliances. Hardwood floors on the main level. Large corner lot. Close to Prairie Park and the Rec Center.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.5
Remaining Loan Term
15 years, 2 months
Monthly PITI
$689.95/mo
Estimated Loan Balance
$55,631
Cash to close
$124,756
Interest Paid
$56,085

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Air Conditioning-Room, Ceiling Fan(s)
  • Heating: Baseboard
Features
  • Materials: Vinyl Siding, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Vinyl, Wood

Exterior

Fencing
  • Fencing: Fenced
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces:
  • 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
  • Vinyl Siding, Frame
  • Roof: Composition
Condition
  • Year Built: 1923
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Broadway Addition
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Sterling

Financial Details

  • Price per Sqft: $131.58
  • Tax Annual Amount: $430
  • On Market Date: 2025-04-07T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $124,756 (69%)
You can enter any amount below - secondary financing will cover the difference if needed.
69%
$

You cover the entire equity of $124,756!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$55,244
Your Cash:$124,756
Total Purchase Price:$180,000

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$448/mo
Traditional @ 7.15%
$553/mo
You save $105/month ($1,258/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1030466

Listing From: recolorado

Last updated: 2025-04-11T22:41:22.000Z

© , 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

5.5%
7.15%

Principal & Interest

$448 /mo
$533 /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 $124,756 (69%)
You can enter any amount below - secondary financing will cover the difference if needed.
69%
$

You cover the entire equity of $124,756!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$55,244
Your Cash:$124,756
Total Purchase Price:$180,000

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$448/mo
Traditional @ 7.15%
$553/mo
You save $105/month ($1,258/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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