Greg Hammond

Greg Hammond

(480) 522-9318
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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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primary-2primary-3
Closed
Closed

$475,000

($206,928 down)
FHA

7304 McClellan Road, Wellington, CO 80549

3
3
1,567 sqft
PITI Monthly
$2,215.53 /mo

Listing courtesy of: Rhonda Heth, RE/MAX Alliance-FTC South

Assumed Rate

4.2%
7.15%

Principal & Interest

$1,557 /mo
$2,151 /mo
$101,910 in interest paid off

What's Special

SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
WALK-IN CLOSET
FINISHED BASEMENT
Come see this modern two-story single-family home, offering the perfect blend of comfort and style. With 3 spacious bedrooms, 2.5 bathrooms, and a
true 3-car garage with space for extra storage, this property has everything you need. Stepping inside, you're greeted by an open and airy layout. The
chef-inspired kitchen is a standout. Gleaming stainless steel appliances, ample cabinetry, and plenty of slab granite counter space is ideal for cooking
and gathering with loved ones. The primary suite offers a peaceful retreat, complete with a large walk-in closet and a 5-piece en-suite bat... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.2
Remaining Loan Term
21 years, 9 months
Monthly PITI
$2,215.53/mo
Estimated Loan Balance
$317,616
Cash to close
$206,928
Interest Paid
$101,910

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas, Living Room
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Fenced
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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: Unknown
Materials
  • Wood Frame
  • Roof: Composition
Condition
  • Year Built: 2016
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Park Meadows
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Park Meadows
  • HOA Amenities: Unknown
  • HOA Fee: $120
  • HOA Frequency: $Quarterly
Location
  • Region: Wellington

Financial Details

  • Price per Sqft: $303.13
  • Tax Annual Amount: $3190.12
  • On Market Date: Jan 24, 2025
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Savings Calculator

Current cash to close is $206,928 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$
0%20%50%

You cover the entire equity of $206,928!

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

Loan Breakdown

Assumed Mortgage4.2% Sellers Rate
$268,072
Your Cash$206,928
Total Purchase Price:$475,000

Assumed vs Traditional Mortgage

Assumed @ 4.2%
$1,557/mo
Traditional @ 7.15%
$2,231/mo
You save $674/month ($8,086/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1025213

Listing From: recolorado

Last updated: Mar 20, 2025 11:41pm

© 2025, 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

4.2%
7.15%

Principal & Interest

$1,557 /mo
$2,151 /mo
$101,910 in interest paid off
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 $206,928 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$
0%20%50%

You cover the entire equity of $206,928!

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

Loan Breakdown

Assumed Mortgage4.2% Sellers Rate
$268,072
Your Cash$206,928
Total Purchase Price:$475,000

Assumed vs Traditional Mortgage

Assumed @ 4.2%
$1,557/mo
Traditional @ 7.15%
$2,231/mo
You save $674/month ($8,086/year)

*Secondary financing rates are an estimated value based on input

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Greg HammondUME Realty Group(480) 522-9318greg@umerealtygroup.comMLS
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May, 09 2025

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