Bobi Hernandez

Bobi Hernandez

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$629,900

($250,531 down)
VA

42338 Forest Oaks Drive, Elizabeth, CO 80107

3
2
1,908 sqft
PITI Monthly
$2,386.1 /mo

Listing courtesy of: The Braun Team, eXp Realty, LLC

Assumed Rate

3.16%
7.15%

Principal & Interest

$1,807 /mo
$2,837 /mo

What's Special

LARGE CENTER ISLAND
SPACIOUS
WALK-IN CLOSET
FINISHED BASEMENT
HOME OFFICE

**ASK US ABOUT OUR ASSUMABLE VA LOAN!** Welcome to this beautiful 3-bedroom, 2-bathroom ranch in the desirable Spring Valley Ranch community of Elizabeth, Colorado. With 1,908 square feet on the main level, this home offers a spacious open layout filled with natural light, high ceilings, and a warm, inviting atmosphere perfect for everyday living and entertaining. The heart of the home is the well-appointed kitchen, featuring generous cabinetry, sleek countertops, and a large center island ideal for gathering with friends and family. The oversized primary suite offers a peaceful escape with a luxurious en-suite bath and a spacious walk-in closet. Two additional bedrooms provide flexibility for guests, kids, or a home office. Step outside to a beautifully maintained lot with lush, low-maintenance turf—perfect for relaxing, playing, or hosting your next BBQ. The full 1,908-square-foot unfinished basement is ready for your vision—create a home theater, gym, rec room, or whatever fits your lifestyle best. This move-in-ready gem also includes a two-car garage and sits in a welcoming neighborhood known for its scenic setting, golf course, small-town charm, and exceptional community. **Don’t miss out on this incredible opportunity—ask us about the ASSUMABLE LOAN!**

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.16
Remaining Loan Term
25 years, 5 months
Monthly PITI
$2,386.1/mo
Estimated Loan Balance
$380,979
Cash to close
$250,531
Interest Paid
$57,956

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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: Traditional
Materials
  • Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 2016
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Spring Valley Ranch
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Spring Valley Ranch
  • HOA Amenities: Unknown
  • HOA Fee: $126
  • HOA Frequency: $Quarterly
Location
  • Region: Elizabeth

Financial Details

  • Price per Sqft: $330.14
  • Tax Annual Amount: $4947
  • On Market Date: 2025-02-28T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $250,531 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $250,531!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$379,369
Your Cash$250,531
Total Purchase Price:$629,900

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,807/mo
Traditional @ 7.15%
$2,942/mo
You save $1,135/month ($13,623/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8977941

Listing From: recolorado

Last updated: 2025-04-09T19:44:20.000Z

© , 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

3.16%
7.15%

Principal & Interest

$1,807 /mo
$2,837 /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 $250,531 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $250,531!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$379,369
Your Cash$250,531
Total Purchase Price:$629,900

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,807/mo
Traditional @ 7.15%
$2,942/mo
You save $1,135/month ($13,623/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Bobi Hernandez(602) 761-0781bobisellsazhomes@gmail.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 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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