Bobi Hernandez

Bobi Hernandez

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$449,000

($192,098 down)
FHA

502 Spruce Lake Drive, Divide, CO 80814

3
3
2,059 sqft
PITI Monthly
$1,870.09 /mo

Listing courtesy of: Pamela Macklin, Realty One Group View

Assumed Rate

3.8%
7.15%

Principal & Interest

$1,350 /mo
$1,956 /mo

What's Special

DINING
GRANITE COUNTERTOPS
DECK
PLAYGROUND
CUL-DE-SAC
COZY

Welcome to a lovely escape from the city with all the comfort, scenery, and wildlife Colorado can offer! This versatile ranch home is nestled in a treed 1.43 acre cul-de-sac with the perfect amount of trees and light from open space! The main level offers hardwood flooring throughout living room, dining area and hallway. The eat-in kitchen boasts beautiful granite countertops with peninsula and stainless steel gas range oven, plenty of cabinets and a private, scenic view from the kitchen window. The Primary suite has been converted to allow added space and offers a large closet and attached 3/4 bathroom. The second bedroom on the main is bright and conveniently located across from laundry room and full bathroom with skylight. Head down to the cozy walkout basement with wood burning stove and generous sized family room, full bathroom and two additional bedrooms. One bedroom is large and traditional with a window, and the other has been utilized as an office or non-conforming bedroom. The oversized garage includes a workbench, metal shelving and snowblower. The HOA is voluntary and provides private trout stacked lakes a playground basketball and volleyball courts as well as a picnic area with pavilion. This is a great city get-away for everyone, yet only 15 minutes from Woodland Park! Come see this gorgeous Mountain retreat today! NEWLY PAINTED interior, nice white on main as well as steam cleaned carpets throughout! Deck as been repaired and repainted. New pictures coming soon!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.8
Remaining Loan Term
24 years, 4 months
Monthly PITI
$1,870.09/mo
Estimated Loan Balance
$257,970
Cash to close
$192,098
Interest Paid
$59,024

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Baseboard, Electric, Forced Air, Hot Water, Propane, Wood
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Basement, Free Standing, Main Level, Wood Burning Stove
  • Flooring: Carpet, Ceramic Tile, Tile, Wood

Exterior

Fencing
  • Fencing: Rear
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Assoc/Distr
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1985
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Hiking or Biking Trails, Lake, Park
HOA
  • Has HOA: No
Location
  • Region: Divide

Financial Details

  • Price per Sqft: $218.07
  • Tax Annual Amount: $1983.94
  • On Market Date: 2025-04-15T23:00:06.000Z
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 $192,098 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$

You cover the entire equity of $192,098!

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

Loan Breakdown

Assumed Mortgage3.8% Sellers Rate
$256,902
Your Cash$192,098
Total Purchase Price:$449,000

Assumed vs Traditional Mortgage

Assumed @ 3.8%
$1,350/mo
Traditional @ 7.15%
$2,029/mo
You save $680/month ($8,155/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 2050787

Listing From:

Last updated: 2025-04-15T23:30:09.000Z

© , PPMLS. 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.

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Assumed Rate

3.8%
7.15%

Principal & Interest

$1,350 /mo
$1,956 /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 $192,098 (43%)
You can enter any amount below - secondary financing will cover the difference if needed.
43%
$

You cover the entire equity of $192,098!

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

Loan Breakdown

Assumed Mortgage3.8% Sellers Rate
$256,902
Your Cash$192,098
Total Purchase Price:$449,000

Assumed vs Traditional Mortgage

Assumed @ 3.8%
$1,350/mo
Traditional @ 7.15%
$2,029/mo
You save $680/month ($8,155/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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