Michael Graham

Michael Graham

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$299,000

($59,534 down)
FHA

802 Waterglen Drive UNIT K45, Fort Collins, CO 80524

3
3
1,294 sqft
PITI Monthly
$1,590.48 /mo

Listing courtesy of: Geoffrey Willcox, LoKation

Assumed Rate

2.98%
7.15%

Principal & Interest

$1,095 /mo
$1,758 /mo

What's Special

Opportunity Knocks! Whether you're a first-time buyer ready to roll up your sleeves or an investor looking for your next project, this 3 bed, 3 bath home with a 1-car attached garage offers serious potential. Priced well below market due to cosmetic damage from a past leak (leak has been repaired), the home needs some drywall work and general updates—but the bones are solid, and the equity upside is real. A little elbow grease now could mean big value later. Great layout, great potential, and a chance to make it your own. Why pay top dollar when you can create your own value? House can be cleared out prior to closing if requested - otherwise, everything left is trash. Bring your offer!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.98
Remaining Loan Term
26 years, 4 months
Monthly PITI
$1,590.48/mo
Estimated Loan Balance
$239,964
Cash to close
$59,534
Interest Paid
$27,349

Facts & Features

Interior

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

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: Condominium
  • Architectural Style: Unknown
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 2003
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Aberdeen At Waterglen
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Aberdeen Condo Association
  • HOA Amenities: Unknown
  • HOA Fee: $290
  • HOA Frequency: $Monthly
Location
  • Region: Fort Collins

Financial Details

  • Price per Sqft: $231.07
  • Tax Annual Amount: $1939
  • On Market Date: 2025-05-02T00:00:00.000Z
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 $59,534 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $59,534!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$239,466
Your Cash$59,534
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,095/mo
Traditional @ 7.15%
$1,823/mo
You save $729/month ($8,747/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC9237643

Listing From: recolorado

Last updated: 2025-05-02T19:40:22.000Z

© , 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

2.98%
7.15%

Principal & Interest

$1,095 /mo
$1,758 /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 $59,534 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$

You cover the entire equity of $59,534!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$239,466
Your Cash$59,534
Total Purchase Price:$299,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,095/mo
Traditional @ 7.15%
$1,823/mo
You save $729/month ($8,747/year)

*Secondary financing rates are an estimated value based on input

Follow Us
exp realty
Agent/Broker
Michael Grahamexp realty(480) 628-9392michael@grahamgroupaz.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 exp realty 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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