Gino Zabala

Gino Zabala

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Active

$499,000

($299,888 down)
FHA

305 N Santa Fe Avenue, Fountain, CO 80817

2
1
0 sqft
PITI Monthly
$1,299.61 /mo

Listing courtesy of: Iggy Beljovkin, Summit Ridge Group LLC

Assumed Rate

2.89%
7.15%

Principal & Interest

$918 /mo
$1,492 /mo

What's Special

DINING
SPACIOUS

Welcome to the dream garage set-up! 812 square feet office space with full kitchen, bathroom, large open living space and two additional rooms. Property has front signage directly in front of office building on the side of 85/87. This well maintained home/office, has fresh carpet in the spare rooms, and updates in the bathroom as well. Kitchen is nice and open with room for dining within, and entry/ greeting room is open and spacious. Directly behind the office building is a shop. 3,000 square feet engineered steel shop, fully insulated with radiant heat, 200 amp service with 220v outlets, and high efficiency lighting. Shop is plumbed for full bathroom and sinks. 12x30 mezzanine with office, bathroom, and storage area already framed out. Behind the shop there is ample area for further parking or RV storage options. Car hoist is negotiable, and buyer has option for retaining concrete work for downdraft paint booth, or seller can fill in per preference. Extremely rare as this home is zoned CMU which allows for both residential and commercial use as well!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.89
Remaining Loan Term
25 years, 7 months
Monthly PITI
$1,299.61/mo
Estimated Loan Balance
$222,037
Cash to close
$299,888
Interest Paid
$26,863

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features:
  • Flooring:

Exterior

Fencing
  • Fencing:
Roof
  • Roof:
Parking
  • Garage: No
  • Garage Spaces:
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Mix Use
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof:
Condition
  • Year Built: 1954
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Fountain

Financial Details

  • Price per Sqft: $499,000
  • Tax Annual Amount: $697
  • On Market Date: 2025-04-05T04:10:02.000Z
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 $299,888 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $299,888!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$199,112
Your Cash:$299,888
Total Purchase Price:$499,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$918/mo
Traditional @ 7.5%
$1,548/mo
You save $629/month ($7,553/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 9854217

Listing From:

Last updated: 2025-04-05T06:00:05.000Z

© , 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

2.89%
7.15%

Principal & Interest

$918 /mo
$1,492 /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 $299,888 (60%)
You can enter any amount below - secondary financing will cover the difference if needed.
60%
$

You cover the entire equity of $299,888!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$199,112
Your Cash:$299,888
Total Purchase Price:$499,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$918/mo
Traditional @ 7.5%
$1,548/mo
You save $629/month ($7,553/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Real Brokerage
Agent/Broker
Gino ZabalaReal Brokerage(623) 552-1225ginozabalarealestate@gmail.comMLS SA712685000

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