Cliff Pickett

Cliff Pickett

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$575,000

($286,098 down)
VA

958 Cottonwood Lake Drive, Divide, CO 80814

5
3
3,120 sqft
PITI Monthly
$1,632.99 /mo

Listing courtesy of: Irene Tanis CRS GRI , Irene Tanis

Assumed Rate

2.77%
7.15%

Principal & Interest

$1,309 /mo
$2,160 /mo

What's Special

DINING
SPACIOUS
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
FIREPLACE
VAULTED CEILINGS
MASTER SUITE
THEATER ROOM
COZY

Beautifully Maintained Rancher on 1.11 Acres! This spacious home features 5 large bedrooms and 3 bathrooms. The master suite, along with two other bedrooms, is conveniently located on the main level. The open-concept design showcases vaulted ceilings in the kitchen, dining, and living areas. The living room has a cozy gas fireplace, perfect for relaxing evenings. The kitchen is equipped with all stainless steel appliances, a large island with granite countertops, and plenty of oak cabinets for storage. The lower level includes a huge 28x18 family room with a gas stove, dry bar, and walk-out access to the fenced backyard, complete with a 10x12 shed. A washer and dryer are also included on this level. 5th Bedroom could be huge office, theater room, craft room or whatever you desire!!!Additional features include an attached 2-car garage, a treed lot offering plenty of privacy, natural gas, and a community water system. The property is located in Highland Lakes, a private community known for fishing and outdoor recreation. This property was senior property tax exception. This home is a pleasure to show. Thank you for visiting!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.77
Remaining Loan Term
25 years, 9 months
Monthly PITI
$1,632.99/mo
Estimated Loan Balance
$289,543
Cash to close
$286,098
Interest Paid
$35,898

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Other
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room, Living Room
  • Flooring: Carpet, Wood

Exterior

Fencing
  • Fencing:
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 1999
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Highland Lakes
  • Features:
HOA
  • Has HOA: Yes
  • HOA Name: Highland Lakes Property Owner’s Association
  • HOA Amenities: Unknown
  • HOA Fee: $100
  • HOA Frequency: $Annually
Location
  • Region: Divide

Financial Details

  • Price per Sqft: $184.29
  • Tax Annual Amount: $1891.32
  • On Market Date: 2025-04-02T21:51:22.000Z
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.

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Savings Calculator

Current cash to close is $286,098 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $286,098!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$288,902
Your Cash$286,098
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,309/mo
Traditional @ 7.15%
$2,240/mo
You save $931/month ($11,177/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 7932672

Listing From:

Last updated: 2025-04-07T17:15:32.000Z

© , 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

2.77%
7.15%

Principal & Interest

$1,309 /mo
$2,160 /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 $286,098 (50%)
You can enter any amount below - secondary financing will cover the difference if needed.
50%
$

You cover the entire equity of $286,098!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$288,902
Your Cash$286,098
Total Purchase Price:$575,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$1,309/mo
Traditional @ 7.15%
$2,240/mo
You save $931/month ($11,177/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Pink Realty
Agent/Broker
Cliff PickettPink Realty(719) 659-4073rockhomescos@gmail.comMLS FA100043147

© 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 Pink 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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