Property

2275 Shelton Drive, Bailey, CO 80421

175,000

FHA
$104,804 interest already paid off
1
1
504 sqft
Estimated Loan Balance$253,213
Cash to close$0
Est. Monthly PITI$1,913
Initial Loan Amount$323,924
Time on site2 months
Remaining Term20 years, 0 months

Payment Calculator

$1,913

per month

In an assumption, your down payment equals the seller’s equity. You’ll need at least 5% in cash, and the rest can be covered with secondary financing.

Potential Short Sale Opportunity

This property may be available as a short sale, meaning the seller owes more than the current market value. This could present a unique opportunity for buyers, but requires special financing considerations and approval from the lender.

Contact your lender for short sale financing options
Find out if you qualify by applying with our experts.
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Assumed Rate

3.61%
6.49%

Principal & Interest

$1,475 /mo
$1,897 /mo
PatrickRachelMike

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About this home

FINISHED BASEMENTDECK
Just think about the possibilities! This unique home comes with a TON of potential! The 0.22-acre lot is just the right size for this Harris Park getaway, perfect for weekends, full-time or part-time use. Built in 1917, the 1-bedroom cabin offers peace and solitude, lots of aspen and pine, plus the charm and appeal of a simpler way of life. Inside,
2 monthsOn UMe
ResidentialProperty Type
1917Year Built
504 SqftLiving Area
$347Price Per Sqft
$59Monthly Taxes

Listed by • David Petersmith, Choice Property Brokers LTD

Property Details

Garage/Carport Information

  • No Garage
  • No Attached Garage

Parking

  • Features: No Garage
  • # of Parking (Total): Not specified
PatrickRachelMike

Curious About This home?

Book a call with our team and start your journey toward owning this home. We’ll answer your questions and walk you through every step.
No pressure--just real answers from our experts

All information should be verified by the recipient and none is guaranteed as accurate by recolorado

MLS ID: REC2090351

Listing From: recolorado

Last updated: 2026-05-30T23:42:16.880Z

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