Laura Jewett

Laura Jewett

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Closed

$265,000

($20,149 down)
FHA

1050 N Lafayette Street UNIT 403, Denver, CO 80218

1
1
440 sqft
PITI Monthly
$1,900.2 /mo

Listing courtesy of: Alicia Scully, Queen Bee Realty LLC

Assumed Rate

6.26%
7.15%

Principal & Interest

$1,561 /mo
$1,711 /mo

What's Special

REMODELED
SHOPPING
DINING
MOVE-IN READY
STAINLESS STEEL APPLIANCES
DECK

Don't wait to see this absolutely stunning, 4th floor, remodeled, move-in ready, FHA Approved studio condo in the secured Majorca Condominium building! Located on a beautiful tree lined street and only one block away from Cheesman Park! As you enter, you'll be greeted by a light and bright open floor plan with plenty of storage in the large sized hallway closets! Two large windows in the living/bedroom area with new window coverings provide an abundance of light! The kitchen features new cabinets, a new quartz countertop, new dishwasher that was installed in the unit, new garbage disposal, new recessed can lighting, and stainless steel appliances! This studio condo will not disappoint! The secured building boasts an indoor swimming pool, sauna, same floor laundry, and an amazing, west facing rooftop deck! This unit comes with a deeded parking spot, #17, and a secured storage area on the 5th floor! New electrical panel, fully remodeled kitchen and window coverings! If you want to be in a move-in ready, gorgeous 4th floor condo, located in a secured building with an attractive, low monthly HOA fee, a deeded parking spot and all in the highly desirable Cheesman Park area, now is your opportunity! Don't let me forget to mention, you'll be walking distance to a supermarket, neighboring restaurants, coffee shops, hospitals, and a quick 10 minute drive to Downtown Denver or fabulous shopping/dining options in Cherry Creek! Call me today to set up your private showing! FHA APPROVED CONDO! Furniture can stay with the buyer!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.26
Remaining Loan Term
28 years, 0 months
Monthly PITI
$1,900.2/mo
Estimated Loan Balance
$250,363
Cash to close
$20,149
Interest Paid
$31,357

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Air Conditioning-Room
  • Heating: Baseboard
Features
  • Materials: Brick, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Rolled/Hot Mop
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Indoor

Construction

Type & Style
  • Stories:
  • Home type: Condominium
  • Architectural Style: Studio, Urban Contemporary
Materials
  • Brick, Frame
  • Roof: Rolled/Hot Mop
Condition
  • Year Built: 1968
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Cheesman Park
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Cap Hill HOA
  • HOA Amenities: Unknown
  • HOA Fee: $209
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $602.27
  • Tax Annual Amount: $872
  • On Market Date: 2024-07-04T02:37:33.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $20,149 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $20,149!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$244,851
Your Cash$20,149
Total Purchase Price:$265,000

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$1,561/mo
Traditional @ 7.5%
$1,775/mo
You save $213/month ($2,560/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC5367252

Listing From: recolorado

Last updated: 2024-06-08T20:05:29.000Z

© , 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

6.26%
7.15%

Principal & Interest

$1,561 /mo
$1,711 /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 $20,149 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $20,149!

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

Loan Breakdown

Assumed Mortgage6.26% Sellers Rate
$244,851
Your Cash$20,149
Total Purchase Price:$265,000

Assumed vs Traditional Mortgage

Assumed @ 6.26%
$1,561/mo
Traditional @ 7.5%
$1,775/mo
You save $213/month ($2,560/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© 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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