Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$220,000

($185,755 down)
FHA

1121 Albion Street UNIT 307, Denver, CO 80220

1
1
640 sqft
PITI Monthly
$693.9 /mo

Listing courtesy of: Tom Livingston, Jason Mitchell Real Estate Colorado, LLC

Assumed Rate

5.75%
7.15%

Principal & Interest

$419 /mo
$485 /mo

What's Special

LOCATION
ENTERTAINMENT
DINING
SPACIOUS
BALCONY
CHARMING
COZY

Located in the dynamic redevelopment area of 9th Ave & Colorado Blvd, this cozy condo is the perfect combination of comfort and convenience. With 1BD/1BD, this unit offers an open floor plan, eat-in kitchen, ample storage including a Tuff Shed and covered parking. Tons of natural light floods the home from the floor-to-ceiling doors that lead to a spacious covered balcony, spanning the width of the unit. Building to have new laundry facilities installed. An unbeatable location! Just steps away from the vibrant restaurants and retail on 9th and Colorado Blvd., with countless dining and entertainment options right at your doorstep: from Trader Joes to Culinary Dropout, Blanco Cantina to AMC Theater, Postino to Hopdaddy Burger Bar, you'll never run out of places to explore and enjoy. This charming condo is a gem, in the heart of Denver, you won't want to miss out on.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.75
Remaining Loan Term
8 years, 0 months
Monthly PITI
$693.9/mo
Estimated Loan Balance
$43,292
Cash to close
$185,755
Interest Paid
$70,979

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Hot Water
Features
  • Materials: Concrete
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Membrane
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: Mid-Century Modern
Materials
  • Concrete
  • Roof: Membrane
Condition
  • Year Built: 1959
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Hale
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Americana Condo | Mastino Mgmt
  • HOA Amenities: Unknown
  • HOA Fee: $475
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $343.75
  • Tax Annual Amount: $890
  • On Market Date: 2024-07-11T00:00:00.000Z
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 $185,755 (84%)
You can enter any amount below - secondary financing will cover the difference if needed.
84%
$

You cover the entire equity of $185,755!

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

Loan Breakdown

Assumed Mortgage5.75% Sellers Rate
$34,245
Your Cash:$185,755
Total Purchase Price:$220,000

Assumed vs Traditional Mortgage

Assumed @ 5.75%
$419/mo
Traditional @ 7.5%
$503/mo
You save $84/month ($1,008/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC5550606

Listing From: recolorado

Last updated: 2024-10-01T18:11:04.000Z

© , 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

5.75%
7.15%

Principal & Interest

$419 /mo
$485 /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 $185,755 (84%)
You can enter any amount below - secondary financing will cover the difference if needed.
84%
$

You cover the entire equity of $185,755!

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

Loan Breakdown

Assumed Mortgage5.75% Sellers Rate
$34,245
Your Cash:$185,755
Total Purchase Price:$220,000

Assumed vs Traditional Mortgage

Assumed @ 5.75%
$419/mo
Traditional @ 7.5%
$503/mo
You save $84/month ($1,008/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.