Laura Jewett

Laura Jewett

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Closed

$400,000

($311,681 down)
FHA

1171 S Patton Court, Denver, CO 80219

3
1
1,214 sqft
PITI Monthly
$1,040.78 /mo

Listing courtesy of: Skylar Visnack, Keller Williams Realty Urban Elite

Assumed Rate

4.84%
7.15%

Principal & Interest

$642 /mo
$823 /mo

What's Special

LOCATION
SPACIOUS
MODERN
COZY

Welcome to 1171 S Patton Ct in Denver! This cozy home features 3 bedrooms, a modern kitchen, and a spacious living area with lots of natural light! There are so many ways this space could be used. But the real gem? The expansive backyard, perfect for outdoor gatherings, or puppy playtime! This home is in an ideal location, just 15 minutes from downtown, yet also only 20 minutes from hiking trails! And just down the street from Garfield Park. Don't miss out on this Denver delight!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.84
Remaining Loan Term
16 years, 1 months
Monthly PITI
$1,040.78/mo
Estimated Loan Balance
$91,710
Cash to close
$311,681
Interest Paid
$71,408

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Cement Siding, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
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: Single Family Residence
  • Architectural Style: Traditional
Materials
  • Cement Siding, Frame
  • Roof: Composition
Condition
  • Year Built: 1948
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Jerome
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $329.49
  • Tax Annual Amount: $1948
  • On Market Date: 2024-05-10T00:00:00.000Z
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 $311,681 (78%)
You can enter any amount below - secondary financing will cover the difference if needed.
78%
$

You cover the entire equity of $311,681!

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

Loan Breakdown

Assumed Mortgage4.84% Sellers Rate
$88,319
Your Cash:$311,681
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 4.84%
$642/mo
Traditional @ 7.5%
$854/mo
You save $211/month ($2,537/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4754139

Listing From: recolorado

Last updated: 2024-10-01T18:03:58.000Z

© , 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

4.84%
7.15%

Principal & Interest

$642 /mo
$823 /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 $311,681 (78%)
You can enter any amount below - secondary financing will cover the difference if needed.
78%
$

You cover the entire equity of $311,681!

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

Loan Breakdown

Assumed Mortgage4.84% Sellers Rate
$88,319
Your Cash:$311,681
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 4.84%
$642/mo
Traditional @ 7.5%
$854/mo
You save $211/month ($2,537/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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