Laura Jewett

Laura Jewett

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$574,990

($130,224 down)
VA

1281 Iola Street, Aurora, CO 80010

4
3
1,638 sqft
PITI Monthly
$2,439.68 /mo

Listing courtesy of: Taylor Simmons, Hatch Realty, LLC

Assumed Rate

3.07%
7.15%

Principal & Interest

$2,029 /mo
$3,222 /mo

What's Special

INVESTORS
LOCATION
FENCED YARD

Calling all investors or house hackers! True triplex located in the heart of Aurora. Live in one unit and rent out the other two, or else purchase and rent out all 3 units. Property consists of a 2br/1ba single family home at the front of the property and then a duplex in the rear of the property consisting of two 1br/1ba units. Both buildings come with off street parking (front and alleyway) and a shared fenced yard. Front unit has been refinished and features laminate wood flooring, granite counters, new appliances, new cabinets, new paint and new windows. Duplex in the rear includes new stucco, newer roof, new counters, new paint, new cabinets and newer appliances. All 3 leases have upcoming expirations if you wanted to consider increasing the rents. Great location with easy access to University Hospital and Downtown Denver. The City of Aurora is also revitalizing the Havana Park area located just 1 block away.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.07
Remaining Loan Term
26 years, 9 months
Monthly PITI
$2,439.68/mo
Estimated Loan Balance
$445,655
Cash to close
$130,224
Interest Paid
$46,010

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Air Conditioning-Room, Evaporative Cooling
  • Heating: Electric, Forced Air
Features
  • Materials: Cement Siding, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition, Membrane
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Triplex
  • Architectural Style: Spanish, Traditional
Materials
  • Cement Siding, Stucco
  • Roof: Composition, Membrane
Condition
  • Year Built: 1925
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Aurora
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Aurora

Financial Details

  • Price per Sqft: $351.03
  • Tax Annual Amount: $2927
  • On Market Date: 2025-03-01T00:00:00.000Z
Inquire about this property

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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 $130,224 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $130,224!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$444,766
Your Cash$130,224
Total Purchase Price:$574,990

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$2,029/mo
Traditional @ 7.5%
$3,342/mo
You save $1,313/month ($15,752/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7841358

Listing From: recolorado

Last updated: 2025-04-04T12:26:21.000Z

© , 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

3.07%
7.15%

Principal & Interest

$2,029 /mo
$3,222 /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 $130,224 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $130,224!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$444,766
Your Cash$130,224
Total Purchase Price:$574,990

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$2,029/mo
Traditional @ 7.5%
$3,342/mo
You save $1,313/month ($15,752/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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