Laura Jewett

Laura Jewett

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Closed

$450,000

($84,696 down)
FHA

1369 S Vrain Way, Denver, CO 80219

4
2
1,880 sqft
PITI Monthly
$2,299.79 /mo

Listing courtesy of: Elite Home Partners, Keller Williams Integrity Real Estate LLC

Assumed Rate

3.02%
7.15%

Principal & Interest

$1,681 /mo
$2,686 /mo

What's Special

DINING
SPACIOUS
HARDWOOD FLOORS
FINISHED BASEMENT
HOME OFFICE
PATIO
CHARMING
COZY

Welcome to this charming 4 bedroom, 2 bathroom ranch home located in the vibrant Mar Lee neighborhood of Denver. Ideal for those who need ample space for vehicles and hobbies, this property features an oversized 2-car garage, additional parking for an RV, and extra room for all your toys—all without the restrictions of an HOA! As you step through the front door, you're greeted by inviting warm colors and a comfortable atmosphere, with hardwood floors spreading across the main level. The layout includes a cozy family room, a practical kitchen, a dining area perfect for mealtime gatherings, and three well-appointed bedrooms accompanied by a full bath. This home is perfect for entertaining; the layout flows effortlessly out to a spacious covered back patio where you can enjoy BBQs and outdoor gatherings no matter the weather. The patio overlooks a peaceful backyard, providing a great space for relaxation and leisure. The versatility of this home extends to the fully finished basement, which adds significant extra living space. Here, you'll find an additional non-conforming bedroom, a bathroom, flexible space for any number of activities, and a dedicated laundry room. This lower level is perfect for guests, a home office, or simply as extra space to spread out and enjoy. Located in a friendly community with easy access to local amenities, this home combines comfort and convenience in a package that's hard to beat. Whether you’re hosting friends on the patio, tinkering in the oversized garage, or enjoying the local scene, this Mar Lee ranch home offers a unique blend of style, space, and functionality.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.02
Remaining Loan Term
25 years, 5 months
Monthly PITI
$2,299.79/mo
Estimated Loan Balance
$367,314
Cash to close
$84,696
Interest Paid
$52,385

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Evaporative Cooling
  • Heating: Forced Air
Features
  • Materials: Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Tile, Wood

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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: Unknown
Materials
  • Brick
  • Roof: Composition
Condition
  • Year Built: 1954
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $239.36
  • Tax Annual Amount: $2247
  • On Market Date: 2024-04-24T00:00:00.000Z
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 $84,696 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $84,696!

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

Loan Breakdown

Assumed Mortgage3.02% Sellers Rate
$365,304
Your Cash$84,696
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 3.02%
$1,681/mo
Traditional @ 7.5%
$2,786/mo
You save $1,105/month ($13,261/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8030465

Listing From: recolorado

Last updated: 2024-10-01T18:02:27.000Z

© , 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

3.02%
7.15%

Principal & Interest

$1,681 /mo
$2,686 /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 $84,696 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $84,696!

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

Loan Breakdown

Assumed Mortgage3.02% Sellers Rate
$365,304
Your Cash$84,696
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 3.02%
$1,681/mo
Traditional @ 7.5%
$2,786/mo
You save $1,105/month ($13,261/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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