Laura Jewett

Laura Jewett

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$425,000

($176,669 down)
FHA

1421 Jasmine Street, Denver, CO 80220

2
1
698 sqft
PITI Monthly
$1,624.85 /mo

Listing courtesy of: Christopher Nairn, HomeSmart Realty

Assumed Rate

2.89%
7.15%

Principal & Interest

$1,143 /mo
$1,857 /mo

What's Special

REMODELED
LOCATION
SHOPPING
SPACIOUS
MODERN
HARDWOOD FLOORS
STAINLESS STEEL APPLIANCES
HOME OFFICE
LANDSCAPED
CHARMING
COZY

MORTGAGE IS ASSUMABLE AT 2.87%! This charming townhome in the popular Mayfair neighborhood is the perfect starter home! As an end unit with no shared walls and a private yard, you'll enjoy peace and privacy, plus the added bonus of a rare attached garage. Recently remodeled, the home features a bright, modern kitchen with crisp white cabinets and stainless steel appliances, making it ideal for cooking and entertaining. The updated bathroom boasts stylish flooring and a fresh tile surround in the shower. The spacious main floor bedroom offers plenty of closet space and a cozy nook with a window—perfect for setting up your home office. Gleaming hardwood floors run throughout the main level, adding a touch of elegance. Upstairs, you'll find a second bedroom that’s perfect for guests or a quiet retreat. Located in the back of a beautifully landscaped courtyard, this home offers a tranquil atmosphere while still being close to shopping, public transit, and great restaurants like Little Dragon, Benzina & Supreme Chicken! With its unbeatable location and move-in-ready condition, this townhome is a fantastic opportunity for first-time buyers

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.89
Remaining Loan Term
25 years, 7 months
Monthly PITI
$1,624.85/mo
Estimated Loan Balance
$263,874
Cash to close
$176,669
Interest Paid
$33,430

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick, Concrete
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Architecural Shingle
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: Townhouse
  • Architectural Style: Contemporary
Materials
  • Brick, Concrete
  • Roof: Architecural Shingle
Condition
  • Year Built: 1946
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $608.88
  • Tax Annual Amount: $1647
  • On Market Date: 2025-03-06T00:00:00.000Z
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 $176,669 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $176,669!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$248,331
Your Cash$176,669
Total Purchase Price:$425,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,143/mo
Traditional @ 7.5%
$1,926/mo
You save $783/month ($9,399/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3924086

Listing From: recolorado

Last updated: 2025-03-31T21:18:20.000Z

© , 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

2.89%
7.15%

Principal & Interest

$1,143 /mo
$1,857 /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 $176,669 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $176,669!

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

Loan Breakdown

Assumed Mortgage2.89% Sellers Rate
$248,331
Your Cash$176,669
Total Purchase Price:$425,000

Assumed vs Traditional Mortgage

Assumed @ 2.89%
$1,143/mo
Traditional @ 7.5%
$1,926/mo
You save $783/month ($9,399/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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