Laura Jewett

Laura Jewett

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$899,000

($676,079 down)
FHA

1499 E Panama Drive, Centennial, CO 80121

4
4
3,249 sqft
PITI Monthly
$2,702.28 /mo

Listing courtesy of: Nicolette Cusick, Guide Real Estate

Assumed Rate

5%
7.15%

Principal & Interest

$1,769 /mo
$2,226 /mo

What's Special

REMODELED
SHOPPING
ENTERTAINMENT
DINING
HARDWOOD FLOORS
FIREPLACE
FINISHED BASEMENT
COZY
EFFICIENT

This is the one you’ve been searching for! Come see what home feels like. Hidden in the heart of Centennial, close access to jogging the HighLine Canal, enjoying deKoevend Park, summers at Ben Franklin pool, entertainment at The Streets of SouthGlenn, this 4+ bedroom home has been completely remodeled with NEW (09/2024) REAL hardwood floors, new kitchen and appliances, 4 updated bathrooms, new(2024) boiler system. Three living spaces, woodburning fireplace, large kitchen with dining room that comfortably serves 12 people on the main level; finished basement and 4 bedrooms upstairs, with a grand enclosed backyard, AND 4 car garage means this house will sell fast! Whether you are from Colorado or planning on moving here, you must be aware of the lack of humidity! Take advantage of a unique home which offers energy efficient evaporator cooler and boiler system, not only are you saving on cost, but keeping a cleaner environment and much needed moisture makes you feel right at home. Close to schools, shopping, entertainment and more! Quick drive/bike ride to Whole Foods, Trader Joes, DTC and easy access to anywhere in the Denver area, within 90 minutes to Summit County, yet snug away in a well-established neighborhood with a cozy vibe, this home is currently operating as a 5-star vacation rental, reviewed "one of the quietest places in the Denver area vrbo.com/3158352"-jump on your opportunity to enjoy a peaceful life on Panama Drive. All furnishings are being sold separately in an estate sale to follow contract on the home. Completely remodeled in 2024 by Capitol Construction. **Jimmy Everett from Everett’s Lending is offering $10,000 seller concessions to the buyer if the buyers uses Everett’s Lending for the purchase of this home and the concessions can be used for a 1 year temporary buy down and/or closing costs**

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5
Remaining Loan Term
14 years, 8 months
Monthly PITI
$2,702.28/mo
Estimated Loan Balance
$237,470
Cash to close
$676,079
Interest Paid
$216,351

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Attic Fan, Evaporative Cooling
  • Heating: Hot Water, Natural Gas
Features
  • Materials: Brick, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room, Wood Burning
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 4
  • 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, Frame
  • Roof: Composition
Condition
  • Year Built: 1964
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Broadway Estates
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Centennial

Financial Details

  • Price per Sqft: $276.7
  • Tax Annual Amount: $5792
  • On Market Date: 2025-01-01T00:00:00.000Z
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 $676,079 (75%)
You can enter any amount below - secondary financing will cover the difference if needed.
75%
$

You cover the entire equity of $676,079!

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

Loan Breakdown

Assumed Mortgage5% Sellers Rate
$222,921
Your Cash:$676,079
Total Purchase Price:$899,000

Assumed vs Traditional Mortgage

Assumed @ 5%
$1,769/mo
Traditional @ 7.5%
$2,309/mo
You save $540/month ($6,477/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3732196

Listing From: recolorado

Last updated: 2025-03-26T13:14:20.000Z

© , 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

5%
7.15%

Principal & Interest

$1,769 /mo
$2,226 /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 $676,079 (75%)
You can enter any amount below - secondary financing will cover the difference if needed.
75%
$

You cover the entire equity of $676,079!

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

Loan Breakdown

Assumed Mortgage5% Sellers Rate
$222,921
Your Cash:$676,079
Total Purchase Price:$899,000

Assumed vs Traditional Mortgage

Assumed @ 5%
$1,769/mo
Traditional @ 7.5%
$2,309/mo
You save $540/month ($6,477/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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