Laura Jewett

Laura Jewett

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Under Contract

$595,000

($186,197 down)
FHA

15869 E Otero Avenue, Centennial, CO 80112

3
3
1,997 sqft
PITI Monthly
$2,687.54 /mo

Listing courtesy of: Shirley Jenkins, Keller Williams DTC

Assumed Rate

2.98%
7.15%

Principal & Interest

$1,861 /mo
$2,989 /mo

What's Special

LOCATION
SHOPPING
DINING
MODERN
STAINLESS STEEL APPLIANCES
PATIO

Located in the highly sought after Cherry Creek School District this modern perfectly appointed townhome has southern exposure allowing it to be light & bright.  Built in 2018, it has been meticulously maintained with only one homeowner.  This style of townhome features a great room, open kitchen, covered patio, dining area, powder room on the main floor, tankless water heater, radon system, 2 car oversized garage.  The laundry room is on the 2nd floor between the primary bedroom with ensuite and 2 secondary bedrooms.  You'll notice beautiful upgrades and finishes like vinyl plank flooring, stainless steel appliances, ceiling fans & so much more.  If Location - Location - Location is truly as important as we think it is...let me tell you about this location.  There are walking/biking trails within a few yards of the house, shopping & restaurants at Arapahoe Crossing, King Soopers, Costco, Trader Joe's, easy access to E-470 and more.  Don't miss your opportunity to call this beautiful townhouse your new home.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.98
Remaining Loan Term
26 years, 5 months
Monthly PITI
$2,687.54/mo
Estimated Loan Balance
$412,165
Cash to close
$186,197
Interest Paid
$45,482

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Unknown
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: Townhouse
  • Architectural Style: Urban Contemporary
Materials
  • Wood Siding
  • Roof: Composition
Condition
  • Year Built: 2018
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Trails Edge Subdivision
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Trails Edge
  • HOA Amenities: Unknown
  • HOA Fee: $115
  • HOA Frequency: $Monthly
Location
  • Region: Centennial

Financial Details

  • Price per Sqft: $297.95
  • Tax Annual Amount: $4160
  • On Market Date: 2025-03-01T00:00:00.000Z
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 $186,197 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $186,197!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$408,803
Your Cash$186,197
Total Purchase Price:$595,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,861/mo
Traditional @ 7.5%
$3,100/mo
You save $1,239/month ($14,871/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC1870450

Listing From: recolorado

Last updated: 2025-03-06T19:33:20.000Z

© , 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

2.98%
7.15%

Principal & Interest

$1,861 /mo
$2,989 /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 $186,197 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $186,197!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$408,803
Your Cash$186,197
Total Purchase Price:$595,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,861/mo
Traditional @ 7.5%
$3,100/mo
You save $1,239/month ($14,871/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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