Laura Jewett

Laura Jewett

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Closed

$374,900

($335,454 down)
FHA

16320 E Fremont Avenue UNIT 11, Aurora, CO 80016

2
2
1,422 sqft
PITI Monthly
$1,373 /mo

Listing courtesy of: Samantha Cooper, Seven6 Real Estate

Assumed Rate

2.72%
7.15%

Principal & Interest

$943 /mo
$1,263 /mo

What's Special

MINUTES AWAY
SHOPPING
FIREPLACE
VAULTED CEILINGS
CHARMING
COZY

Must See! Move in ready - charming 2-bedroom, 2-bathroom condo with minimal maintenance required! Located in The Colony at Cherry Creek in Aurora, this beautiful 2 story condo features vaulted ceilings and plenty of versatile space including a light filled den and vibrant loft. Natural light flows throughout the unit as you step in the cozy family room complete with a gas fireplace. The kitchen has strategic storage space and an eat-in kitchen countertop. Rest in tranquility as you step into the Primary Suite with a walk in closet. As you venture upstairs, you will notice a versatile loft ready for your creative use. A secondary bedroom and full bathroom makes the upstairs it's own private area. This unit is located on the second level and has been taken care of by the original owner. Conveniently located in the highly rated Cherry Creek School District with quick access to Red Hawk Ridge Elementary School and minutes away from S Parker Road for easy access to 225 and E-470. Cherry Creek Valley Ecological Park, Dove Valley, Centennial Airport and Park Meadows Shopping Center are close by for your enjoyment!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.72
Remaining Loan Term
3 years, 3 months
Monthly PITI
$1,373/mo
Estimated Loan Balance
$100,054
Cash to close
$335,454
Interest Paid
$28,871

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Air Conditioning-Room
  • Heating: Forced Air
Features
  • Materials: Brick, Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room, Gas
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Composition
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: Condominium
  • Architectural Style: Contemporary
Materials
  • Brick, Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 2004
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Colony at Cherry Creek
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: LCM Property Management
  • HOA Amenities: Unknown
  • HOA Fee: $320
  • HOA Frequency: $Monthly
Location
  • Region: Aurora

Financial Details

  • Price per Sqft: $263.64
  • Tax Annual Amount: $2177
  • On Market Date: 2024-07-26T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $335,454 (89%)
You can enter any amount below - secondary financing will cover the difference if needed.
89%
$

You cover the entire equity of $335,454!

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

Loan Breakdown

Assumed Mortgage2.72% Sellers Rate
$39,446
Your Cash:$335,454
Total Purchase Price:$374,900

Assumed vs Traditional Mortgage

Assumed @ 2.72%
$943/mo
Traditional @ 7.5%
$1,292/mo
You save $349/month ($4,193/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC5006958

Listing From: recolorado

Last updated: 2025-03-04T22:48:20.000Z

© , 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

2.72%
7.15%

Principal & Interest

$943 /mo
$1,263 /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 $335,454 (89%)
You can enter any amount below - secondary financing will cover the difference if needed.
89%
$

You cover the entire equity of $335,454!

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

Loan Breakdown

Assumed Mortgage2.72% Sellers Rate
$39,446
Your Cash:$335,454
Total Purchase Price:$374,900

Assumed vs Traditional Mortgage

Assumed @ 2.72%
$943/mo
Traditional @ 7.5%
$1,292/mo
You save $349/month ($4,193/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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