Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$950,000

($451,036 down)
VA

1671 Newport Street, Denver, CO 80220

4
2
2,731 sqft
PITI Monthly
$3,041.97 /mo

Listing courtesy of: Debra Guy, RE/MAX of Cherry Creek

Assumed Rate

2.88%
7.15%

Principal & Interest

$2,373 /mo
$3,860 /mo

What's Special

LOCATION
ENTERTAINMENT
DINING
SPACIOUS
GRANITE COUNTERTOPS
FIREPLACE
VAULTED CEILINGS
HOME OFFICE
GAME ROOM
PATIO
MATURE TREES
PUBLIC TRANSPORTATION
COZY

Located in Denver’s highly sought-after Park Hill neighborhood, this distinguished home with striking brick-clad exterior is situated on an oversized lot among mature trees and lush green landscaping. Beyond the inviting front porch, a stylish entryway welcomes you as large windows fill the home with natural light, revealing a spacious living room with cozy fireplace. Handsome hardwoods travel into an adjacent dining room before stretching into the kitchen featuring granite countertops, soft white cabinetry and updated backsplash. The home’s central hallway provides access to two generous bedrooms and a polished full-bath with double sinks and ample storage. At the rear of the home lies a stunning and radiant family room with vaulted ceilings and beautiful built-ins. Downstairs, a sizable bonus room could easily be utilized as a home office, additional lounge space, reading nook, or for many other desirable purposes. The lower level also hosts two non-conforming bedrooms and a convenient ¾-bath; plus, laundry and utility rooms with lots of storage space. The larger bedroom could also be used as a gym, game room, or additional family room. Step outside to be amazed by the sprawling, fenced backyard boasting large patio with firepit, top of the line hot tub, pergola and built-in grill. Don’t miss the irrigated garden and shed behind the expansive garage with plenty of room for workspace and extra storage. Recent updates include new roof, main sewer line, HVAC system, water heater and more. This central location is tough to beat with its close proximity to excellent shops, restaurants, cafes and entertainment options including several Denver landmarks such as City Park, Denver Zoo, Botanic Gardens, and Museum of Nature and Science just to name a few. Easy access to Downtown, Cherry Creek, DIA, public transportation and great schools.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.88
Remaining Loan Term
26 years, 4 months
Monthly PITI
$3,041.97/mo
Estimated Loan Balance
$583,029
Cash to close
$451,036
Interest Paid
$58,006

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
Features
  • Materials: Brick, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room
  • Flooring: Laminate, Tile, Vinyl, Wood

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
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: Single Family Residence
  • Architectural Style: Contemporary
Materials
  • Brick, Frame
  • Roof: Composition
Condition
  • Year Built: 1939
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Park Hill
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $347.86
  • Tax Annual Amount: $5429
  • On Market Date: 2024-08-02T00:00:00.000Z
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 $451,036 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $451,036!

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

Loan Breakdown

Assumed Mortgage2.88% Sellers Rate
$498,964
Your Cash$451,036
Total Purchase Price:$950,000

Assumed vs Traditional Mortgage

Assumed @ 2.88%
$2,373/mo
Traditional @ 7.5%
$4,004/mo
You save $1,631/month ($19,577/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8758010

Listing From: recolorado

Last updated: 2025-01-06T23:43:16.000Z

© , 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

2.88%
7.15%

Principal & Interest

$2,373 /mo
$3,860 /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 $451,036 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $451,036!

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

Loan Breakdown

Assumed Mortgage2.88% Sellers Rate
$498,964
Your Cash$451,036
Total Purchase Price:$950,000

Assumed vs Traditional Mortgage

Assumed @ 2.88%
$2,373/mo
Traditional @ 7.5%
$4,004/mo
You save $1,631/month ($19,577/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.