Laura Jewett

Laura Jewett

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Closed

$529,900

($299,469 down)
FHA

1860 Pecos Way, Denver, CO 80221

4
3
2,256 sqft
PITI Monthly
$2,015.87 /mo

Listing courtesy of: Michelle Michieli, RE/MAX MOMENTUM

Assumed Rate

3.89%
7.15%

Principal & Interest

$1,329 /mo
$1,906 /mo

What's Special

FIREPLACE
VAULTED CEILINGS
PATIO
NO HOA
MOTIVATED SELLER

MOTIVATED SELLERS! Make an offer on this all brick home on a quiet street with no HOA. You must see the large primary bedroom with vaulted ceilings and private bathroom. This lovely 4 bedroom 3 bathroom home has all LED lighting, surround sound in the living room, a wood burning fireplace and radon mitigation. Enjoy the open family room in the basement, it's pre-wired for a projector. You're sure to stay warm next to the wood burning stove which features a blower for those chilly days. There is a doggie door that leads to the covered patio and large backyard. The garage has two electrical panels and two 220 Volt outlets, no problem here if you want to charge your electric car. Your only 8.3 miles to Downtown Denver. This property qualifies for a grant, a qualified buyer could receive $10,000 for down payment assistance, $7,500 towards closing costs and reduce mortgage insurance. Income restrictions apply. Contact listing agent for more details.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.89
Remaining Loan Term
20 years, 7 months
Monthly PITI
$2,015.87/mo
Estimated Loan Balance
$304,230
Cash to close
$299,469
Interest Paid
$93,747

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Wood Stove
Features
  • Materials: Brick, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Basement, Living Room, Wood Burning, Wood Burning Stove
  • Flooring: Carpet, Vinyl

Exterior

Fencing
  • Fencing: Full
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: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick, Frame
  • Roof: Composition
Condition
  • Year Built: 1961
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Sherrelwood Estates
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $234.88
  • Tax Annual Amount: $3839
  • On Market Date: 2024-04-18T00:00:00.000Z
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 $299,469 (57%)
You can enter any amount below - secondary financing will cover the difference if needed.
57%
$

You cover the entire equity of $299,469!

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

Loan Breakdown

Assumed Mortgage3.89% Sellers Rate
$230,431
Your Cash:$299,469
Total Purchase Price:$529,900

Assumed vs Traditional Mortgage

Assumed @ 3.89%
$1,329/mo
Traditional @ 7.5%
$1,977/mo
You save $648/month ($7,771/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC9850058

Listing From: recolorado

Last updated: 2025-01-04T22:37:16.000Z

© , 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

3.89%
7.15%

Principal & Interest

$1,329 /mo
$1,906 /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 $299,469 (57%)
You can enter any amount below - secondary financing will cover the difference if needed.
57%
$

You cover the entire equity of $299,469!

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

Loan Breakdown

Assumed Mortgage3.89% Sellers Rate
$230,431
Your Cash:$299,469
Total Purchase Price:$529,900

Assumed vs Traditional Mortgage

Assumed @ 3.89%
$1,329/mo
Traditional @ 7.5%
$1,977/mo
You save $648/month ($7,771/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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