Laura Jewett

Laura Jewett

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Closed

$695,000

($498,169 down)
VA

1940 S Sherman Street, Denver, CO 80210

4
2
1,752 sqft
PITI Monthly
$1,680.13 /mo

Listing courtesy of: Janel Fisher, LPT Realty

Assumed Rate

3.45%
7.15%

Principal & Interest

$1,178 /mo
$1,783 /mo

What's Special

LOCATION
SHOPPING
DINING
SPACIOUS
MODERN
FINISHED BASEMENT
HIGHLY RATED SCHOOLS
PUBLIC TRANSPORTATION
CHARMING

Welcome to 1940 S Sherman Street, Denver, CO 80210 – a delightful blend of vintage charm and modern convenience! Built in 1954, this captivating 4-bedroom, 2-bathroom home offers a warm and welcoming atmosphere with ample space for family and friends. Upon entering, you'll appreciate the spaciousness of the four well-appointed bedrooms, providing space for relaxation and privacy. The finished basement, featuring a good sized family room, is perfect for movie nights, game days, or a quiet retreat. The outdoor living areas are equally impressive, with a fully fenced front and back yard, ideal for children, pets, and entertaining. The charming front porch invites you to enjoy your morning coffee or unwind in the evening. Situated in a vibrant neighborhood with tree-lined streets and a friendly atmosphere, this home offers easy access to parks and recreational areas for jogging, biking, and picnicking. Local shops, restaurants, and cafes are just a short walk or drive away, providing a variety of dining and shopping experiences. Highly rated schools and essential services are conveniently close, making it an ideal location for families. Public transportation options ensure quick and easy commutes to downtown Denver and beyond. Don’t miss the opportunity to own this charming mid-century home in a welcoming community. Schedule a viewing today and experience the perfect blend of classic character and modern living at 1940 S Sherman Street!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.45
Remaining Loan Term
18 years, 2 months
Monthly PITI
$1,680.13/mo
Estimated Loan Balance
$247,442
Cash to close
$498,169
Interest Paid
$93,922

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Linoleum, Wood

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: Traditional
Materials
  • Brick, Frame
  • Roof: Composition
Condition
  • Year Built: 1954
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Second Santa Fe
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $396.69
  • Tax Annual Amount: $4024
  • On Market Date: 2024-06-13T00:00:00.000Z
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 $498,169 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
$

You cover the entire equity of $498,169!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$196,831
Your Cash:$498,169
Total Purchase Price:$695,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,178/mo
Traditional @ 7.5%
$1,850/mo
You save $671/month ($8,057/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC5912375

Listing From: recolorado

Last updated: 2024-10-01T18:08:03.000Z

© , 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

3.45%
7.15%

Principal & Interest

$1,178 /mo
$1,783 /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 $498,169 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
$

You cover the entire equity of $498,169!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$196,831
Your Cash:$498,169
Total Purchase Price:$695,000

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,178/mo
Traditional @ 7.5%
$1,850/mo
You save $671/month ($8,057/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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