Laura Jewett

Laura Jewett

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Closed

$735,000

($634,560 down)
FHA

203 Reed Street, Lakewood, CO 80226

3
2
1,861 sqft
PITI Monthly
$1,388.58 /mo

Listing courtesy of: Kelly Theiler, Equity Colorado Real Estate

Assumed Rate

5.5%
7.15%

Principal & Interest

$836 /mo
$994 /mo

What's Special

LOCATION
DINING
SPACIOUS
MODERN
LUXURY
GRANITE COUNTERTOPS
PATIO
PRIVATE BACKYARD
MATURE TREES
LANDSCAPED

Welcome to this stunning, fully updated midcentury gem perfectly located directly next to O'Kane Park! Step inside this brick beauty and discover a thoughtful floor plan with a perfect blend of modern luxury with timeless charm. The kitchen is truly a chef's dream and the heart of the home, featuring an exquisite marble backsplash, leathered granite countertops, a luxury Hansgrohe faucet, and custom cabinetry with soft-close drawers and doors. A skylight floods the space with natural light, adding sophisticated a architectual glow. With ample storage and a spacious island, it’s perfect for dining and entertaining for any occasion. The chic living room is highlighted by a sizeable bay-window that offers views of the expansive park and beautifully manicured front yard, adorned with perennial gardens. Also on the main level are three spacious bedrooms and a stylishly appointed full bathroom. Escape to the lower level, where you can enjoy a modern theater like living room and ample space to suit your needs. This lower retreat boasts a stunning oak staircase and a spa-like bathroom featuring slate floors and a spacious walk-in shower. Relax and unwind in the beautifully landscaped, private backyard, designed for easy outdoor living. The expertly designed patio with the dappled shade of mature trees creates the perfect atmosphere for entertaining or quiet moments of retreat. Maximize your opportunity for expression by utilizing the fully insulated and finished garage to accommodate your hobbies. This unbeatable location offers the ultimate in convenience, just a short distance to restaurants, coffee shops, movie theater, Whole Foods, and an easy commute to both Downtown and the slopes. This home is perfect for those who value style and quality of life.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.5
Remaining Loan Term
14 years, 3 months
Monthly PITI
$1,388.58/mo
Estimated Loan Balance
$101,556
Cash to close
$634,560
Interest Paid
$109,691

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Basement, Wood Burning
  • Flooring: Stone, Wood

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Architecural Shingle
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: Mid-Century Modern
Materials
  • Brick
  • Roof: Architecural Shingle
Condition
  • Year Built: 1955
Details
  • Builder:

Community & HOA

Community
  • Subdivision: O’Kane Park
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Lakewood

Financial Details

  • Price per Sqft: $394.95
  • Tax Annual Amount: $2782
  • On Market Date: 2024-12-13T00:00:00.000Z
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 $634,560 (86%)
You can enter any amount below - secondary financing will cover the difference if needed.
86%
$

You cover the entire equity of $634,560!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$100,440
Your Cash:$634,560
Total Purchase Price:$735,000

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$836/mo
Traditional @ 7.5%
$1,031/mo
You save $195/month ($2,346/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC6660410

Listing From: recolorado

Last updated: 2025-01-02T21:23:16.000Z

© , 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

5.5%
7.15%

Principal & Interest

$836 /mo
$994 /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 $634,560 (86%)
You can enter any amount below - secondary financing will cover the difference if needed.
86%
$

You cover the entire equity of $634,560!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$100,440
Your Cash:$634,560
Total Purchase Price:$735,000

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$836/mo
Traditional @ 7.5%
$1,031/mo
You save $195/month ($2,346/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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