Laura Jewett

Laura Jewett

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Closed

$220,000

($119,504 down)
FHA

2218 Coronado Parkway N UNIT B, Denver, CO 80229

2
2
1,096 sqft
PITI Monthly
$1,035.83 /mo

Listing courtesy of: Steve Calley, Your Castle Real Estate Inc

Assumed Rate

7.2%
7.15%

Principal & Interest

$691 /mo
$687 /mo

What's Special

DINING
PATIO

Great opportunity to bring this fixer-upper back to life! This townhome offers a solid layout with potential for customization. On the main level, you'll find the kitchen, dining area, living room, and a convenient powder bath. The laundry room is located just outside next to the back patio. Upstairs, there are two bedrooms and a full bath. Some updates include new windows installed last year and a few new interior doors. The furnace was replaced approximately six years ago. The water heater is shared with the other units in the building. Additionally, there is a shared, open one-car garage. With the right renovations, this townhome could be a great investment, as the after-repair value (ARV) for similar properties in the area is around $315,000–$325,000.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.2
Remaining Loan Term
28 years, 7 months
Monthly PITI
$1,035.83/mo
Estimated Loan Balance
$101,344
Cash to close
$119,504
Interest Paid
$10,311

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: Unknown
  • Flooring: Carpet, Linoleum, Tile

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Architecural Shingle
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: Townhouse
  • Architectural Style: Unknown
Materials
  • Brick, Frame, Wood Siding
  • Roof: Architecural Shingle
Condition
  • Year Built: 1973
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Balboa
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Balboa Park HOA
  • HOA Amenities: Unknown
  • HOA Fee: $492.37
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $200.73
  • Tax Annual Amount: $1477
  • On Market Date: 2025-01-21T00:00:00.000Z
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 $119,504 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $119,504!

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

Loan Breakdown

Assumed Mortgage7.2% Sellers Rate
$100,496
Your Cash:$119,504
Total Purchase Price:$220,000

Assumed vs Traditional Mortgage

Assumed @ 7.2%
$691/mo
Traditional @ 7.5%
$687/mo
You save $-3/month ($-39/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3096823

Listing From: recolorado

Last updated: 2025-02-27T16:42:20.000Z

© , 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

7.2%
7.15%

Principal & Interest

$691 /mo
$687 /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 $119,504 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$

You cover the entire equity of $119,504!

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

Loan Breakdown

Assumed Mortgage7.2% Sellers Rate
$100,496
Your Cash:$119,504
Total Purchase Price:$220,000

Assumed vs Traditional Mortgage

Assumed @ 7.2%
$691/mo
Traditional @ 7.5%
$687/mo
You save $-3/month ($-39/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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