Laura Jewett

Laura Jewett

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Closed

$565,000

($0 down)*
FHA

Potential short sale please verify with your agent.

3116 N Race Street, Denver, CO 80205

3
2
1,008 sqft
PITI Monthly
$4,605.5 /mo

Listing courtesy of: Keitra Martin, HomeSmart Realty

Assumed Rate

2.77%
7.15%

Principal & Interest

$3,561 /mo
$5,876 /mo

What's Special

LOCATION
DESIRED
RENOVATED
CHARMING

LOCATION! LOCATION! LOCATION! This charmingly beautiful bungalow home located in the desired Whittier neighborhood is a must see! The house is just a bike, bus, or light rail ride away from downtown and City Park - Denver Zoo is in walking distance! You can pretty much get anywhere in the city from here!! The area is up and coming with trendy new restaurants, cafes, salons, bars, Rhino District including Rhino Beer Garden, and "The Five Points" are being renovated! In the past 5 years there have been several big-ticket items repaired or replaced in the home such as, a new 50-year roof, Tuff shed, garage door motor & remote, backyard sidewalks, front parkway sidewalk, windows, gas stove, water heater, dishwasher, garbage disposal and Delta faucet! The basement is finished with a new steel shoring beam, added footings & a changed gas line, utility room area, laundry area, bathroom, and non-conforming third bedroom. The backyard has a designated and fenced area for pets, and the front entrance steps are handicap accessible, too! Owning this home is a great opportunity for buyers to build equity!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.77
Remaining Loan Term
26 years, 7 months
Monthly PITI
$4,605.5/mo
Estimated Loan Balance
$821,827
Cash to close
$0
Interest Paid
$79,309

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Electric, Living Room
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Full
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: Bungalow
Materials
  • Brick
  • Roof: Composition
Condition
  • Year Built: 1911
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Whittier
  • Features: Accessible Approach with Ramp
HOA
  • Has HOA: No
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $560.52
  • Tax Annual Amount: $3140
  • On Market Date: 2024-10-17T00:00:00.000Z
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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$565,000
Your Cash$0
Total Purchase Price:$565,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$3,561/mo
Traditional @ 7.5%
$6,095/mo
You save $2,534/month ($30,410/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4320460

Listing From: recolorado

Last updated: 2025-01-24T17:18:16.000Z

© , 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

2.77%
7.15%

Principal & Interest

$3,561 /mo
$5,876 /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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$565,000
Your Cash$0
Total Purchase Price:$565,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$3,561/mo
Traditional @ 7.5%
$6,095/mo
You save $2,534/month ($30,410/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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