Laura Jewett

Laura Jewett

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Closed

$289,000

($84,062 down)
FHA

3516 S Depew Street UNIT 204, Denver, CO 80235

2
2
1,022 sqft
PITI Monthly
$1,383.33 /mo

Listing courtesy of: Lori Magazine, RE/MAX Professionals

Assumed Rate

2.83%
7.15%

Principal & Interest

$964 /mo
$1,578 /mo

What's Special

MINUTES AWAY
SHOPPING
DINING
FIREPLACE
DECK
CLUBHOUSE
FITNESS CENTER
TENNIS COURTS
PUBLIC TRANSPORTATION

Wow! A great value in a well-maintained community for under $300,000. This fresh and clean condominium has brand new paint throughout and brand-new carpeting. Two bedrooms and two full baths, plenty of storage space and a reserved parking space directly in front. A well-appointed kitchen with a large window with morning sun. Plenty of counter space, newly painted white cabinets, and stainless appliances. The open living and dining rooms enjoy the stone wood burning fireplace and sliding doors to the freshly stained deck. The primary bedroom has a large window with a window seat, two closets, and an en-suite full bath. The secondary bedroom with a big window and two closets is next to another full bath and across from the laundry closet that includes the washer and dryer. The HOA amenities include an outdoor swimming pool, clubhouse, fitness center, tennis courts, and a park. Bear Valley shopping is just across Hampden and the access to Bear Creek Lake park and Bear Creek Trail system is only minutes away. Conveniently located close to 285, C-470, and public transportation makes things easy to get around.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.83
Remaining Loan Term
25 years, 8 months
Monthly PITI
$1,383.33/mo
Estimated Loan Balance
$217,205
Cash to close
$84,062
Interest Paid
$27,303

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick, Cedar
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room, Wood Burning
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Outdoor Pool

Construction

Type & Style
  • Stories:
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Brick, Cedar
  • Roof: Composition
Condition
  • Year Built: 1985
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Tall Pines
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: LCM
  • HOA Amenities: Unknown
  • HOA Fee: $317.98
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $282.78
  • Tax Annual Amount: $1252
  • On Market Date: 2024-07-18T00:00:00.000Z
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 $84,062 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $84,062!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$204,938
Your Cash$84,062
Total Purchase Price:$289,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$964/mo
Traditional @ 7.5%
$1,637/mo
You save $673/month ($8,076/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7272245

Listing From: recolorado

Last updated: 2024-10-01T15:36:16.000Z

© , 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

2.83%
7.15%

Principal & Interest

$964 /mo
$1,578 /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 $84,062 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $84,062!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$204,938
Your Cash$84,062
Total Purchase Price:$289,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$964/mo
Traditional @ 7.5%
$1,637/mo
You save $673/month ($8,076/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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