Laura Jewett

Laura Jewett

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$325,000

($54,053 down)
FHA

437 Raleigh Street, Denver, CO 80204

1
1
542 sqft
PITI Monthly
$1,787.84 /mo

Listing courtesy of: Vivi Gloriod, eXp Realty, LLC

Assumed Rate

3.16%
7.15%

Principal & Interest

$1,291 /mo
$2,026 /mo

What's Special

MINUTES AWAY
SPACIOUS
HISTORIC
CHARMING
AFFORDABLE

Charming and full of character, this unique one-bedroom, one-bath home sits on a spacious double lot with fire pit, offering plenty of room to create, work, and play. The tandem garage features a built-in oil change pit, making it a dream space for mechanics or car enthusiasts. Inside and out, the home boasts an eclectic style that adds to its undeniable charm. Ideally located, you're less than a mile from Barnum Dog Park and the Barnum Gulch Greenbelt, which connects to the scenic Platte River Bike Trail. The RTD Light Rail is also just minutes away, providing an easy commute. With quick highway access, you’re only 10 minutes from downtown Denver and a straight shot to the mountains for weekend adventures. Nestled in the heart of the historic Barnum neighborhood, this home offers a piece of Denver’s rich past. Originally developed by circus showman P.T. Barnum in the 1800s, the area is now a vibrant and evolving community known for its large lots, affordable charm, and easy access to parks, trails, and local favorites like the Barnum Recreation Center. Whether you’re looking for creative inspiration or an urban retreat with outdoor perks, this property is a rare find! ASK YOUR LENDER AND/OR AGENT ABOUT THE 3.125% FHA ASSUMABLE RATE!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.16
Remaining Loan Term
25 years, 5 months
Monthly PITI
$1,787.84/mo
Estimated Loan Balance
$282,383
Cash to close
$54,053
Interest Paid
$41,392

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
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
  • Frame
  • Roof: Composition
Condition
  • Year Built: 1926
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Burns Sunset Heights
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $599.63
  • Tax Annual Amount: $1616
  • On Market Date: 2025-03-14T00:00:00.000Z
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 $54,053 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $54,053!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$270,947
Your Cash$54,053
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,291/mo
Traditional @ 7.5%
$2,102/mo
You save $811/month ($9,730/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7927979

Listing From: recolorado

Last updated: 2025-03-21T22:31:20.000Z

© , 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

3.16%
7.15%

Principal & Interest

$1,291 /mo
$2,026 /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 $54,053 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $54,053!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$270,947
Your Cash$54,053
Total Purchase Price:$325,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,291/mo
Traditional @ 7.5%
$2,102/mo
You save $811/month ($9,730/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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