Laura Jewett

Laura Jewett

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Under Contract

$375,000

($265,146 down)
FHA

445 S Depew Street, Lakewood, CO 80226

3
1
1,104 sqft
PITI Monthly
$1,369.11 /mo

Listing courtesy of: Betsy McKee, eXp Realty, LLC

Assumed Rate

5.38%
7.15%

Principal & Interest

$887 /mo
$1,070 /mo

What's Special

LOCATION
ENTERTAINMENT

This property offers a LARGE LOT (over 1/3 acre) with lots of potential, perfect for creating a custom home or investment property. The existing house requires significant renovations, but key utilities are already in place, including public sewer, city water, and electricity. The property also features a well (for yard irrigation only), adding extra value. Located just 1 mile from Belmar, this property is close to a variety of shops, restaurants, and entertainment options. It’s also minutes from light rail stations, with quick access to I-70, 6th Ave, and downtown, offering excellent connectivity for future tenants or owners. Please note, the seller will not make any repairs, and the property is in a floodplain (see supplements for insurance estimates). Don’t miss your chance to capitalize on this prime location!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.38
Remaining Loan Term
15 years, 1 months
Monthly PITI
$1,369.11/mo
Estimated Loan Balance
$125,592
Cash to close
$265,146
Interest Paid
$110,315

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Evaporative Cooling
  • Heating: Forced Air
Features
  • Materials: Block, Stucco, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Linoleum

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public, Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Traditional
Materials
  • Block, Stucco, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1947
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Cloverdale
  • Features: Accessible Approach with Ramp
HOA
  • Has HOA: No
Location
  • Region: Lakewood

Financial Details

  • Price per Sqft: $339.67
  • Tax Annual Amount: $2634
  • On Market Date: 2025-03-27T00:00:00.000Z
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 $265,146 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $265,146!

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

Loan Breakdown

Assumed Mortgage5.38% Sellers Rate
$109,854
Your Cash:$265,146
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 5.38%
$887/mo
Traditional @ 7.5%
$1,110/mo
You save $222/month ($2,667/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC1597602

Listing From: recolorado

Last updated: 2025-04-03T20:56:21.000Z

© , 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

5.38%
7.15%

Principal & Interest

$887 /mo
$1,070 /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 $265,146 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $265,146!

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

Loan Breakdown

Assumed Mortgage5.38% Sellers Rate
$109,854
Your Cash:$265,146
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 5.38%
$887/mo
Traditional @ 7.5%
$1,110/mo
You save $222/month ($2,667/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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