Laura Jewett

Laura Jewett

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Closed

$485,000

($440,555 down)
FHA

460 S Marion Parkway UNIT 604, Denver, CO 80209

2
2
1,272 sqft
PITI Monthly
$1,044.08 /mo

Listing courtesy of: Jason Weisgerber, KENTWOOD REAL ESTATE DTC, LLC

Assumed Rate

5.25%
7.15%

Principal & Interest

$621 /mo
$760 /mo

What's Special

ENTERTAINMENT
SPACIOUS
MOVE-IN READY
WALK-IN CLOSET
BALCONY
FITNESS CENTER

Welcome to gorgeous Washington Park living at The Park Lane! This west facing two bedroom, two bathroom condo is the perfect Wash Park home that’s lock and leave and move-in ready, or with great potential to renovate and make it your own. The main living space is wide open with inviting sliding glass door access to the large balcony, great for relaxing and entertaining. The spacious primary bedroom has an en suite full bathroom and walk-in closet. The second bedroom or office also has sliding glass door access to the balcony, providing natural light throughout the room. The building just installed new elevators, improving the look and livability of the building. Park Lane provides a shared entertainment space with kitchen, billiards and ping pong, fitness center, 24-hour concierge or guard, as well as a indoor hot tub and pool in Building B which is connected to this Building C, and an outdoor pool in Building A. Parking is reserved for both/either underground or a secure outdoor lot in the back of the building. Nearby Wash Park, one of the best parks in Denver, as well as Devil’s Food Bakery & Coffee, Washington Park Grille, Perdida, Reivers Bar & Grill, Tap & Dough Pizza and more on Gaylord Street. Welcome home!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.25
Remaining Loan Term
6 years, 10 months
Monthly PITI
$1,044.08/mo
Estimated Loan Balance
$44,870
Cash to close
$440,555
Interest Paid
$102,928

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Hot Water
Features
  • Materials: Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Brick
  • Roof: Unknown
Condition
  • Year Built: 1971
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Washington Park
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Park Lane Condominium
  • HOA Amenities: Unknown
  • HOA Fee: $1005
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $381.29
  • Tax Annual Amount: $2118
  • On Market Date: 2024-11-26T00:00:00.000Z
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 $440,555 (91%)
You can enter any amount below - secondary financing will cover the difference if needed.
91%
$

You cover the entire equity of $440,555!

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

Loan Breakdown

Assumed Mortgage5.25% Sellers Rate
$44,445
Your Cash:$440,555
Total Purchase Price:$485,000

Assumed vs Traditional Mortgage

Assumed @ 5.25%
$621/mo
Traditional @ 7.5%
$788/mo
You save $167/month ($2,003/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7681804

Listing From: recolorado

Last updated: 2025-01-10T17:56:16.000Z

© , 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

5.25%
7.15%

Principal & Interest

$621 /mo
$760 /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 $440,555 (91%)
You can enter any amount below - secondary financing will cover the difference if needed.
91%
$

You cover the entire equity of $440,555!

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

Loan Breakdown

Assumed Mortgage5.25% Sellers Rate
$44,445
Your Cash:$440,555
Total Purchase Price:$485,000

Assumed vs Traditional Mortgage

Assumed @ 5.25%
$621/mo
Traditional @ 7.5%
$788/mo
You save $167/month ($2,003/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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