Laura Jewett

Laura Jewett

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Closed

$380,000

($322,640 down)
FHA

4751 Vine Street, Denver, CO 80216

4
2
1,453 sqft
PITI Monthly
$1,274.8 /mo

Listing courtesy of: Rogelio Rodriguez, eXp Realty, LLC

Assumed Rate

7%
7.15%

Principal & Interest

$866 /mo
$879 /mo

What's Special

LOCATION
ENTERTAINMENT
HISTORIC
CHARMING
PRICE REDUCED

PRICE REDUCED! Welcome to 4751 Vine St, a charming 1929 brick home in Denver's historic Elyria-Swansea neighborhood. This residence presents an exciting opportunity for buyers seeking to invest in sweat equity or a rental property. The property boasts a full basement with the potential for two additional bedrooms and a half bath, perfect for an up-and-down rental setup. The attic can be converted to a loft with some modifications. The back covered porch offers versatility - whether you envision a laundry room, a sunroom, or any other creative use. Zoned E-TU-B, this home is strategically positioned near the National Western Stock Show and upcoming developments like a riverside park and concert venue, making it a prime location. With convenient access to the recently expanded I-70, CSU Spur, and the lively RINO district, you'll never be far from entertainment and amenities. Recreational facilities such as the Swansea Recreation Center are just steps away, while the park-covered interstate guarantees peace and tranquility. A mere block away, you'll find the Valdez-Perry Branch Library. This property features a newer roof and has undergone a clean sewer inspection. Priced competitively due to the need for some upgrades and cosmetic enhancements, the seller is open to all offers and willing to allocate escrow funds for repairs. Buyers are advised to verify all information and measurements. Take advantage of down payment assistance programs. Seize this distinctive opportunity now!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7
Remaining Loan Term
6 years, 4 months
Monthly PITI
$1,274.8/mo
Estimated Loan Balance
$64,116
Cash to close
$322,640
Interest Paid
$168,763

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Linoleum, Tile, Wood

Exterior

Fencing
  • Fencing: Partial
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: 1929
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Elyria-Swansea
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $261.53
  • Tax Annual Amount: $2003
  • On Market Date: 2024-06-12T00:00:00.000Z
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 $322,640 (85%)
You can enter any amount below - secondary financing will cover the difference if needed.
85%
$

You cover the entire equity of $322,640!

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

Loan Breakdown

Assumed Mortgage7% Sellers Rate
$57,360
Your Cash:$322,640
Total Purchase Price:$380,000

Assumed vs Traditional Mortgage

Assumed @ 7%
$866/mo
Traditional @ 7.5%
$912/mo
You save $46/month ($551/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3403802

Listing From: recolorado

Last updated: 2024-10-01T18:07:20.000Z

© , 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

7%
7.15%

Principal & Interest

$866 /mo
$879 /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 $322,640 (85%)
You can enter any amount below - secondary financing will cover the difference if needed.
85%
$

You cover the entire equity of $322,640!

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

Loan Breakdown

Assumed Mortgage7% Sellers Rate
$57,360
Your Cash:$322,640
Total Purchase Price:$380,000

Assumed vs Traditional Mortgage

Assumed @ 7%
$866/mo
Traditional @ 7.5%
$912/mo
You save $46/month ($551/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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