Laura Jewett

Laura Jewett

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Closed

$365,000

($64,159 down)
FHA

5405 W 16th Avenue, Lakewood, CO 80214

1
1
724 sqft
PITI Monthly
$2,531.77 /mo

Listing courtesy of: Carrie Terrones, RE/MAX Professionals

Assumed Rate

6.9%
7.15%

Principal & Interest

$2,021 /mo
$2,072 /mo

What's Special

SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
MODERN
RENOVATED
VAULTED CEILINGS
WALK-IN CLOSET
PATIO
PUBLIC TRANSPORTATION
COZY

Welcome home to this light and bright renovated end-unit townhome in Edgewater, this is 5405 W 16th Avenue. Beautiful new LVP flooring, grand vaulted ceilings, abundant natural light, and an open floorplan greet you upon entry. The spacious main living areas are ideal for entertaining and the upgraded designer lighting and new power coated metal railings add modern design elements to the functioning space. Cozy up by the fire on cool Colorado evenings. Enjoy preparing a meal in the upgraded kitchen boasting quartz countertops, shaker cabinetry, a stainless steel appliance package, and tiled backsplash. Step outside to the fenced in zero-maintenance backyard with a large patio and easy access to the community greenspace surrounding the property. Retreat to your upstairs primary suite. Additional loft space is perfect for an office. The new LVP flooring extends into the bedroom which features an ensuite bathroom and a large walk-in closet with a custom storage system. Additional features of this turn-key property include an attached 1 car garage, mini-split cooling, a tankless water heater, a insulated crawl space, electric locks, and ring cameras for added security. Edgewater is a sought-after neighborhood within minutes of Sloan’s lake, dining, shopping and entertainment in the Edgewater Public Market, public transportation and major roadways. Do not hesitate to book your showing for this stunning property today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.9
Remaining Loan Term
27 years, 8 months
Monthly PITI
$2,531.77/mo
Estimated Loan Balance
$301,418
Cash to close
$64,159
Interest Paid
$48,815

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Other
  • Heating: Baseboard, Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room
  • Flooring: Laminate, Tile

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Architecural Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Townhouse
  • Architectural Style: Unknown
Materials
  • Frame
  • Roof: Architecural Shingle
Condition
  • Year Built: 1986
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Benton Court Flg 2
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Hearthside Townhomes/Benton Court HOA
  • HOA Amenities: Unknown
  • HOA Fee: $251
  • HOA Frequency: $Monthly
Location
  • Region: Lakewood

Financial Details

  • Price per Sqft: $504.14
  • Tax Annual Amount: $1723
  • On Market Date: 2024-10-25T00:00:00.000Z
Inquire about this property

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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 $64,159 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $64,159!

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

Loan Breakdown

Assumed Mortgage6.9% Sellers Rate
$300,841
Your Cash$64,159
Total Purchase Price:$365,000

Assumed vs Traditional Mortgage

Assumed @ 6.9%
$2,021/mo
Traditional @ 7.5%
$2,150/mo
You save $129/month ($1,546/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3042377

Listing From: recolorado

Last updated: 2024-12-09T19:53:16.000Z

© , 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

6.9%
7.15%

Principal & Interest

$2,021 /mo
$2,072 /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 $64,159 (18%)
You can enter any amount below - secondary financing will cover the difference if needed.
18%
$

You cover the entire equity of $64,159!

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

Loan Breakdown

Assumed Mortgage6.9% Sellers Rate
$300,841
Your Cash$64,159
Total Purchase Price:$365,000

Assumed vs Traditional Mortgage

Assumed @ 6.9%
$2,021/mo
Traditional @ 7.5%
$2,150/mo
You save $129/month ($1,546/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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