Laura Jewett

Laura Jewett

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Closed

$305,000

($80,722 down)
FHA

540 S Forest Street UNIT 6-101, Denver, CO 80246

1
2
926 sqft
PITI Monthly
$1,670.03 /mo

Listing courtesy of: Brady Efting, Keller Williams Realty Urban Elite

Assumed Rate

4.37%
7.15%

Principal & Interest

$1,235 /mo
$1,671 /mo

What's Special

SHOPPING
DINING
FIREPLACE
DECK

Welcome to 540 S Forest Street Unit #6-101. This nicely updated and well maintained, 1 bed, 1 bath condo truly is a must see! With 926 sq ft this property has a great floorplan that features a fully updated kitchen and updated bathroom. It also has a large living room w/ wood burning fireplace, a nicely sized dining room and the freshly painted bedroom with walkin closet and private deck is a great place to lay your head down at the end of the day. An additional feature this property has is a quarter bath/vanity. This feature adds great flexibility when getting ready in AM/PM or when someone just happens to be in the bathroom. LVP Flooring runs throughout the home with the exception of the stylish tile floor in the bathroom. Additionally this property comes with a 1 car garage. The HOA takes great care of the community space, including the pool. The great property is just minutes to Cherry Creek, Shopping, Restaurants, Parks and the Cherry Creek Trail. Schedule a showing or pop into one of the two Open Houses we are hosting this weekend.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.37
Remaining Loan Term
24 years, 0 months
Monthly PITI
$1,670.03/mo
Estimated Loan Balance
$225,109
Cash to close
$80,722
Interest Paid
$61,491

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Electric, Forced Air
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room
  • Flooring: Tile, Vinyl

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: Condominium
  • Architectural Style: Unknown
Materials
  • Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1982
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Four Mile Village
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Condo - Advanced HOA Management
  • HOA Amenities: Unknown
  • HOA Fee: $203
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $329.37
  • Tax Annual Amount: $1321
  • On Market Date: 2024-06-06T00:00:00.000Z
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 $80,722 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $80,722!

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

Loan Breakdown

Assumed Mortgage4.37% Sellers Rate
$224,278
Your Cash$80,722
Total Purchase Price:$305,000

Assumed vs Traditional Mortgage

Assumed @ 4.37%
$1,235/mo
Traditional @ 7.5%
$1,733/mo
You save $499/month ($5,986/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7846140

Listing From: recolorado

Last updated: 2024-10-01T18:06:48.000Z

© , 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

4.37%
7.15%

Principal & Interest

$1,235 /mo
$1,671 /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 $80,722 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $80,722!

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

Loan Breakdown

Assumed Mortgage4.37% Sellers Rate
$224,278
Your Cash$80,722
Total Purchase Price:$305,000

Assumed vs Traditional Mortgage

Assumed @ 4.37%
$1,235/mo
Traditional @ 7.5%
$1,733/mo
You save $499/month ($5,986/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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