Laura Jewett

Laura Jewett

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Closed

$440,000

($137,046 down)
FHA

62 Grove Street, Denver, CO 80219

3
1
1,380 sqft
PITI Monthly
$1,926.68 /mo

Listing courtesy of: Joe Brannon, Nightingale Agents LLC

Assumed Rate

3.06%
7.15%

Principal & Interest

$1,383 /mo
$2,199 /mo

What's Special

CHARMING

$5000 SELLER CONCESSION!!! Charming 4 bed 1 bath home the Barnum neighborhood in Denver! Enjoy city living in downtown Denver. Detached 2 car garage and a good size lot. This home has lots of potential! Excellent opportunity for the right buyer. Please call Annie Brannon at 303-961-9795 and nightingaleagents@gmail.com with any questions.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.06
Remaining Loan Term
26 years, 3 months
Monthly PITI
$1,926.68/mo
Estimated Loan Balance
$339,579
Cash to close
$137,046
Interest Paid
$35,914

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

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

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 1937
Details
  • Builder:

Community & HOA

Community
  • Subdivision: P T Barnums Sub
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $318.84
  • Tax Annual Amount: $1953
  • On Market Date: 2024-10-04T00:00:00.000Z
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 $137,046 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $137,046!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$302,954
Your Cash$137,046
Total Purchase Price:$440,000

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$1,383/mo
Traditional @ 7.5%
$2,281/mo
You save $898/month ($10,774/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7059098

Listing From: recolorado

Last updated: 2024-10-27T02:30:16.000Z

© , 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

3.06%
7.15%

Principal & Interest

$1,383 /mo
$2,199 /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 $137,046 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $137,046!

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

Loan Breakdown

Assumed Mortgage3.06% Sellers Rate
$302,954
Your Cash$137,046
Total Purchase Price:$440,000

Assumed vs Traditional Mortgage

Assumed @ 3.06%
$1,383/mo
Traditional @ 7.5%
$2,281/mo
You save $898/month ($10,774/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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