Laura Jewett

Laura Jewett

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Closed

$430,000

($297,836 down)
FHA

6460 W 76th Avenue, Arvada, CO 80003

5
3
2,218 sqft
PITI Monthly
$1,589.86 /mo

Listing courtesy of: James Sanborn, Diversified Properties Colorado

Assumed Rate

5%
7.15%

Principal & Interest

$1,078 /mo
$1,356 /mo

What's Special

INVESTORS
LOCATION

Arvada location with super potential. While the home is ready to sell it would be best suited for a contractor willing to do the updates to bring it along to current standards. The home is largely original and in need of repairs and upgrades. For this model and floorplan there are 2 recent comps selling at $650K & $610K. Knowing that information the Seller has priced this to allow improvements and resale at a new price point. Interested investors and flippers are welcome and all contracts will be presented as received. Closing to be negotiated allowing the Seller time to find a replacement home. All offers to provide proof of funds. Cash & Conventional

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5
Remaining Loan Term
13 years, 10 months
Monthly PITI
$1,589.86/mo
Estimated Loan Balance
$133,212
Cash to close
$297,836
Interest Paid
$137,288

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

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: Single Family Residence
  • Architectural Style: Traditional
Materials
  • Wood Frame
  • Roof: Composition
Condition
  • Year Built: 1972
Details
  • Builder:

Community & HOA

Community
  • Subdivision: The Highlands
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Arvada

Financial Details

  • Price per Sqft: $193.87
  • Tax Annual Amount: $2637
  • On Market Date: 2024-10-17T00:00:00.000Z
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 $297,836 (69%)
You can enter any amount below - secondary financing will cover the difference if needed.
69%
$

You cover the entire equity of $297,836!

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

Loan Breakdown

Assumed Mortgage5% Sellers Rate
$132,164
Your Cash:$297,836
Total Purchase Price:$430,000

Assumed vs Traditional Mortgage

Assumed @ 5%
$1,078/mo
Traditional @ 7.5%
$1,407/mo
You save $329/month ($3,946/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3807863

Listing From: recolorado

Last updated: 2024-10-18T01:00:17.000Z

© , 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%
7.15%

Principal & Interest

$1,078 /mo
$1,356 /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 $297,836 (69%)
You can enter any amount below - secondary financing will cover the difference if needed.
69%
$

You cover the entire equity of $297,836!

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

Loan Breakdown

Assumed Mortgage5% Sellers Rate
$132,164
Your Cash:$297,836
Total Purchase Price:$430,000

Assumed vs Traditional Mortgage

Assumed @ 5%
$1,078/mo
Traditional @ 7.5%
$1,407/mo
You save $329/month ($3,946/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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