Laura Jewett

Laura Jewett

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Pending

$350,000

($29,957 down)
FHA

7111 Monaco Street, Commerce City, CO 80022

2
1
698 sqft
PITI Monthly
$2,533.93 /mo

Listing courtesy of: Francisco Martinez, Gala Realty Group, LLC

Assumed Rate

6.11%
7.15%

Principal & Interest

$1,995 /mo
$2,222 /mo

What's Special

DINING
STAINLESS STEEL APPLIANCES
CHARMING
COZY

Please read private remarks before submitting offer. Welcome to this charming single-family home located at 7111 Monaco Street in Commerce City, Colorado. This cozy residence spans 698 square feet and features one level of living space, making it an ideal choice for those seeking convenience and comfort. The stucco exterior and shingle roof lend a classic appeal, while the detached garage and driveway provide ample parking for residents and guests alike. Own your dream home on this half acre lot in Commerce City, a place to entertain, grow, and realx all from your simple slice of paradise. Step inside to discover a warm and inviting atmosphere. The living room boasts wood-type flooring and a stunning chandelier, creating a perfect space for relaxation and gatherings. The kitchen is well-appointed with light wood cabinetry, stainless steel appliances, and a decorative backsplash, ensuring both functionality and style. Adjacent to the kitchen is the dining area, highlighted by an inviting chandelier and natural light, making it an excellent spot for family meals. This property is situated in a suburban setting, providing a peaceful environment with neighborhood views. The nearby amenities and parks enhance the lifestyle, making it perfect for those who appreciate community living. With winter-ready features like baseboard heating and a water softener, this home is prepared for the Colorado climate.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.11
Remaining Loan Term
27 years, 8 months
Monthly PITI
$2,533.93/mo
Estimated Loan Balance
$333,223
Cash to close
$29,957
Interest Paid
$46,250

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame, Wood Siding
  • 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: Unknown
Materials
  • Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1937
Details
  • Builder:

Community & HOA

Community
  • Subdivision: South Derby
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Commerce City

Financial Details

  • Price per Sqft: $501.43
  • Tax Annual Amount: $1866
  • On Market Date: 2025-01-16T00:00:00.000Z
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 $29,957 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $29,957!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$320,043
Your Cash$29,957
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$1,995/mo
Traditional @ 7.5%
$2,304/mo
You save $309/month ($3,708/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7024353

Listing From: recolorado

Last updated: 2025-04-02T00:50:20.000Z

© , 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

6.11%
7.15%

Principal & Interest

$1,995 /mo
$2,222 /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 $29,957 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $29,957!

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

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$320,043
Your Cash$29,957
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$1,995/mo
Traditional @ 7.5%
$2,304/mo
You save $309/month ($3,708/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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