Laura Jewett

Laura Jewett

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Closed

$399,000

($283,977 down)
VA

7764 Elmwood Place, Denver, CO 80221

3
2
1,399 sqft
PITI Monthly
$901.96 /mo

Listing courtesy of: AJ Elserougi, JPAR Modern Real Estate

Assumed Rate

3.31%
7.15%

Principal & Interest

$580 /mo
$894 /mo

What's Special

MODERN
VAULTED CEILINGS
DECK
EFFICIENT

This home qualifies for NO MONEY DOWN, up to $8000 GRANT $$$ towards buyer closing costs, and NO PMI! This ranch-style home boasts an open floor plan with vaulted ceilings and a mid-century modern vibe. It features three generously sized bedrooms, a large covered entertaining/party deck, an upgraded 200-amp electrical panel to meet your energy needs, and a workshop with 220-volt electricity and workbench. This home also includes a vapor barrier in the crawl space, low maintenance hardscaping in front yard waiting for your finishing touches, a recently insulated attic and exterior walls, a newer oversized driveway offering plenty of parking, and a newer furnace and ducting replaced in 2010 and relocated from the crawl space to main floor for easy maintenance. With 100% easy main floor living, this home is accessible, efficient, convenient, and ready for a lucky new owner.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.31
Remaining Loan Term
25 years, 2 months
Monthly PITI
$901.96/mo
Estimated Loan Balance
$171,269
Cash to close
$283,977
Interest Paid
$20,132

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Evaporative Cooling
  • Heating: Forced Air
Features
  • Materials: Brick, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate, Wood

Exterior

Fencing
  • Fencing: Full
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: Single Family Residence
  • Architectural Style: Mid-Century Modern
Materials
  • Brick, Frame
  • Roof: Architecural Shingle
Condition
  • Year Built: 1955
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Fairview Second Filing
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $285.2
  • Tax Annual Amount: $2062
  • On Market Date: 2024-05-10T00:00:00.000Z
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 $283,977 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $283,977!

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

Loan Breakdown

Assumed Mortgage3.31% Sellers Rate
$115,023
Your Cash:$283,977
Total Purchase Price:$399,000

Assumed vs Traditional Mortgage

Assumed @ 3.31%
$580/mo
Traditional @ 7.5%
$927/mo
You save $347/month ($4,161/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8260455

Listing From: recolorado

Last updated: 2024-10-01T18:03:57.000Z

© , 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

3.31%
7.15%

Principal & Interest

$580 /mo
$894 /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 $283,977 (71%)
You can enter any amount below - secondary financing will cover the difference if needed.
71%
$

You cover the entire equity of $283,977!

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

Loan Breakdown

Assumed Mortgage3.31% Sellers Rate
$115,023
Your Cash:$283,977
Total Purchase Price:$399,000

Assumed vs Traditional Mortgage

Assumed @ 3.31%
$580/mo
Traditional @ 7.5%
$927/mo
You save $347/month ($4,161/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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