Laura Jewett

Laura Jewett

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Under Contract

$565,000

($311,609 down)
FHA

7850 Grove Street, Westminster, CO 80030

5
3
2,238 sqft
PITI Monthly
$1,738.32 /mo

Listing courtesy of: Amy Berglund, Milehimodern

Assumed Rate

2.74%
7.15%

Principal & Interest

$1,136 /mo
$1,883 /mo

What's Special

DINING
SPACIOUS
MODERN
PRIVATE BACKYARD
RENTAL INCOME

Ideally located in Westminster’s Apple Blossom Lane, this mid-century modern home sits on an incredible 1/3-acre lot. Boasting an open layout, updated windows and sliding glass door, the interior is filled with abundant natural light. A spacious living room with built-ins extends into a dining area featuring chic pendant lighting and newly finished wood floors. The kitchen offers generous cabinetry and a tiled backsplash. Stylishly updated, the main-floor baths flaunt classic subway tile. Five sizable bedrooms include the primary complemented by an en-suite bath. A separate basement apartment with its own exterior entrance and an interior lock-off option presents the potential for a multi-generational living or rental income (buyer to verify zoning), with both bedrooms featuring updated egress windows. Retreat outdoors to enjoy a covered back porch in a private backyard, complete with storage sheds and extensive grounds for gardening and allowing your animals to roam and play. A generous driveway provides excellent off street parking, and an attached 1-car garage provides covered parking plus storage and small workshop. Conveniently located with easy access to Federal Blvd and I-36, this home offers flexibility, charm and investment potential.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.74
Remaining Loan Term
25 years, 11 months
Monthly PITI
$1,738.32/mo
Estimated Loan Balance
$253,947
Cash to close
$311,609
Interest Paid
$29,793

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Air Conditioning-Room, Evaporative Cooling
  • Heating: Forced Air
Features
  • Materials: Brick, Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Full
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: Mid-Century Modern
Materials
  • Brick, Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1959
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Apple Blossom Lane
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Westminster

Financial Details

  • Price per Sqft: $252.46
  • Tax Annual Amount: $2854
  • On Market Date: 2025-03-27T00:00:00.000Z
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 $311,609 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$

You cover the entire equity of $311,609!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$253,391
Your Cash:$311,609
Total Purchase Price:$565,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,136/mo
Traditional @ 7.5%
$1,953/mo
You save $816/month ($9,796/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3127804

Listing From: recolorado

Last updated: 2025-03-29T16:25:26.000Z

© , 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

2.74%
7.15%

Principal & Interest

$1,136 /mo
$1,883 /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 $311,609 (55%)
You can enter any amount below - secondary financing will cover the difference if needed.
55%
$

You cover the entire equity of $311,609!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$253,391
Your Cash:$311,609
Total Purchase Price:$565,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,136/mo
Traditional @ 7.5%
$1,953/mo
You save $816/month ($9,796/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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