Laura Jewett

Laura Jewett

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Closed

$299,999

($69,009 down)
FHA

8225 Fairmount Drive UNIT 102, Denver, CO 80247

2
2
1,019 sqft
PITI Monthly
$1,451.78 /mo

Listing courtesy of: Vivi Gloriod, HomeSmart

Assumed Rate

2.81%
7.15%

Principal & Interest

$1,022 /mo
$1,678 /mo

What's Special

SPACIOUS
MODERN
LUXURY
BALCONY

Step into luxury living with this exquisite first-floor condo boasting a private balcony for your enjoyment. Experience the ease of single-level living with two spacious bedrooms and two full bathrooms. Meticulously refreshed within the last five years, this unit offers a contemporary feel and modern comforts. Enjoy peace of mind knowing that the building has recently undergone renovations, including brand new roofs, ensuring durability and longevity. Convenience is paramount with a reserved parking spot right at your doorstep, unit number eight, providing effortless access to your home. Bid farewell to laundromat hassles with your own washer and dryer in a dedicated laundry room within the unit. Say hello to convenience and affordability combined in this must-see property. Rest assured, this community boasts a robust homeowners association with substantial reserves, providing added security and peace of mind. Don’t miss out on this opportunity to elevate your lifestyle.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.81
Remaining Loan Term
26 years, 0 months
Monthly PITI
$1,451.78/mo
Estimated Loan Balance
$231,471
Cash to close
$69,009
Interest Paid
$26,722

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room, Wood Burning Stove
  • Flooring: Carpet, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
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: Condominium
  • Architectural Style: Unknown
Materials
  • Brick, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1983
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Woodside Village Condo 02 Bldg 01
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: 5150 Community management
  • HOA Amenities: Unknown
  • HOA Fee: $410
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $294.41
  • Tax Annual Amount: $1242
  • On Market Date: 2024-04-18T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $69,009 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $69,009!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$230,990
Your Cash$69,009
Total Purchase Price:$299,999

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$1,022/mo
Traditional @ 7.5%
$1,741/mo
You save $718/month ($8,622/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC9495933

Listing From: recolorado

Last updated: 2024-10-01T18:02:04.000Z

© , 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

2.81%
7.15%

Principal & Interest

$1,022 /mo
$1,678 /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 $69,009 (23%)
You can enter any amount below - secondary financing will cover the difference if needed.
23%
$

You cover the entire equity of $69,009!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$230,990
Your Cash$69,009
Total Purchase Price:$299,999

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$1,022/mo
Traditional @ 7.5%
$1,741/mo
You save $718/month ($8,622/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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