Laura Jewett

Laura Jewett

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$829,500

($705,003 down)
FHA

824 S Nelson Way, Lakewood, CO 80226

5
3
2,848 sqft
PITI Monthly
$2,237.01 /mo

Listing courtesy of: Patrick Currin, HomeSmart Realty

Assumed Rate

5.5%
7.15%

Principal & Interest

$1,508 /mo
$1,793 /mo

What's Special

SHOPPING
DINING
SPACIOUS
BREAKFAST NOOK
FIREPLACE
FINISHED BASEMENT
DECK
MATURE TREES
CUL-DE-SAC
COZY

SELLER OFFERING $5000 CONCESSION FOR BUYER'S CLOSING COSTS, RATE BUY DOWN OR HOME UPGRADES! Solid, Spacious Two-Story traditional home in the coveted Sun Valley neighborhood of Lakewood. Situated on a quiet cul-de-sac type street with mature trees, this 2,800+ square foot home boasts 5 bedrooms and 3 bathrooms with a finished basement. An oversized lot (one of only two in the neighborhood), wood floors, a two car attached garage, new tile and other thoughtful updates make this the perfect opportunity to own a turn key home with tons of LAND! Enjoy the privacy of the Master Bedroom with it's own en-suite bathroom. The bathrooms are updated and well appointed. The chef will love the large kitchen with tons of prep space and a breakfast nook for quick meals. Tons of natural light shine onto the beautiful wood floors in the living room, dining room and additional great room. Cozy up in your great room next to the gas fireplace on those cold Colorado days. Enjoy the convenience of a two car attached garage and a main floor laundry room. End the day grilling on an oversized deck off the dining room or enjoy a wood fire in the chimenea in the private fenced-in back yard. Shopping, parks and miles of trails and even lakes right down the street! Don't miss your opportunity to own a unique home with an oversized lot in red hot Lakewood while you still can!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.5
Remaining Loan Term
8 years, 3 months
Monthly PITI
$2,237.01/mo
Estimated Loan Balance
$344,562
Cash to close
$705,003
Interest Paid
$247,736

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Evaporative Cooling
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Brick, Concrete, Frame, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas
  • Flooring: Carpet, Wood

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Architecural Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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
  • Brick, Concrete, Frame, Vinyl Siding
  • Roof: Architecural Shingle
Condition
  • Year Built: 1969
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Sun Valley
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Lakewood

Financial Details

  • Price per Sqft: $291.26
  • Tax Annual Amount: $3895
  • On Market Date: 2024-11-20T00:00:00.000Z
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 $705,003 (85%)
You can enter any amount below - secondary financing will cover the difference if needed.
85%
$

You cover the entire equity of $705,003!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$124,497
Your Cash:$705,003
Total Purchase Price:$829,500

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$1,508/mo
Traditional @ 7.5%
$1,860/mo
You save $353/month ($4,231/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC6416707

Listing From: recolorado

Last updated: 2025-02-07T00:28:15.000Z

© , 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

5.5%
7.15%

Principal & Interest

$1,508 /mo
$1,793 /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 $705,003 (85%)
You can enter any amount below - secondary financing will cover the difference if needed.
85%
$

You cover the entire equity of $705,003!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$124,497
Your Cash:$705,003
Total Purchase Price:$829,500

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$1,508/mo
Traditional @ 7.5%
$1,860/mo
You save $353/month ($4,231/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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