Laura Jewett

Laura Jewett

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Closed

$245,000

($141,971 down)
FHA

8335 Fairmount Drive UNIT 3-207, Denver, CO 80247

1
1
701 sqft
PITI Monthly
$892.75 /mo

Listing courtesy of: Mike Mensendick, USAJ REALTY

Assumed Rate

3.69%
7.15%

Principal & Interest

$573 /mo
$842 /mo

What's Special

SERENE
BALCONY
CHARMING
COZY
EFFICIENT

Welcome to 8335 Fairmount Dr #3-207, a charming condo located in the heart of Denver, CO. Just minutes from Lowry Anschutz and Cherry Creek. This delightful one-bed, one-bath residence boasts a practical 700 finished square feet of living space thoughtfully designed for comfort and ease. Step inside to find a harmonious blend of laminate and carpet flooring that stretches across an open-concept layout, creating a warm and inviting atmosphere. The efficient kitchen is well appointed with all the amenities one would want., ideal for preparing meals and entertaining guests. Natural light floods through the home, leading you to the airy balcony overlooking the pool where you can indulge in the fresh Colorado air and enjoy serene moments outside. When it comes to parking, convenience is key, and this home delivers with its reserved deeded parking, taking the stress out of your daily routine. Situated in a friendly neighborhood that balances the vibrancy of city life with the tranquility of suburban comfort, this property allows for easy access to local amenities, while also offering a peaceful retreat away from the hustle and bustle. Whether you are a first-time homebuyer or looking to downsize, this cozy condo presents the perfect opportunity to own a piece of Denver's thriving community. Make 8335 Fairmount Dr #3-207 your next chapter; a place where memories await and life unfolds with simplicity and joy.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.69
Remaining Loan Term
21 years, 1 months
Monthly PITI
$892.75/mo
Estimated Loan Balance
$103,539
Cash to close
$141,971
Interest Paid
$37,332

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 1
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition, Other
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Outdoor Pool

Construction

Type & Style
  • Stories:
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Frame, Wood Siding
  • Roof: Composition, Other
Condition
  • Year Built: 1980
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Lowry
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: 5150 Community Management
  • HOA Amenities: Unknown
  • HOA Fee: $296.59
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $349.5
  • Tax Annual Amount: $974
  • On Market Date: 2024-07-04T02:37:17.000Z
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 $141,971 (58%)
You can enter any amount below - secondary financing will cover the difference if needed.
58%
$

You cover the entire equity of $141,971!

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

Loan Breakdown

Assumed Mortgage3.69% Sellers Rate
$103,029
Your Cash:$141,971
Total Purchase Price:$245,000

Assumed vs Traditional Mortgage

Assumed @ 3.69%
$573/mo
Traditional @ 7.5%
$874/mo
You save $300/month ($3,604/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC9331823

Listing From: recolorado

Last updated: 2024-07-08T19:55:16.000Z

© , 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

3.69%
7.15%

Principal & Interest

$573 /mo
$842 /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 $141,971 (58%)
You can enter any amount below - secondary financing will cover the difference if needed.
58%
$

You cover the entire equity of $141,971!

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

Loan Breakdown

Assumed Mortgage3.69% Sellers Rate
$103,029
Your Cash:$141,971
Total Purchase Price:$245,000

Assumed vs Traditional Mortgage

Assumed @ 3.69%
$573/mo
Traditional @ 7.5%
$874/mo
You save $300/month ($3,604/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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