Laura Jewett

Laura Jewett

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Closed

$235,858

($195,183 down)
FHA

8390 Martin Luther King Boulevard UNIT J, Denver, CO 80238

2
2
1,171 sqft
PITI Monthly
$497.32 /mo

Listing courtesy of: Ashley Cisneros, LoKation

Assumed Rate

3.1%
7.15%

Principal & Interest

$185 /mo
$293 /mo

What's Special

SPACIOUS
CHARMING
COZY
AFFORDABLE

Welcome to your dream home! This beautifully maintained townhouse offers 2 spacious bedrooms with ample closet space, and natural lighting, along with a full bath and a convenient half bath that are both stylishly designed for comfort and functionality. This is perfect for families or those seeking a cozy retreat. This home is situated on a desirable corner lot and boasts newer flooring throughout, providing a fresh and inviting atmosphere. Don't miss out on the opportunity to make this charming residence your own! Schedule a viewing today and step into your future home. Buyer or Buyer's Agent to confirm any important info such as, but not limited to, Taxes, HOA, Schools, Sq ftg., etc. Please see Supplemental Documents for Affordable Housing Documentation. *** In order to purchase the affordable home, potential buyers must be income verified by HOST prior to the sale of the home. The buyer must complete an online Income Verification at Apply for Affordable Housing and The buyer must have a minimum household income of at or above 50% area median income (depending on household size) and a maximum household income of at or below 100% area median income (depending on household size). Please ensure you 9buyer) are working with a lender who is familiar with the income qualifications & restrictions. For more information on HOST, please visit: https://www.denvergov.org/Government/Agencies-Departments-Offices/Agencies-Departments-OfficesDirectory/Department-of-Housing-Stability/Resident-Resources/Affordable-Home-Ownership

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.1
Remaining Loan Term
27 years, 0 months
Monthly PITI
$497.32/mo
Estimated Loan Balance
$40,993
Cash to close
$195,183
Interest Paid
$3,909

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Natural Gas
Features
  • Materials: Cement Siding, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Laminate, Vinyl

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Composition
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: Townhouse
  • Architectural Style: Unknown
Materials
  • Cement Siding, Frame
  • Roof: Composition
Condition
  • Year Built: 2016
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Central Park
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Central park MCA
  • HOA Amenities: Unknown
  • HOA Fee: $25
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $201.42
  • Tax Annual Amount: $1578
  • On Market Date: 2025-02-26T00:00:00.000Z
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 $195,183 (83%)
You can enter any amount below - secondary financing will cover the difference if needed.
83%
$

You cover the entire equity of $195,183!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$40,675
Your Cash:$195,183
Total Purchase Price:$235,858

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$185/mo
Traditional @ 7.5%
$304/mo
You save $119/month ($1,423/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4336446

Listing From: recolorado

Last updated: 2025-03-31T19:18:21.000Z

© , 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

3.1%
7.15%

Principal & Interest

$185 /mo
$293 /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 $195,183 (83%)
You can enter any amount below - secondary financing will cover the difference if needed.
83%
$

You cover the entire equity of $195,183!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$40,675
Your Cash:$195,183
Total Purchase Price:$235,858

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$185/mo
Traditional @ 7.5%
$304/mo
You save $119/month ($1,423/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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