Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$290,000

($53,757 down)
FHA

8555 Fairmount Drive UNIT B202, Denver, CO 80247

2
2
948 sqft
PITI Monthly
$1,485.36 /mo

Listing courtesy of: Gary Leiker, RE/MAX Professionals

Assumed Rate

3.07%
7.15%

Principal & Interest

$1,065 /mo
$1,691 /mo

What's Special

LOCATION
SHOPPING
DINING
SPACIOUS
FIREPLACE
PATIO
CHARMING

Welcome home to this charming 2nd floor unit, with a private entry complete with its own assigned parking space. Walking into this spacious open floor plan the living room features a wood-burning fireplace direct access to your patio while the kitchen and dining room are all part of the open floor plan. The oversized bedrooms have deep large closets in both bedrooms. The primary bedroom comes with a fully updated full bathroom The laundry room is spacious and has a side by side washer and dryer. Forced air and central A/C make this unit enjoyable year-round! Situated near Lowry Town Center and Cherry Creek Shopping Center, this location offers easy access to dining, shopping, and outdoor recreation.. The HOA is solid having significant money in reserves.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.07
Remaining Loan Term
26 years, 9 months
Monthly PITI
$1,485.36/mo
Estimated Loan Balance
$238,074
Cash to close
$53,757
Interest Paid
$24,151

Facts & Features

Interior

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

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: Contemporary
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 1979
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Woodside
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Colorado Management Specialists, LLC
  • HOA Amenities: Unknown
  • HOA Fee: $342
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $305.91
  • Tax Annual Amount: $1115
  • On Market Date: 2024-09-13T00:00:00.000Z
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 $53,757 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $53,757!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$236,243
Your Cash$53,757
Total Purchase Price:$290,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,065/mo
Traditional @ 7.5%
$1,754/mo
You save $689/month ($8,268/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4797529

Listing From: recolorado

Last updated: 2024-11-14T18:33:17.000Z

© , 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

3.07%
7.15%

Principal & Interest

$1,065 /mo
$1,691 /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 $53,757 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $53,757!

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

Loan Breakdown

Assumed Mortgage3.07% Sellers Rate
$236,243
Your Cash$53,757
Total Purchase Price:$290,000

Assumed vs Traditional Mortgage

Assumed @ 3.07%
$1,065/mo
Traditional @ 7.5%
$1,754/mo
You save $689/month ($8,268/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

Powered By UMe.

© 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.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.