Laura Jewett

Laura Jewett

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Closed

$950,000

($690,216 down)
FHA

885 S Sherman Street, Denver, CO 80209

4
2
3,180 sqft
PITI Monthly
$2,286.99 /mo

Listing courtesy of: Jessica Northrop, Compass - Denver

Assumed Rate

3.86%
7.15%

Principal & Interest

$1,555 /mo
$2,238 /mo

What's Special

REMODELED
LOCATION
MODERN
RENOVATED
HIGH-END FINISHES
HARDWOOD FLOORS
FIREPLACE
WET BAR
FENCED YARD
CHARMING
COZY

Fall in Love with This Classic Wash Park Bungalow! Step into a home where charm meets modern elegance—a classic red bungalow that captures the heart at first sight. Nestled on the west side of Wash Park, this beautifully renovated home offers the perfect blend of timeless character and contemporary style. Imagine morning strolls through tree-lined paths, leisurely visits to nearby cafés, and cozy evenings by the fire. Inside, warm hardwood floors lead you through sun-drenched spaces designed for comfort and connection. A custom iron-and-glass barn door adds a touch of artistry, while the fireplace invites you to unwind. The kitchen is a dream—thoughtfully designed with high-end finishes, perfect for intimate dinners or lively gatherings. Upstairs, the finished attic unfolds into a romantic retreat, featuring exposed brick walls, a wet bar, and a private lounge. A charming bedroom and dressing area make it feel like your own secret sanctuary. Step outside to your private, fenced yard—an oasis for summer BBQs, starry-night conversations, and quiet moments with your favorite book. The detached two-car garage offers extra storage, keeping life effortlessly organized. Looking for more than just a home? The fully remodeled basement, with its own private entrance and full kitchen, is a perfect space for guests or a proven income-generating Airbnb. Its prime location near the light rail, South Pearl Street, and South Broadway makes it a coveted stay. This is more than a house—it’s a place to fall in love, a story waiting to be written. Welcome home.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.86
Remaining Loan Term
19 years, 10 months
Monthly PITI
$2,286.99/mo
Estimated Loan Balance
$262,639
Cash to close
$690,216
Interest Paid
$116,751

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Basement, Family Room
  • Flooring: Tile, Vinyl, Wood

Exterior

Fencing
  • Fencing: Full
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: Single Family Residence
  • Architectural Style: Bungalow
Materials
  • Brick
  • Roof: Composition
Condition
  • Year Built: 1938
Details
  • Builder:

Community & HOA

Community
  • Subdivision: West Wash Park
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $298.74
  • Tax Annual Amount: $3366
  • On Market Date: 2025-02-04T00:00:00.000Z
Inquire about this property

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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 $690,216 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $690,216!

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

Loan Breakdown

Assumed Mortgage3.86% Sellers Rate
$259,784
Your Cash:$690,216
Total Purchase Price:$950,000

Assumed vs Traditional Mortgage

Assumed @ 3.86%
$1,555/mo
Traditional @ 7.5%
$2,321/mo
You save $766/month ($9,192/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC6059443

Listing From: recolorado

Last updated: 2025-02-11T20:09:16.000Z

© , 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

3.86%
7.15%

Principal & Interest

$1,555 /mo
$2,238 /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 $690,216 (73%)
You can enter any amount below - secondary financing will cover the difference if needed.
73%
$

You cover the entire equity of $690,216!

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

Loan Breakdown

Assumed Mortgage3.86% Sellers Rate
$259,784
Your Cash:$690,216
Total Purchase Price:$950,000

Assumed vs Traditional Mortgage

Assumed @ 3.86%
$1,555/mo
Traditional @ 7.5%
$2,321/mo
You save $766/month ($9,192/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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