Laura Jewett

Laura Jewett

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Closed

$479,000

($201,763 down)
FHA

887 S Umatilla Way, Denver, CO 80223

3
1
999 sqft
PITI Monthly
$1,764.33 /mo

Listing courtesy of: Wisdom Real Estate, Wisdom Real Estate

Assumed Rate

2.68%
7.15%

Principal & Interest

$1,213 /mo
$2,026 /mo

What's Special

REMODELED
SPACIOUS
MODERN
FIREPLACE
PATIO
TENNIS COURTS

Beautiful 3-bed/1-bath home tastefully restored with quality and intention. Watch the snowfall through the two floor to ceiling living room windows with a warm fire in the restored wood-burning fireplace that has a new brick face and hearth. Remodeled bathroom and remodeled kitchen with matching custom cabinetry. Custom kitchen backsplash, floor to ceiling tile, solid core wood doors, new wood baseboards, and restored original hardwood floor throughout home. With one of the largest backyards in the neighborhood, you get to enjoy the spacious lot that has new concrete walkway and patio, new patio overhang, a growing natural 9 tree privacy screen, and custom cedar 14x10 shed. Xeriscaped native grasses and wildflowers line the home along with a new modern horizontal cedar privacy fence. Additional storage inside the home with an expanded attic entrance. New warrantied water heater installed in 2024. One minute walk to Huston Lake park with pickleball and tennis courts. Centrally located: 15 minutes to downtown Denver, the Highlands, Belmar, and Cherry Creek. Jump on 6th Ave or Hwy 285 and head out to the mountains! This is a home you cannot pass by - Schedule your private showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.68
Remaining Loan Term
25 years, 10 months
Monthly PITI
$1,764.33/mo
Estimated Loan Balance
$277,830
Cash to close
$201,763
Interest Paid
$31,953

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Other
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Brick, Frame, Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room, Wood Burning
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Full
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: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Brick, Frame, Vinyl Siding
  • Roof: Composition
Condition
  • Year Built: 1952
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $479.48
  • Tax Annual Amount: $2061
  • On Market Date: 2024-06-20T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $201,763 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $201,763!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$277,237
Your Cash$201,763
Total Purchase Price:$479,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$1,213/mo
Traditional @ 7.5%
$2,101/mo
You save $888/month ($10,656/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4027680

Listing From: recolorado

Last updated: 2024-10-01T18:08:25.000Z

© , 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

2.68%
7.15%

Principal & Interest

$1,213 /mo
$2,026 /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 $201,763 (42%)
You can enter any amount below - secondary financing will cover the difference if needed.
42%
$

You cover the entire equity of $201,763!

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

Loan Breakdown

Assumed Mortgage2.68% Sellers Rate
$277,237
Your Cash$201,763
Total Purchase Price:$479,000

Assumed vs Traditional Mortgage

Assumed @ 2.68%
$1,213/mo
Traditional @ 7.5%
$2,101/mo
You save $888/month ($10,656/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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