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Closed
Closed

$465,000

($274,859 down)
FHA

12547 E Park Lane Drive, Aurora, CO 80011

4
2
1,430 sqft
PITI Monthly
$1,426.91 /mo

Listing courtesy of: Chad Hart, Hart Realty Group

Assumed Rate

2.81%
7.15%

Principal & Interest

$888 /mo
$1,457 /mo
$23,202 in interest paid off

What's Special

REMODELED
SHOPPING
HARDWOOD FLOORS
STAINLESS STEEL APPLIANCES
PATIO
FENCED YARD
Beautiful brick Ranch in Morris Heights with lots of natural lights. This home features hardwood floors, wainscoting and a built-in bay window seat with
hidden extra storage. Down one hall are 3 well-sized bedrooms and an updated full bath. Passing through the entry and living room is the updated
kitchen with Oak Cabinets, tile flooring and stainless steel appliances. The kitchen opens into a large Family room with plenty of space for family and
entertaining guests. You can exit the Family room into the backyard featuring a large concrete patio for outdoor cookouts, fenced yard an... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.81
Remaining Loan Term
26 years, 0 months
Monthly PITI
$1,426.91/mo
Estimated Loan Balance
$200,976
Cash to close
$274,859
Interest Paid
$23,202

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
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: Traditional
Materials
  • Brick, Frame
  • Roof: Composition
Condition
  • Year Built: 1963
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Morris Heights
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Aurora

Financial Details

  • Price per Sqft: $325.17
  • Tax Annual Amount: $2638
  • On Market Date: May 17, 2024
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Savings Calculator

Current cash to close is $274,859 (59%)
You can enter any amount below - secondary financing will cover the difference if needed.
59%
$
0%20%50%

You cover the entire equity of $274,859!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$190,141
Your Cash:$274,859
Total Purchase Price:$465,000

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$888/mo
Traditional @ 7.15%
$1,511/mo
You save $624/month ($7,486/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8890265

Listing From: recolorado

Last updated: Aug 29, 2024 05:18pm

© 2025, 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

2.81%
7.15%

Principal & Interest

$888 /mo
$1,457 /mo
$23,202 in interest paid off
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 $274,859 (59%)
You can enter any amount below - secondary financing will cover the difference if needed.
59%
$
0%20%50%

You cover the entire equity of $274,859!

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

Loan Breakdown

Assumed Mortgage2.81% Sellers Rate
$190,141
Your Cash:$274,859
Total Purchase Price:$465,000

Assumed vs Traditional Mortgage

Assumed @ 2.81%
$888/mo
Traditional @ 7.15%
$1,511/mo
You save $624/month ($7,486/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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