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Closed
Closed

$390,000

($28,990 down)
FHA

15194 E 16th Street, Aurora, CO 80011

2
2
1,246 sqft
PITI Monthly
$3,042.99 /mo

Listing courtesy of: Michael D Williams, Coldwell Banker Realty 24

Assumed Rate

6.9%
7.15%

Principal & Interest

$2,425 /mo
$2,487 /mo
$60,641 in interest paid off

What's Special

LOCATION
GATED COMMUNITY
SPACIOUS
MODERN
FIREPLACE
WALK-IN CLOSET
PATIO
Discover your dream home in a beautiful gated community! Nestled in a prime location with easy access to Denver International Airport (DIA), Cherry
Creek, Downtown Denver, CU Medical Center, Children’s Hospital, VA Hospital, and Light Rail, this stunning property offers convenience and comfort.
This spacious open floor plan includes 2 bedrooms and 2 bathrooms, great for modern living. Enjoy a fantastic kitchen equipped with a laundry room,
with the washer and dryer included. The primary bedroom features a luxurious 5-piece bath and a walk-in closet for ample storage. Relax... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.9
Remaining Loan Term
27 years, 7 months
Monthly PITI
$3,042.99/mo
Estimated Loan Balance
$362,726
Cash to close
$28,990
Interest Paid
$60,641

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Community Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Townhouse
  • Architectural Style: Contemporary
Materials
  • Stucco
  • Roof: Composition
Condition
  • Year Built: 2005
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Cottage Grove
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Cottage Grove Homeowners
  • HOA Amenities: Unknown
  • HOA Fee: $305
  • HOA Frequency: $Monthly
Location
  • Region: Aurora

Financial Details

  • Price per Sqft: $313
  • Tax Annual Amount: $2486
  • On Market Date: Sep 28, 2024
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Savings Calculator

Current cash to close is $28,990 (7%)
You can enter any amount below - secondary financing will cover the difference if needed.
7%
$
0%20%50%

You cover the entire equity of $28,990!

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

Loan Breakdown

Assumed Mortgage6.9% Sellers Rate
$361,010
Your Cash$28,990
Total Purchase Price:$390,000

Assumed vs Traditional Mortgage

Assumed @ 6.9%
$2,425/mo
Traditional @ 7.15%
$2,580/mo
You save $155/month ($1,855/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC9514630

Listing From: recolorado

Last updated: Mar 18, 2025 04:37pm

© 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

6.9%
7.15%

Principal & Interest

$2,425 /mo
$2,487 /mo
$60,641 in interest paid off
Inquire about this property
​
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​
​
​

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 $28,990 (7%)
You can enter any amount below - secondary financing will cover the difference if needed.
7%
$
0%20%50%

You cover the entire equity of $28,990!

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

Loan Breakdown

Assumed Mortgage6.9% Sellers Rate
$361,010
Your Cash$28,990
Total Purchase Price:$390,000

Assumed vs Traditional Mortgage

Assumed @ 6.9%
$2,425/mo
Traditional @ 7.15%
$2,580/mo
You save $155/month ($1,855/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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