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Closed
Closed

$640,000

($61,341 down)
FHA

27568 E Ottawa Avenue, Aurora, CO 80016

3
3
1,937 sqft
PITI Monthly
$4,304.02 /mo

Listing courtesy of: Merritt Cohn, MB COHN & ASSOC

Assumed Rate

5.23%
7.15%

Principal & Interest

$3,292 /mo
$4,036 /mo
$86,785 in interest paid off

What's Special

ENTERTAINMENT
SPACIOUS
FIREPLACE
WALK-IN CLOSET
SOLAR PANELS
Light, bright and backing to a greenbelt! Welcome to this wonderful home in Southshore! This nearly new home has all the upgrades one can want. The
main floor features LVT flooring throughout, 10' ceilings, and one of the most popular floor plans. The kitchen has 42" dark maple cabinets, slab quartz
counters, stainless double ovens/microwave, dishwasher, gas cooktop and refrigerator. There is a kitchen island with a sink, hands free faucet, reverse
osmosis system and pendant lights. The kitchen has a nice size eating space and is adjacent to the great room. The great room is spacio... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.23
Remaining Loan Term
27 years, 2 months
Monthly PITI
$4,304.02/mo
Estimated Loan Balance
$589,099
Cash to close
$61,341
Interest Paid
$86,785

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Concrete, Frame, Stone
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas
  • Flooring: Carpet, Tile, Vinyl

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: Traditional
Materials
  • Concrete, Frame, Stone
  • Roof: Composition
Condition
  • Year Built: 2021
Details
  • Builder: Taylor Morrison

Community & HOA

Community
  • Subdivision: SOUTHSHORE
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Southshore Master
  • HOA Amenities: Unknown
  • HOA Fee: $30
  • HOA Frequency: $Monthly
Location
  • Region: Aurora

Financial Details

  • Price per Sqft: $330.41
  • Tax Annual Amount: $5061
  • On Market Date: Jul 22, 2024
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Savings Calculator

Current cash to close is $61,341 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
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0%20%50%

You cover the entire equity of $61,341!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$578,659
Your Cash$61,341
Total Purchase Price:$640,000

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$3,292/mo
Traditional @ 7.15%
$4,186/mo
You save $894/month ($10,729/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3280383

Listing From: recolorado

Last updated: Nov 16, 2024 05:33pm

© 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

5.23%
7.15%

Principal & Interest

$3,292 /mo
$4,036 /mo
$86,785 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 $61,341 (10%)
You can enter any amount below - secondary financing will cover the difference if needed.
10%
$
0%20%50%

You cover the entire equity of $61,341!

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

Loan Breakdown

Assumed Mortgage5.23% Sellers Rate
$578,659
Your Cash$61,341
Total Purchase Price:$640,000

Assumed vs Traditional Mortgage

Assumed @ 5.23%
$3,292/mo
Traditional @ 7.15%
$4,186/mo
You save $894/month ($10,729/year)

*Secondary financing rates are an estimated value based on input

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May, 16 2025

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