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Under Contract
Under Contract

$509,900

($164,912 down)
FHA

3480 W 96th Avenue, Westminster, CO 80031

3
2
2,120 sqft
PITI Monthly
$2,212.76 /mo

Listing courtesy of: Samuel Jamie Abeyta, Distinct Real Estate LLC

Assumed Rate

2.98%
7.15%

Principal & Interest

$1,558 /mo
$2,502 /mo
$39,764 in interest paid off

What's Special

SHOPPING
SPACIOUS
MODERN
HARDWOOD FLOORS
PATIO
MOUNTAIN VIEWS
SOLAR PANELS
AFFORDABLE
INCOME POTENTIAL
RENTAL INCOME
FHA ASSUMABLE LOAN! Huge price reduction! Owner says sell! This Brick Ranch style home sits at the top of the street on a hill, offering beautiful
mountain views from the patio. This is a 3 bed 2 bath Brick Ranch home with a separate entrance to the mother in laws apartment in the basement
and a 320 sf sun room addition at the back of the home. The solar panels help keep the electric bill low, in fact in the summer you may receive a credit
or 2 on your monthly bill. It is nestled in the highly desirable Sunset Ridge neighborhood. A great home with rental income potential. The ... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.98
Remaining Loan Term
26 years, 3 months
Monthly PITI
$2,212.76/mo
Estimated Loan Balance
$349,157
Cash to close
$164,912
Interest Paid
$39,764

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Active Solar, Forced Air, Natural Gas
Features
  • Materials: Frame, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Tile, Vinyl, Wood

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Cement Shake
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • 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
  • Frame, Stucco
  • Roof: Cement Shake
Condition
  • Year Built: 1972
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Sunset Ridge
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Westminster

Financial Details

  • Price per Sqft: $240.52
  • Tax Annual Amount: $2715
  • On Market Date: Oct 05, 2024
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Savings Calculator

Current cash to close is $164,912 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$
0%20%50%

You cover the entire equity of $164,912!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$344,988
Your Cash$164,912
Total Purchase Price:$509,900

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,558/mo
Traditional @ 7.15%
$2,595/mo
You save $1,037/month ($12,447/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3430538

Listing From: recolorado

Last updated: Mar 03, 2025 03:40am

© 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

2.98%
7.15%

Principal & Interest

$1,558 /mo
$2,502 /mo
$39,764 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 $164,912 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$
0%20%50%

You cover the entire equity of $164,912!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$344,988
Your Cash$164,912
Total Purchase Price:$509,900

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,558/mo
Traditional @ 7.15%
$2,595/mo
You save $1,037/month ($12,447/year)

*Secondary financing rates are an estimated value based on input

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May, 16 2025

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