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Closed
Closed

$300,000

($0 down)*
FHA

Potential short sale please verify with your agent.

5741 E Ithaca Place UNIT 2, Denver, CO 80237

2
2
1,999 sqft
PITI Monthly
$2,129.99 /mo

Listing courtesy of: Jim Garcia, RE/MAX Professionals

Assumed Rate

2.74%
7.15%

Principal & Interest

$1,557 /mo
$2,580 /mo
$41,618 in interest paid off

What's Special

LOCATION
SHOPPING
ENTERTAINMENT
SPACIOUS
HARDWOOD FLOORS
BREAKFAST NOOK
WALK-IN CLOSET
PATIO
INVESTMENT OPPORTUNITY
GREAT INVESTMENT OPPORTUNITY. One of the largest 2 bedroom units in the complex. HOA fee includes-Gas, Heat, Water, Sewer, Exterior Insurance,
Snow Removal, and Common Area Maintenance (not electric). Great location & well kept area just west of I-25 & Hampden. This one level, main floor
unit has 2 sizable bedrooms with their own bathrooms, an enclosed patio, laundry room (W/D included), breakfast nook, open floor plan, and an
attached garage. Upgrades include new interior paint & carpet, slab granite counter tops, cherry cabinets, pendant lighting, plantation sh... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.74
Remaining Loan Term
25 years, 10 months
Monthly PITI
$2,129.99/mo
Estimated Loan Balance
$358,554
Cash to close
$0
Interest Paid
$41,618

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Hot Water, Natural Gas
Features
  • Materials: Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Tile, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
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: Condominium
  • Architectural Style: Unknown
Materials
  • Brick
  • Roof: Composition
Condition
  • Year Built: 1966
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Southmoor Park
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Southmoor Park Condominium Association Inc
  • HOA Amenities: Unknown
  • HOA Fee: $632
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $150.08
  • Tax Annual Amount: $1826
  • On Market Date: May 29, 2024
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Savings Calculator

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

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$300,000
Your Cash$0
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,557/mo
Traditional @ 7.15%
$2,676/mo
You save $1,119/month ($13,424/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC5202040

Listing From: recolorado

Last updated: Oct 11, 2024 06:38pm

© 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

2.74%
7.15%

Principal & Interest

$1,557 /mo
$2,580 /mo
$41,618 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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$
0%20%50%

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage2.74% Sellers Rate
$300,000
Your Cash$0
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 2.74%
$1,557/mo
Traditional @ 7.15%
$2,676/mo
You save $1,119/month ($13,424/year)

*Secondary financing rates are an estimated value based on input

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