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Closed
Closed

$615,000

($100,451 down)
VA

691 S Simms Street, Lakewood, CO 80228

5
2
1,700 sqft
PITI Monthly
$3,629.32 /mo

Listing courtesy of: Jamie Schingeck, RE/MAX PROFESSIONALS

Assumed Rate

6.43%
7.15%

Principal & Interest

$3,275 /mo
$3,526 /mo
$60,921 in interest paid off

What's Special

MODERN
LUXURY
PRIVATE BACKYARD
Turn-key renovation includes updated windows, appliances, flooring, paint, cabinets, bathrooms! Discover a beautifully updated Mid-Century Modern
home that seamlessly blends iconic design with modern finishes. The great room showcases a modest vault, true to Mid-Century style, while large
windows flood the space with natural light, creating a warm and inviting atmosphere. The original wood entry accent complements the new Luxury
Vinyl Plank flooring, marrying vintage charm with contemporary durability. The main level features two bedrooms and a stunning bathroo... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.43
Remaining Loan Term
28 years, 2 months
Monthly PITI
$3,629.32/mo
Estimated Loan Balance
$515,578
Cash to close
$100,451
Interest Paid
$60,921

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Evaporative Cooling
  • Heating: Forced Air
Features
  • Materials: Brick, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Vinyl

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Other
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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: Mid-Century Modern
Materials
  • Brick, Frame
  • Roof: Other
Condition
  • Year Built: 1955
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Green Mountain Village
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Lakewood

Financial Details

  • Price per Sqft: $361.76
  • Tax Annual Amount: $2247
  • On Market Date: Oct 01, 2024
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Savings Calculator

Current cash to close is $100,451 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$
0%20%50%

You cover the entire equity of $100,451!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$514,549
Your Cash$100,451
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$3,275/mo
Traditional @ 7.15%
$3,657/mo
You save $382/month ($4,580/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4991359

Listing From: recolorado

Last updated: Oct 21, 2024 09:05pm

© 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

6.43%
7.15%

Principal & Interest

$3,275 /mo
$3,526 /mo
$60,921 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 $100,451 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$
0%20%50%

You cover the entire equity of $100,451!

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

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$514,549
Your Cash$100,451
Total Purchase Price:$615,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$3,275/mo
Traditional @ 7.15%
$3,657/mo
You save $382/month ($4,580/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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