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Closed
Closed

$350,000

($253,565 down)
FHA

7476 E Arkansas Avenue UNIT 32, Denver, CO 80231

2
3
1,395 sqft
PITI Monthly
$1,192.5 /mo

Listing courtesy of: Kelly Nichols, RE/MAX Professionals

Assumed Rate

5%
7.15%

Principal & Interest

$783 /mo
$986 /mo
$100,168 in interest paid off

What's Special

MINUTES AWAY
FINISHED BASEMENT
HOME OFFICE
PATIO
CLUBHOUSE
BUYERS FINANCING FELL THROUGH AT THE LAST MINUTE! Incredible opportunity to own this wonderful home below market value! The design is open
and flowing, perfect for entertaining guests and family. The kitchen has ample counter space, so creating a culinary masterpiece is a breeze. The back
patio is your own little oasis, backing to an open space for privacy so that you can enjoy a morning cup of coffee, or an afternoon BBQ in the shade.
Retreat after a long day to the primary bedroom, offering a vaulted ceiling, lending to the open feel, and also enjoy the En Suite bath. Th... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5
Remaining Loan Term
13 years, 9 months
Monthly PITI
$1,192.5/mo
Estimated Loan Balance
$101,614
Cash to close
$253,565
Interest Paid
$100,168

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Great Room
  • Flooring: Carpet, Laminate, Linoleum, Tile

Exterior

Fencing
  • Fencing: Full
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
  • Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1985
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Windsong
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Windsong Condominiums Association
  • HOA Amenities: Unknown
  • HOA Fee: $424
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $250.9
  • Tax Annual Amount: $1869
  • On Market Date: Sep 06, 2024
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Savings Calculator

Current cash to close is $253,565 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
$
0%20%50%

You cover the entire equity of $253,565!

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

Loan Breakdown

Assumed Mortgage5% Sellers Rate
$96,435
Your Cash:$253,565
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 5%
$783/mo
Traditional @ 7.15%
$1,022/mo
You save $239/month ($2,868/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8690813

Listing From: recolorado

Last updated: Nov 26, 2024 05:11pm

© 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%
7.15%

Principal & Interest

$783 /mo
$986 /mo
$100,168 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 $253,565 (72%)
You can enter any amount below - secondary financing will cover the difference if needed.
72%
$
0%20%50%

You cover the entire equity of $253,565!

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

Loan Breakdown

Assumed Mortgage5% Sellers Rate
$96,435
Your Cash:$253,565
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 5%
$783/mo
Traditional @ 7.15%
$1,022/mo
You save $239/month ($2,868/year)

*Secondary financing rates are an estimated value based on input

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