Sarah Brewer

Sarah Brewer

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$300,000

($96,742 down)
FHA

5255 Memphis Street UNIT 1112, Denver, CO 80239

2
2
931 sqft
PITI Monthly
$1,362.63 /mo

Listing courtesy of: Ashley Warren, Compass - Denver

Assumed Rate

2.94%
7.15%

Principal & Interest

$945 /mo
$1,525 /mo

What's Special

BALCONY
CLUBHOUSE

If you are looking for a wonderful two bedroom, two bath condo that's been not only well cared for but beautifully updated, this is the one! This second story condo is move in ready. With new paint, new dishwasher, new oven, new microwave, new light fixtures and new bathroom fixtures, all you need to do is move your boxes and head to the clubhouse to enjoy the pool just steps away. Conveniently located, the complex is 11 miles from Denver International Airport and 30 minutes to Downtown Denver. Primary bedroom has two closets and there is a storage closet on the balcony, giving plenty of room for all of your clothes and hobbies! Welcome home! For 3D tour and floorplan, click on virtual tour in supplements.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.94
Remaining Loan Term
25 years, 6 months
Monthly PITI
$1,362.63/mo
Estimated Loan Balance
$203,704
Cash to close
$96,742
Interest Paid
$28,445

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame, Stone
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas
  • Flooring: Laminate, Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Frame, Stone
  • Roof: Composition
Condition
  • Year Built: 2005
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Trails at Parkfield Lake
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Goodwin & Company
  • HOA Amenities: Unknown
  • HOA Fee: $360
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $322.23
  • Tax Annual Amount: $1294
  • On Market Date: 2025-04-11T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $96,742 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $96,742!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$203,258
Your Cash$96,742
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$945/mo
Traditional @ 7.15%
$1,582/mo
You save $637/month ($7,648/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC1553422

Listing From: recolorado

Last updated: 2025-04-11T20:02:23.000Z

© , 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

2.94%
7.15%

Principal & Interest

$945 /mo
$1,525 /mo
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 $96,742 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $96,742!

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

Loan Breakdown

Assumed Mortgage2.94% Sellers Rate
$203,258
Your Cash$96,742
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 2.94%
$945/mo
Traditional @ 7.15%
$1,582/mo
You save $637/month ($7,648/year)

*Secondary financing rates are an estimated value based on input

Follow Us
HomeSmart
Agent/Broker
Sarah BrewerHomeSmart(719) 257-3753cosoldbysarah@gmail.comMLS 100088237

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than HomeSmart are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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