Joanie DiMatteo-Godsey

Joanie DiMatteo-Godsey

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Closed

$699,000

($395,491 down)
FHA

3410 S Cherry Street, Denver, CO 80222

3
2
1,766 sqft
PITI Monthly
$2,764.94 /mo

Listing courtesy of: Nicholas Quenzer, Compass - Denver

Assumed Rate

3.16%
7.15%

Principal & Interest

$1,922 /mo
$3,017 /mo

What's Special

SERENE
MINUTES AWAY
SHOPPING
DINING
SPACIOUS
LANDSCAPED
CHARMING

PRICE DROP! Nestled in the heart of the picturesque University Hills neighborhood lies a charming family home waiting to tell its story. Enter your new home, where every corner exudes warmth and comfort. The spacious living areas invite you to create memories with loved ones. The kitchen, a hub of culinary creativity, boasts ample space and a breakfast bar for those delightful family breakfasts or intimate gatherings. Retreat to the primary bedroom, your private sanctuary with an additional sitting area, offering a peaceful escape after a busy day. 2 more bedrooms and bathroom makes for ample space for your family and guests. Outside, the beautifully landscaped Corner Lot has a large backyard and provides a serene backdrop for outdoor gatherings or moments of quiet reflection. Located in the highly sought-after University Hills, this home is not just a place to live, but a community where families thrive. Close to top-rated schools, parks for weekend adventures, and convenient shopping and dining options. Discover the vibrant neighborhood of University Hills, where the charm of suburban life meets the excitement of urban living. Nestled between downtown Denver and the Denver Tech Center, this community offers unparalleled convenience and endless possibilities. Just minutes away from downtown, immerse yourself in Denver's cultural scene with theaters, museums, and lively dining options. Whether it's a night out at the theater or sampling cuisine from around the world, downtown Denver provides a vibrant backdrop for city living. For professionals, the nearby Denver Tech Center offers a bustling hub of innovation and business opportunities. With easy access to major highways, commuting is streamlined, ensuring you're always connected to the heart of Denver's economic pulse. Imagine your life in University Hills, where comfort meets convenience, and every day brings new possibilities.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.16
Remaining Loan Term
24 years, 10 months
Monthly PITI
$2,764.94/mo
Estimated Loan Balance
$405,221
Cash to close
$395,491
Interest Paid
$69,018

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Brick, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas, Gas Log, Living Room
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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: Traditional
Materials
  • Brick, Frame
  • Roof: Composition
Condition
  • Year Built: 1953
Details
  • Builder:

Community & HOA

Community
  • Subdivision: University Place
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $395.81
  • Tax Annual Amount: $3716
  • On Market Date: 2024-07-05T00:00:00.000Z
Inquire about this property

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Apply to Assume

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

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Savings Calculator

Current cash to close is $395,491 (57%)
You can enter any amount below - secondary financing will cover the difference if needed.
57%
$

You cover the entire equity of $395,491!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$303,509
Your Cash:$395,491
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,922/mo
Traditional @ 7.5%
$3,130/mo
You save $1,208/month ($14,490/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC1719375

Listing From: recolorado

Last updated: 2024-10-02T21:35:16.000Z

© , 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

3.16%
7.15%

Principal & Interest

$1,922 /mo
$3,017 /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 $395,491 (57%)
You can enter any amount below - secondary financing will cover the difference if needed.
57%
$

You cover the entire equity of $395,491!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$303,509
Your Cash:$395,491
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$1,922/mo
Traditional @ 7.5%
$3,130/mo
You save $1,208/month ($14,490/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Compass
Agent/Broker
Joanie DiMatteo-GodseyCompass(480) 457-0340joanie@azhomesbyjoanie.comMLS

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