381 Ames Street
FHA Assumable
3.88% Rate
25 photos
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381 Ames Street

Lakewood, CO 80226

3
Bedrooms
3
Bathrooms
2,752
Sq Ft

Payment Calculator

$1,282
per month, total
$12,250
cash you bring

In an assumption, your down payment covers the seller's equity. You'll need at least 5% of the purchase price in cash, and the rest can be covered with secondary financing.

How much can you bring down?$12,250
$12,250$93,980
Second loan$81,730
%
Blended rate5.15% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,471/mo
Assumable @ 3.88% + gap
$1,282/mo
$189less per month
$189
per month
$2,269
per year
$68,071
over 30 years

Estimates only, not a loan offer, quote, or approval. Payments are principal and interest and exclude taxes, insurance, HOA dues and closing costs. The second-loan rate is an assumption you can edit, not a quoted rate. Assumption terms are subject to lender and servicer approval and verification.

🏦 Loan Details

List Price
$245,000
Assumable Rate
3.88%
Remaining Balance
$151,020
Loan Type
FHA
Est. Equity Gap
$93,980

About This Home

Bright, cheery, and made for entertaining—this spacious 2-bed, 2-bath condo features an open floor plan with engineered flooring, a cozy wood-burning fireplace with modern tile surround, a 160sqft covered front porch as well as a 2nd covered master bedroom balcony for soaking up sunsets and overlooking the pool, green space, and your two dedicated parking spots! The updated kitchen boasts granite countertops, a sleek undermount sink, subway tile backsplash, stainless steel appliances (including a new built-in microwave), a rare walk-in pantry, and bonus cabinet storage. Retreat to the large primary suite with its own private balcony, plush NEW carpet, new AC, walk-in closet, and en-suite bath with a poured shower pan, glass enclosure, tile surround, and quartz vanity. The second bedroom also offers plush NEW carpet, a a walk-in closet, modern ceiling fan, and easy access to a stylish full bath featuring a soaking tub and floor-to-ceiling tile. Enjoy a full-size laundry closet (washer/dryer included), smooth ceilings (popcorn removed!), a new electrical panel, and DUAL AC units for year-round comfort. HOA covers heat, water, sewer, trash, snow removal, exterior maintenance, roof insurance, additional community laundry room, and a private storage unit. 2 dedicated parking spots right out front! Community pool opens Memorial Day weekend, with additional garages available to rent if desired. Well-managed and affordable, this condo checks all the boxes—just move in and start living! Agent is providing a comprehensive HOA Summary Report.

Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.

This listing
$245,000
3.88% rateFHASave $189/mo

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