1052 Lipan Street
FHA Assumable
6.76% Rate
27 photos
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1052 Lipan Street

Denver, CO 80204

5
Bedrooms
3
Bathrooms
2,020
Sq Ft

Payment Calculator

$3,071
per month, total
$24,750
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?$24,750
$24,750$59,635
Second loan$34,885
%
Blended rate6.81% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,972/mo
Assumable @ 6.76% + gap
$3,071/mo

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
$495,000
Assumable Rate
6.76%
Remaining Balance
$435,364
Loan Type
FHA
Est. Equity Gap
$59,635
Annual Taxes
$2,903

About This Home

Charming 19th century home in the heart of Denver! This 2-bedroom single-family house is located minutes from downtown Denver and just 4 blocks from the future Broncos Stadium site. Inside you'll find spacious living and dining areas with hardwood floors and much of the original character. The kitchen features updated counters and cabinetry, stainless steel appliances, and space for a butler's pantry or breakfast nook. Located off of the kitchen is a convenient laundry/mud room with access to the backyard. From there, you can access the basement cellar with plenty of storage space. The home has a new electrical panel and a new Energy Star Certified heat pump for optimal heating and cooling. The big stuff has been taken care of! Situated on a large, fully-fenced lot, you can enjoy gardening, relaxing sitting areas, and new landscaping, still with plenty of space for parking, recreation, and the potential for an accessory dwelling unit. The location, building potential, and proximity to future developments provides great investment and rental opportunity. The inviting neighborhood fosters community through annual block parties, a fall chili cookoff, and events throughout the year. Located in Lincoln Park, you can conveniently reach dining, shopping, and entertainment. Walk to the park, the 10th & Osage light rail station, the Santa Fe Art District, and more!

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
$495,000
6.76% rateFHA

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