4074 Picadilly
FHA Assumable
5.25% Rate
50 photos
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4074 Picadilly

Aurora, CO 80019

3
Bedrooms
3
Bathrooms
2,066
Sq Ft

Payment Calculator

$2,707per month
No secondary financing needed

The equity gap on this property ($-40,222) is less than 5% of the purchase price ($22,500). Your down payment covers the full gap with no second mortgage required.

Down payment$-40,222
Effective rate5.25% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,702/mo
Assumable @ 5.25%
$2,707/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$450,000
Assumable Rate
5.25%
Remaining Balance
$490,222
Loan Type
FHA
Est. Equity Gap
Contact us
Annual Taxes
$6,608
HOA/mo
$50

About This Home

SHORT SALE — HUD APPROVED VALUE | $450,000\r \r A rare find that lives like a true ranch—yet offers the flexibility today's buyers crave. This beautifully designed 3BD/3BA home delivers an open, airy floor plan with main-level living and a thoughtfully placed upstairs retreat that sets it apart.\r \r The spacious kitchen features a large center island, generous cabinetry, and seamless flow into dining and living spaces. The main-level primary suite offers comfort and privacy. Upstairs, a private loft with bedroom and full bath is perfect for guests, teens, or a home office. Outside enjoy a low-maintenance yard, two-car garage and EV charging station ready to hook up.\r \r FINANCIAL ADVANTAGE: Existing GoodLeap solar loan at 3.49% interest with a $152.16/month payment. System generates far more power than the home consumes — virtually eliminating the electric bill. Rare long-term savings from day one.\r \r SOLAR DISCLOSURE: Outstanding balance ~$28,058. HUD will not allow solar payoff on settlement statement. Buyer must handle solar outside of closing — either assume after paying down ~$7,631 gap or pay off in full directly to GoodLeap. Contact assumptions@goodleap.com before submitting offer.\r \r HUD pre-foreclosure short sale. Subject to third party lender approval. Allow 5-7 business days for review after offer submission. All offers must meet HUD minimum net proceeds. Sold AS-IS. Pre-listing inspection available upon request.\r \r Schedule your showing before it's gone.

Data Source: REcolorado MLS

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
$450,000
5.25% rateFHA

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