1840 Sherrelwood
FHA Assumable
3.07% Rate
50 photos
Click to enlarge

1840 Sherrelwood

Denver, CO 80221

5
Bedrooms
2
Bathrooms
2,100
Sq Ft

Payment Calculator

$2,295per month

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?$25,495
$25,495$93,682
Secondary Financing8.5% Rate
$68,187
Blended rate3.83% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,062/mo
Assumable @ 3.07% + gap
$2,295/mo
$767less per month
$767
per month
$9,203
per year
$276,093
over 30 years

🏦 Loan Details

List Price
$509,900
Assumable Rate
3.07%
Remaining Balance
$416,218
Loan Type
FHA
Est. Equity Gap
$93,682
Annual Taxes
$3,356
HOA/mo
$370

About This Home

Your dream home and vibrant lifestyle have arrived! This classic mid-century modern brick ranch offers a delightful blend of nostalgic charm and modern updates. Step inside to find beautiful hardwood floors and a stylish barn-door leading to a flexible space currently used as a dining room; but equally suited as a home office or conforming bedroom. The charming, updated kitchen features attractive tile flooring, contemporary finishes, a glass cooktop stove/oven, and newer energy-efficient appliances, including a dishwasher, microwave, and refrigerator. Modern color palettes create a calm, cohesive feel that flows seamlessly from the spacious living room into two additional main-level bedrooms and a full bathroom, offering comfortable and functional living.\r Downstairs, the basement opens to a colossal family room, providing ample space for entertaining, relaxing, or hobbies. Two additional non-conforming bedrooms, along with a bonus room between what is now the primary bedroom and laundry offer flexibility for your lifestyle. The laundry room is well equipped with a washer, dryer, utility sink, and both a newer high end hot water heater and water softener. A leased solar system installed in 2022 has provided meaningful energy savings for the household. Outside, enjoy mountain views from the back patio and the opportunity to design landscaping to your personal taste. RV parking is a possibility along the east side of the large corner lot. The home's location offers easy access to multiple highways, making daily commutes simple while also opening the door to the many perks of neighboring cities and quick escapes to Colorado’s stunning mountain landscapes. An added bonus is the home’s proximity to the exciting upcoming Uplands master-planned community near 84th Ave and Federal Blvd. Buy this home and benefit from convenient access (approx. 3 miles) to emerging parks, trails, and pathways. This location truly blends suburban convenience with active lifestyle living.

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
$509,900
3.07% rateFHASave $1,120/mo

Request a Tour or Talk With an Agent

Schedule a showing or talk with our team

Or reach us directly:

📞 (719) 624-3472