888 Reed
FHA Assumable
5.23% Rate
50 photos
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888 Reed

Lakewood, CO 80226

2
Bedrooms
1
Bathrooms
840
Sq Ft

Payment Calculator

$1,845per 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?$17,500
$17,500$23,453
Secondary Financing8.5% Rate
$5,953
Blended rate5.29% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,102/mo
Assumable @ 5.23% + gap
$1,845/mo
$257less per month
$257
per month
$3,080
per year
$92,409
over 30 years

🏦 Loan Details

List Price
$350,000
Assumable Rate
5.23%
Remaining Balance
$326,547
Loan Type
FHA
Est. Equity Gap
$23,453
Annual Taxes
$1,463
HOA/mo
$359

About This Home

Elevated style meets turnkey ease in this beautifully updated Lakewood residence, where thoughtful design and modern comfort create an inviting retreat. A bright, open-concept layout unfolds beneath vaulted ceilings, anchored by a tiled fireplace and enhanced by abundant natural light. The kitchen impresses with all-white cabinetry, sleek countertops, a tiled backsplash, stainless steel appliances, a peninsula with seating and a professionally designed Container Store pantry. LVP flooring, fresh paint and shiplap accents add warmth and character throughout. The spacious primary bedroom boasts a custom walk-in closet, while a generous secondary bedroom provides flexibility for guests or a home office. A neutral full bath and in-unit laundry offer everyday convenience, and the private balcony features upgraded composite flooring for effortless outdoor enjoyment. With two off-street parking spaces, this turnkey residence delivers style, comfort and ease in a central Lakewood location. Please be sure to read the letter from the seller describing the most attractive features of this home and neighborhood.

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
$350,000
5.23% rateFHASave $199/mo

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