1685 Kenton
FHA Assumable
2.68% Rate
50 photos
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1685 Kenton

Aurora, CO 80012

6
Bedrooms
4
Bathrooms
2,730
Sq Ft

Payment Calculator

$2,752per 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?$26,500
$26,500$162,144
Secondary Financing8.5% Rate
$135,644
Blended rate4.09% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,182/mo
Assumable @ 2.68% + gap
$2,752/mo
$431less per month
$431
per month
$5,167
per year
$155,023
over 30 years

🏦 Loan Details

List Price
$530,000
Assumable Rate
2.68%
Remaining Balance
$422,417
Loan Type
FHA
Est. Equity Gap
$162,144
Annual Taxes
$2,959

About This Home

Welcome to this incredible opportunity in Village East for the hands-on first-time buyer or investor ready to roll up your sleeves and build instant equity! This solid 1965 ranch-style home with a fully finished walk-out basement offers two complete living areas with separate entrances - perfect for multi-generational living, a private suite for family, or creating future rental income as you grow into it.\r Upstairs you’ll find three spacious bedrooms (including a generous primary suite), two bathrooms, a bright living room with cozy brick fireplace, dining area, and a functional kitchen with peninsula seating. Downstairs the fully finished lower level functions as its own 3-bedroom, ¾-bath apartment complete with a second kitchen, family room featuring another wood-burning fireplace with modern wood surround, laundry room, and a large bedroom with a working sink and vanity. All three lower bedrooms have private patio/walk-out access potential.\r The home has a strong foundation with fresh neutral finishes, ceiling fans, wood-look flooring downstairs, and bright natural light throughout - but it still leaves plenty of room for your personal vision and sweat-equity upgrades (paint, fixtures, countertops, etc.) to make it truly your own and watch the value climb.\r Outside enjoy a massive 10-space parking setup (2-car attached garage + huge concrete/gravel driveway with third lane), a large upper deck overlooking mature trees, a fully fenced backyard with xeriscaping for easy maintenance, and no HOA. Located in the highly rated Cherry Creek School District and walking distance to Costco, Target, Lowe’s, plus a variety of restaurants, sushi, ramen, and more.\r Whether you’re a first-time buyer with renovation skills looking to create your dream home or an investor who sees the strong potential of dual living units (live in one, lease the other), this versatile 6-bed, 3-bath property delivers incredible flexibility and long-term upside.

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
$530,000
2.68% rateFHASave $1,494/mo

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