5255 Memphis
Denver, CO 80239
Payment Calculator
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.
🏦 Loan Details
- List Price
- $253,000
- Assumable Rate
- 3.16%
- Remaining Balance
- $191,339
- Loan Type
- VA
- Est. Equity Gap
- $60,787
- Annual Taxes
- $1,242
- HOA/mo
- $364
About This Home
This unit comes with something most listings can't offer right now: an assumable loan at 4%. That's a real number, not a teaser rate, and it transfers to a buyer who plans to live here — a meaningful edge in this rate environment. The loan is an FHA assumable loan - buyer is subject to lender approval and qualification requirements. \r Beyond that: a ground-floor 2-bedroom, 1.5-bath condo in northeast Denver's Trails at Parkfield Lake community, 925 square feet. The primary bedroom fits a king bed with room to spare. The second bedroom is non-conforming, so it works as an office, guest room, or whatever you need it to be.\r Location holds its own too. The A Line is five minutes away — Union Station and downtown without touching a highway. DIA is a 10-minute drive. Anschutz, Children's Hospital, UCHealth University of Colorado Hospital, and the VA are all an easy commute, which matters if you work at any of them.\r Outside, Parkfield Lake Park is right there — walking paths and open space that keep things quiet despite how connected the location is. Community pool for summer. Dining and shopping along Peña and Tower Road cover the day-to-day.\r Good fit for a first-time buyer looking for a smart entry point, or a healthcare worker or traveler who wants this location and a payment most buyers can't touch right now.
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.
Request a Tour or Talk With an Agent
Schedule a showing or talk with our team
Or reach us directly:
📞 (719) 624-3472