1761 Chambers
FHA Assumable
5.75% Rate
50 photos
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1761 Chambers

Aurora, CO 80011

3
Bedrooms
2
Bathrooms
1,781
Sq Ft

Payment Calculator

$3,661per 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?$24,000
$24,000$404,879
Secondary Financing8.5% Rate
$380,879
Blended rate7.82% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,882/mo
Assumable @ 5.75% + gap
$3,661/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$480,000
Assumable Rate
5.75%
Remaining Balance
$125,444
Loan Type
FHA
Est. Equity Gap
$404,879
Annual Taxes
$3,913
HOA/mo
$40

About This Home

Huge opportunity on nearly half an acre in Aurora. Situated on a rare 20,000+ sq ft lot, this ranch style home offers incredible potential for investors, flippers, or buyers looking to create their dream property. Currently configured as a 3 bedroom, the home was originally a 4 bedroom and could potentially be converted back by adding a wall.\r \r Features include 2 full bathrooms, 1,781 finished square feet, central A/C, forced air heating, fireplace, and a functional single level layout. The oversized detached 2 car garage adds exceptional flexibility with potential to build out a second story ADU above the garage, offering exciting possibilities for additional living space, rental income, guest quarters, or multigenerational living. Buyers to verify zoning and feasibility with the city.\r \r The property does need TLC and is being sold in its current condition, making it the perfect project house with strong upside potential. Large lots like this are hard to find in the area and offer endless possibilities for expansion, outdoor living, parking, or future improvements.\r \r Conveniently located near schools, parks, shopping, major highways, and public transportation.

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
$480,000
5.75% rateFHASave $1,794/mo

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