3093 Olathe
FHA Assumable
3.96% Rate
50 photos
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3093 Olathe

Aurora, CO 80013

2
Bedrooms
2
Bathrooms
2,632
Sq Ft

Payment Calculator

$2,398per 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?$22,500
$22,500$99,472
Secondary Financing8.5% Rate
$76,972
Blended rate4.72% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,702/mo
Assumable @ 3.96% + gap
$2,398/mo
$304less per month
$304
per month
$3,645
per year
$109,351
over 30 years

🏦 Loan Details

List Price
$450,000
Assumable Rate
3.96%
Remaining Balance
$380,224
Loan Type
FHA
Est. Equity Gap
$99,472
Annual Taxes
$3,363
HOA/mo
$119

About This Home

Opportunity knocks in Aurora! This ranch-style single-family home sits on a generous corner lot in the established Meadowood neighborhood and is ready for a buyer with vision. If you have been searching for a home where you can build sweat equity, personalize the finishes, and create long-term value, this is the one to see.\r The home offers 3 bedrooms, 2 bathroom, an attached 2-car garage plus RV parking, a basement with a kitchen, and outdoor deck space, giving you a strong foundation to work from. You will find unfinished projects and areas ready for repair, updates, and your personal touch. Outside, the yard is a blank canvas, untouched and waiting for someone to bring it back to life with landscaping, garden space, play areas, or outdoor entertaining area.\r This property is best suited for a conventional loan, cash buyer, investor, or handy owner-occupant. Due to chipping paint and unfinished items, it is not expected to qualify for FHA or VA financing.\r With its ranch floor plan, basement potential, attached garage, large lot, and Aurora location, this home offers the kind of upside buyers are still searching for. Bring your ideas, your contractor, and your vision — this is your chance to create value in a neighborhood where opportunity is getting harder to find.

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
$450,000
3.96% rateFHASave $920/mo

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