5725 Atlantic
Lakewood, CO 80227
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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
- $269,000
- Assumable Rate
- 3.77%
- Remaining Balance
- $177,701
- Loan Type
- FHA
- Est. Equity Gap
- $90,901
- Annual Taxes
- $1,579
- HOA/mo
- $390
About This Home
Welcome to this bright top-floor condo featuring vaulted ceilings, an oversized arched window, abundant natural light, and an open, airy layout. Seller is offering a $2,500 concession with an acceptable offer, which may be used toward buyer closing costs, a rate buy-down, prepaid HOA dues, or other lender-approved costs. The HOA is professionally managed, in good standing, and current information indicates reserves meet applicable lending review requirements. There are no current special assessments, and the 2024 roof/hail-related assessment has been paid in full. HOA documents are available for buyer and lender review. \r \r Inside, the living room features a wood-burning fireplace, while the private balcony offers a peaceful place to enjoy morning coffee, mature trees, fresh air, and seasonal mountain views. The kitchen provides generous cabinet space, a breakfast bar, and an open connection to the living and dining areas. The original oven and microwave remain functional, adding retro character with the option to update over time. Two bedrooms provide excellent storage, including an oversized closet in the primary bedroom and a walk-in closet in the second bedroom. The Jack-and-Jill bathroom is accessible from both the primary bedroom and hallway and features a large double-sink vanity with generous counter and cabinet space.\r Additional highlights include in-unit laundry, central air, newer windows with a transferable warranty, two reserved parking spaces near the building entrance, and access to the community’s heated swimming pool.Bear Creek Greenbelt and Bear Creek Lake Park are nearby, offering walking and biking trails, open space, hiking, fishing, boating, paddleboarding, and foothill scenery. Convenient access to Wadsworth, Sheridan, US-285, I-25, and C-470 makes it easy to reach downtown Denver and surrounding communities. Clean, move-in ready, and offered at $269,000, this condo provides an excellent opportunity to settle in now and personalize over time.
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.
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