861 Racine
VA Assumable
3.69% Rate
50 photos
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861 Racine

Aurora, CO 80011

3
Bedrooms
2
Bathrooms
1,412
Sq Ft

Payment Calculator

$2,608per 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?$20,795
$20,795$276,280
Secondary Financing8.5% Rate
$255,485
Blended rate6.80% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,497/mo
Assumable @ 3.69% + gap
$2,608/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$415,900
Assumable Rate
3.69%
Remaining Balance
$140,015
Loan Type
VA
Est. Equity Gap
$276,280
Annual Taxes
$2,782
HOA/mo
$110

About This Home

Thoughtfully updated and move-in ready, this beautifully maintained 3-bedroom, 2-bath ranch combines major system upgrades, modern finishes, and exceptional value. Recent improvements include a brand-new roof, professionally updated sewer system, newer furnace/HVAC system and water heater, updated electrical, fresh interior and exterior paint, newer carpet, a new garage door, professionally trimmed mature trees, and a sprinkler system, giving buyers peace of mind that many of the home's biggest expenses have already been completed.\r \r The bright, open floor plan flows seamlessly between the living, dining, and kitchen areas, creating an ideal space for everyday living and entertaining. The spacious primary bedroom connects to a Jack and Jill bath, while two additional bedrooms offer flexibility for family, guests, or a home office.\r \r Situated on an oversized 8,059 sq ft lot, the property offers room to create your own outdoor retreat. The attached one-car garage provides convenient access through the laundry room.\r \r Located minutes from Anschutz Medical Campus, Children's Hospital Colorado, UCHealth, the VA Medical Center, Buckley Space Force Base, I-225, light rail, and DIA, this home offers exceptional convenience for homeowners and investors alike. Comparable 3-bedroom homes in the area have recently achieved rents in the mid-to-upper $2,000s per month, offering excellent long-term investment potential. Qualified buyers may also be eligible for the City of Aurora's Down Payment Assistance Program. Buyers should verify rental income potential and program eligibility independently.

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
$415,900
3.69% rateVASave $1,671/mo

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