4515 Gibraltar
FHA Assumable
2.74% Rate
50 photos
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4515 Gibraltar

Denver, CO 80249

4
Bedrooms
4
Bathrooms
2,393
Sq Ft

Payment Calculator

$2,311per 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$149,104
Secondary Financing8.5% Rate
$125,104
Blended rate4.32% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,882/mo
Assumable @ 2.74% + gap
$2,311/mo
$571less per month
$571
per month
$6,854
per year
$205,627
over 30 years

🏦 Loan Details

List Price
$480,000
Assumable Rate
2.74%
Remaining Balance
$330,896
Loan Type
FHA
Est. Equity Gap
$149,104
Annual Taxes
$3,363

About This Home

Welcome home to a two-story in Northeast Denver that's already done the hard part for you. Major mechanicals — central A/C, high-efficiency furnace, and hot water system — all brand new in 2020. \r But the real showstopper is outside: a rare .24-acre lot backing directly to the Highline Canal Trail. Miles of shaded, car-free trail right off your back fence — morning runs, evening walks, dogs, bikes, all without ever touching a car. Lots this size with direct trail access almost never hit the market in this area.\r Inside, a bright living room flows into a kitchen built for gathering, with a tile-topped prep island and dedicated dining space. Upstairs: comfortable bedrooms and a big open loft, ready to be your office, homework station, or media room.\r The basement is a blank canvas — tall ceilings, egress windows, endless potential for a gym, rec room, or extra living space.\r Add a 2-car garage, full city utilities, and that oversized private backyard backing to the canal, and you've got a home that checks every box. Move fast — lots like this don't last. Book your walkthrough this weekend.

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
2.74% rateFHASave $1,346/mo

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