7492 Bates
VA Assumable
2.98% Rate
50 photos
Click to enlarge

7492 Bates

Denver, CO 80231

4
Bedrooms
3
Bathrooms
2,389
Sq Ft

Payment Calculator

$3,881per 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?$35,750
$35,750$328,790
Secondary Financing8.5% Rate
$293,040
Blended rate5.36% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$4,293/mo
Assumable @ 2.98% + gap
$3,881/mo
$412less per month
$412
per month
$4,949
per year
$148,455
over 30 years

🏦 Loan Details

List Price
$715,000
Assumable Rate
2.98%
Remaining Balance
$387,068
Loan Type
VA
Est. Equity Gap
$328,790
Annual Taxes
$2,442

About This Home

Charming Hutchinson Hills home on a generous corner lot just under 1/4 acre! This 4 bedroom/3 bathroom residence offers classic living spaces and some thoughtful updates. The main level features a living room with a wood-burning fireplace, formal dining area, and a kitchen with butcher block counters and custom built-in China cabinet. Upstairs are three bedrooms and two baths, including a primary suite with a 3/4 ensuite bathroom and French doors that open to a private ground level deck. The lower level adds living flexibility with a family room with cozy wood burning fireplace, fourth bedroom and a full bathroom—perfect for guests. A two-car attached garage includes TWO workshop/storage rooms (one in the back has plumbing), and ample driveway parking. Outdoors enjoy a fully fenced backyard with a 6-foot privacy fence, mature shade trees, a new concrete patio, and exterior paint and roof replaced within the last five years. The lot size is ideal for an expansion or the potential opportunity for an Accessory Dwelling Unit, pending Denver zoning (Buyer/buyer’s agent to verify). Located just half a block from James A. Bible Park with playgrounds, sports courts, green space and trails that connect to the High Line Canal, and close to shopping and dining options including Whole Foods, King Soopers, Target and Benihana. Spacious lot, solid bones, and a wonderful neighborhood—ready to make it your own!\r \r \r \r \r **Photos of the basement coming next week!

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
$715,000
2.98% rateVASave $2,474/mo

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