3047 47th
FHA Assumable
4.25% Rate
50 photos
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3047 47th

Denver, CO 80211

1
Bedrooms
1
Bathrooms
621
Sq Ft

Payment Calculator

$1,123per 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?$8,250
$8,250$134,810
Secondary Financing8.5% Rate
$126,560
Blended rate7.67% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$991/mo
Assumable @ 4.25% + gap
$1,123/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$165,000
Assumable Rate
4.25%
Remaining Balance
$30,490
Loan Type
FHA
Est. Equity Gap
$134,810
Annual Taxes
$1,308
HOA/mo
$256

About This Home

Welcome to Lake Park Condominiums, ideally positioned beside Rocky Mountain Lake Park. On the 3rd floor, this bright one-bedroom residence pairs an efficient 621-square-foot layout with generous storage, deeded parking, and a covered private balcony. A spacious tiled entry with a large coat closet leads into an open living and dining area filled with natural light. Recessed lighting adds a contemporary feel, while direct balcony access creates an easy indoor-outdoor connection offer a nice place take a quick stroll around the lake. The kitchen is designed for everyday function, offering abundant oak cabinetry, ample counter space, a tile backsplash, dishwasher, and self-cleaning range. Its open connection to the dining area makes the layout comfortable for quiet evenings or casual living. The well-proportioned bedroom features a large window, new ceiling fan, and excellent closet space. A full bathroom with warm tilework, matching vanity, and a tub/shower combination completes the main living areas, while a built-in hall linen closet provides additional storage. Other conveniences include room air conditioning, hot-water heat, a secured building entrance, elevator access, common laundry, and available on-site storage. Deeded off-street parking space #308 means no searching for street parking at the end of the day. The pet-friendly community also permits long-term rentals. Outside your door, Rocky Mountain Lake Park provides a beautiful setting for morning walks, weekend picnics, and time by the water. With a Walk Score of 73, bus service approximately one block away, and convenient access to neighborhood amenities and Denver destinations, this location balances outdoor recreation with city connectivity. Offered at an approachable price point, this move-in-ready condo is a compelling choice for a first home, Denver retreat, or long-term rental investment. Come experience the light, function, convenience, and park-side lifestyle that make Unit 308 stand out.

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
$165,000
4.25% rateFHASave $583/mo

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