Cheryl Riley

Cheryl Riley

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$415,000

($211,938 down)
FHA

15555 E 40th Avenue UNIT 30, Denver, CO 80239

2
3
1,360 sqft
PITI Monthly
$1,613.54 /mo

Listing courtesy of: Sheree Cooke, Coldwell Banker Realty 24

Assumed Rate

4.14%
7.15%

Principal & Interest

$1,109 /mo
$1,543 /mo

What's Special

GATED COMMUNITY
FRESH PAINT
SERENE
DINING
MODERN
FIREPLACE
VAULTED CEILINGS
DOUBLE VANITY
DECK
WATERFRONT
LAKE VIEWS
COZY

Nestled along the serene waterfront, this freshly updated townhouse not only offers modern updates but also invites you to embrace the beauty of nature in a secure and gated community. This residence is a perfect haven for those who value comfort, style, and a connection to the tranquil surroundings. From the moment you step inside, you’ll be embraced by a harmonious blend of contemporary design and warm, inviting comfort. The recent updates—including fresh paint, new carpet, and stunning light fixtures—create an ambiance that is both modern and welcoming. The vaulted ceilings give it an expansive feel that enhances the airy atmosphere. The main level effortlessly flows from the family room, featuring a cozy fireplace, to the dining area and modern kitchen, perfect for entertaining with bar seating . Retreat to your personal sanctuary in the primary suite, where breathtaking lake views create a serene backdrop for relaxation. This space, with double closets, features at 5-piece primary bath complete with a double vanity—providing both convenience and indulgence. The upper level houses an additional bedroom and also a full hall bath with a shower/tub combination. Step outside to your own private fenced yard with deck, where you can soak up the peaceful ambiance of the lakefront. Perfect for morning coffee, this outdoor retreat is an extension of your living space. This townhouse offers not just a home but a lifestyle. With main-level laundry facilities for added convenience and a secure gated community. Don’t miss your opportunity to call this enchanting townhouse home. Experience the perfect combination of modern living, breathtaking views, and a peaceful environment—schedule your private showing today .

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Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.14
Remaining Loan Term
24 years, 3 months
Monthly PITI
$1,613.54/mo
Estimated Loan Balance
$229,568
Cash to close
$211,938
Interest Paid
$51,567

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Family Room
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Townhouse
  • Architectural Style: Contemporary
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 2000
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Gateway Park IV
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Advance OA Mgmt
  • HOA Amenities: Unknown
  • HOA Fee: $300
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $305.15
  • Tax Annual Amount: $2312
  • On Market Date: 2025-04-12T00:00:00.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $211,938 (51%)
You can enter any amount below - secondary financing will cover the difference if needed.
51%
$

You cover the entire equity of $211,938!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage4.14% Sellers Rate
$203,062
Your Cash:$211,938
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 4.14%
$1,109/mo
Traditional @ 7.15%
$1,600/mo
You save $491/month ($5,895/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3484143

Listing From: recolorado

Last updated: 2025-04-13T00:06:21.000Z

© , recolorado. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

4.14%
7.15%

Principal & Interest

$1,109 /mo
$1,543 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $211,938 (51%)
You can enter any amount below - secondary financing will cover the difference if needed.
51%
$

You cover the entire equity of $211,938!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage4.14% Sellers Rate
$203,062
Your Cash:$211,938
Total Purchase Price:$415,000

Assumed vs Traditional Mortgage

Assumed @ 4.14%
$1,109/mo
Traditional @ 7.15%
$1,600/mo
You save $491/month ($5,895/year)

*Secondary financing rates are an estimated value based on input

Follow Us
American Allstar Realty
Agent/Broker
Cheryl RileyAmerican Allstar Realty(602) 353-7375cheryl.m.riley@gmail.comMLS BR655878000

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than American Allstar Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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