Bobi Hernandez

Bobi Hernandez

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Under Contract

$699,000

($178,861 down)
FHA

15818 E Otero Circle, Centennial, CO 80112

4
3
2,380 sqft
PITI Monthly
$3,350.83 /mo

Listing courtesy of: Peter Janisch, Professional Brokers Group

Assumed Rate

2.77%
7.15%

Principal & Interest

$2,351 /mo
$3,880 /mo

What's Special

SPACIOUS
MASTER SUITE
WALKING TRAILS
EFFICIENT

Welcome to this beautifully updated home, boasting am energy-efficient design by Meritage Homes. New flooring and paint throughout, this immaculate residence offers an open floor plan, perfect for entertaining. The spacious kitchen island and second-story ceiling family room with a gorgeous chandelier create a welcoming atmosphere filled with natural light. Enjoy a secluded office/study on the main floor, complete with French doors for added privacy. Upstairs, discover a conveniently located laundry room along with a large master suite, Jack-and-Jill bedrooms, and a guest bedroom. This home comes pre-wired for a security system, equipped with dual climate control, and features wiring for cable in every room and the basement. Located in the Trails Edge subdivision, you'll enjoy easy access to the Denver Tech Center, Park Meadows Mall, Arapahoe Crossing, and downtown Parker. The neighborhood amenities include parks with walking trails connecting to Happy Canyon Trail. Plus, with proximity to both I-25 and E-470, commuting is a breeze. Don't miss out on this rare opportunity to own a lovely home situated on a greenbelt for added privacy, complete with a large covered front porch for enjoying the outdoors in style. Schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.77
Remaining Loan Term
25 years, 11 months
Monthly PITI
$3,350.83/mo
Estimated Loan Balance
$598,574
Cash to close
$178,861
Interest Paid
$62,084

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Cement Siding, Frame, Stone
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Parquet, Tile, Wood

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: Single Family Residence
  • Architectural Style: Urban Contemporary
Materials
  • Cement Siding, Frame, Stone
  • Roof: Composition
Condition
  • Year Built: 2018
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Trails Edge
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: MSI
  • HOA Amenities: Unknown
  • HOA Fee: $60
  • HOA Frequency: $Monthly
Location
  • Region: Centennial

Financial Details

  • Price per Sqft: $293.7
  • Tax Annual Amount: $5115
  • On Market Date: 2025-04-15T00:00:00.000Z
Inquire about this property

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Apply to Assume

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

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Savings Calculator

Current cash to close is $178,861 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $178,861!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$520,139
Your Cash$178,861
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$2,351/mo
Traditional @ 7.15%
$4,024/mo
You save $1,673/month ($20,078/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC5532047

Listing From: recolorado

Last updated: 2025-04-14T21:30:19.000Z

© , 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

2.77%
7.15%

Principal & Interest

$2,351 /mo
$3,880 /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 $178,861 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $178,861!

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

Loan Breakdown

Assumed Mortgage2.77% Sellers Rate
$520,139
Your Cash$178,861
Total Purchase Price:$699,000

Assumed vs Traditional Mortgage

Assumed @ 2.77%
$2,351/mo
Traditional @ 7.15%
$4,024/mo
You save $1,673/month ($20,078/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Bobi Hernandez(602) 761-0781bobisellsazhomes@gmail.comMLS

© 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 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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