Michelle West

Michelle West

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$500,000

($82,977 down)
VA

1616 S Broadway UNIT 302, Denver, CO 80210

2
2
1,072 sqft
PITI Monthly
$2,466.18 /mo

Listing courtesy of: Casey Miller, LIV Sotheby's International Realty

Assumed Rate

3.47%
7.15%

Principal & Interest

$2,081 /mo
$3,142 /mo

What's Special

LOCATION
DINING
SPACIOUS
BALCONY
HISTORIC

You must see this stunning west-facing, top-floor unit in the popular 1616 South building near the heart of Platt Park! With 2 spacious bedrooms and 2 generous baths, this unit lives large! This floorplan is one of only a handful of units with an expanded kitchen and an extra deep guest bath. Built in 2020, this unit still feels Brand New! The sellers had gorgeous light oak wood floors installed throughout (no more carpet whatsoever) and have upgraded the closets and pantry with beautiful and functional elfa storage systems. Perfect for entertaining, the floorplan is nice and open...host your friends and family at the kitchen peninsula while preparing food and drinks. Step out onto the balcony or relax comfortably in the living room or bedroom while watching spectacular sunsets to the west each evening. Enjoy the security of gated covered parking (deeded parking space #20) as well as a secure deeded bike rack (#B14). This fun building features a nice fitness room as well as a convenient dog wash and dog run - all accessed from the gated garage. The unit comes entirely turn-key with all appliances and washer / dryer included. Enjoy everything that makes the Platt Park lifestyle so fun and exciting! You'll love this close-knit community with Historic South Pearl Street at its heart. Head over to the park anytime (only 8mins by foot) or take in Denver's largest farmer's market on S. Pearl Street every Sunday during the summer as well as annual holiday festivals and other sanctioned neighborhood gatherings throughout the year. Grab Coffee at Stellas, Steam or Corvus. Meet friends for lunch at Park Burger, Kaos Pizzeria, Uno Mas or Adelitas. Dine at Sushi Den, Izakaya Den, Jacks, or Bird...you'll relish in having endless dining and nightlife options as well as easy access downtown and straight up to the mountains. 1616 South is an excellent building in a tremendous location...schedule soon to see this beautiful 2 bed top-floor, west-facing unit today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.47
Remaining Loan Term
25 years, 0 months
Monthly PITI
$2,466.18/mo
Estimated Loan Balance
$417,896
Cash to close
$82,977
Interest Paid
$76,720

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Brick, Frame, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Membrane
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Condominium
  • Architectural Style: Urban Contemporary
Materials
  • Brick, Frame, Stucco
  • Roof: Membrane
Condition
  • Year Built: 2017
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Platt Park
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: 1616 South Condos - Associa
  • HOA Amenities: Unknown
  • HOA Fee: $396.51
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $466.42
  • Tax Annual Amount: $2622
  • On Market Date: 2025-04-03T00:00:00.000Z
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Savings Calculator

Current cash to close is $82,977 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $82,977!

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

Loan Breakdown

Assumed Mortgage3.47% Sellers Rate
$417,023
Your Cash$82,977
Total Purchase Price:$500,000

Assumed vs Traditional Mortgage

Assumed @ 3.47%
$2,081/mo
Traditional @ 7.5%
$3,259/mo
You save $1,178/month ($14,134/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7291486

Listing From: recolorado

Last updated: 2025-04-04T16:16:22.000Z

© , 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

3.47%
7.15%

Principal & Interest

$2,081 /mo
$3,142 /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 $82,977 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $82,977!

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

Loan Breakdown

Assumed Mortgage3.47% Sellers Rate
$417,023
Your Cash$82,977
Total Purchase Price:$500,000

Assumed vs Traditional Mortgage

Assumed @ 3.47%
$2,081/mo
Traditional @ 7.5%
$3,259/mo
You save $1,178/month ($14,134/year)

*Secondary financing rates are an estimated value based on input

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Agent/Broker
Michelle WestRealty Executives (602) 516-8332michellewest@realtyexecutives.comMLS SA674985000

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