Tracy Strachan

Tracy Strachan

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$504,000

($125,698 down)
VA

1090 N Lafayette Street UNIT 504, Denver, CO 80218

2
2
1,050 sqft
PITI Monthly
$2,737.45 /mo

Listing courtesy of: Kimber Dempsey, Realty One Group Premier

Assumed Rate

6.27%
7.15%

Principal & Interest

$2,397 /mo
$2,624 /mo

What's Special

DINING
SPACIOUS
MODERN
WALK-IN CLOSET
DECK
MOUNTAIN VIEWS
HISTORIC

Your mid-century modern dream condo just steps from Cheesman Park is waiting for you. Discover why vintage ads said this building has “every convenience for the discriminating” and "luxurious living for those who care." The thoughtfully restored kitchen features original natural wood cabinetry, playful turquoise laminate countertops, and a cork backsplash, inviting color and nostalgia. A reproduction Dishmaster faucet brings style and function from the past. Elegant Tesselle terrazzo flooring defines the living area, while cork flooring warms and quiets the space with period-appropriate charm. Mahogany paneling in the living and dining areas adds warmth and timeless sophistication. Loads of storage space, closets, a built-in book shelf and planter add to this unique condo. Every room opens onto a private 54-foot-long lanai with views of the mountains and a peek at Cheesman Park’s historic mansions. Designed by architect Tom Hite and built by C.W. Roberts Construction, this building is a stunning example of mid-century multi-family architecture. Live in Technicolor with a blend of vintage and new wallpaper, vintage bathrooms, and modern amenities. The primary suite offers an ensuite bath with terrazzo shower pan, harlequin wallpaper, and a spacious walk-in closet. Residents enjoy access to the penthouse lounge and sundeck, perfect for taking in panoramic city and mountain views. Deeded basement parking is included and a storage unit in the laundry room. This is city living with unmistakable style that will make you feel as though you stepped right into 1964 Palm Springs! Check out the video https://youtu.be/vtJ7h2YQhLg

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.27
Remaining Loan Term
27 years, 10 months
Monthly PITI
$2,737.45/mo
Estimated Loan Balance
$379,137
Cash to close
$125,698
Interest Paid
$52,127

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Air Conditioning-Room
  • Heating: Baseboard
Features
  • Materials: Brick, Concrete, Other
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Cork, Tile

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: Mid-Century Modern
Materials
  • Brick, Concrete, Other
  • Roof: Membrane
Condition
  • Year Built: 1964
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Cheesman Park
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Lafayette Towers East
  • HOA Amenities: Unknown
  • HOA Fee: $589
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $480
  • Tax Annual Amount: $2084
  • On Market Date: 2025-05-01T00:00:00.000Z
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 $125,698 (25%)
You can enter any amount below - secondary financing will cover the difference if needed.
25%
$

You cover the entire equity of $125,698!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$378,302
Your Cash$125,698
Total Purchase Price:$504,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$2,397/mo
Traditional @ 7.15%
$2,722/mo
You save $325/month ($3,896/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8679260

Listing From: recolorado

Last updated: 2025-05-01T07:16:20.000Z

© , 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

6.27%
7.15%

Principal & Interest

$2,397 /mo
$2,624 /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 $125,698 (25%)
You can enter any amount below - secondary financing will cover the difference if needed.
25%
$

You cover the entire equity of $125,698!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$378,302
Your Cash$125,698
Total Purchase Price:$504,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$2,397/mo
Traditional @ 7.15%
$2,722/mo
You save $325/month ($3,896/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Tracy Strachan(602) 573-1500tstrachan05@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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