Tracy Strachan

Tracy Strachan

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Active

$285,000

($25,798 down)
FHA

8666 Decatur Street UNIT 254, Westminster, CO 80031

2
1
1,000 sqft
PITI Monthly
$1,724.36 /mo

Listing courtesy of: Kristina Stutler, Compass - Denver

Assumed Rate

3.76%
7.15%

Principal & Interest

$1,275 /mo
$1,857 /mo

What's Special

SPACIOUS
MODERN
FIREPLACE
WALK-IN CLOSET
BALCONY
PLAYGROUND
CHARMING
COZY

Welcome home to this charming 2-bedroom, 1-bath condo tucked away in a peaceful, well-maintained community! This first-floor unit has so much to love, starting with an updated kitchen and bathroom that give it a fresh, modern feel. Cozy up by the wood-burning fireplace on chilly nights, or step out onto your adorable private balcony — perfect for morning coffee or evening unwinding. Brand new AC unit and updated appliances throughout. The seller will transfer a full year of home warranty at closing. Enjoy laminate flooring throughout, and the spacious walk-in closet in the primary bedroom is truly a dream! Plus, there's no need to worry about parking — this unit comes with a one-car garage and an additional reserved parking spot. The neighborhood is quiet and welcoming, with great amenities like a tennis court and a playground just steps away. Whether you're looking for your first home or a low-maintenance lifestyle, this condo has everything you need to move right in and start enjoying life. Don't miss it!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.76
Remaining Loan Term
27 years, 0 months
Monthly PITI
$1,724.36/mo
Estimated Loan Balance
$271,042
Cash to close
$25,798
Interest Paid
$30,166

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room, Wood Burning
  • Flooring: Vinyl, Wood

Exterior

Fencing
  • Fencing: None
Roof
  • Roof: Unknown
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: Unknown
Materials
  • Frame
  • Roof: Unknown
Condition
  • Year Built: 1983
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Prospectors Point
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Prospectors Point Condo Association
  • HOA Amenities: Unknown
  • HOA Fee: $275
  • HOA Frequency: $Monthly
Location
  • Region: Westminster

Financial Details

  • Price per Sqft: $285
  • Tax Annual Amount: $1258
  • On Market Date: 2025-05-01T00:00:00.000Z
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 $25,798 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $25,798!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$259,202
Your Cash$25,798
Total Purchase Price:$285,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$1,275/mo
Traditional @ 7.15%
$1,926/mo
You save $651/month ($7,816/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3064659

Listing From: recolorado

Last updated: 2025-05-01T07:16:23.000Z

© , 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

3.76%
7.15%

Principal & Interest

$1,275 /mo
$1,857 /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 $25,798 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $25,798!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$259,202
Your Cash$25,798
Total Purchase Price:$285,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$1,275/mo
Traditional @ 7.15%
$1,926/mo
You save $651/month ($7,816/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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