Dan Kaercher

Dan Kaercher

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Under Contract

$225,000

($0 down)*
FHA

Potential short sale please verify with your agent.

1020 15th Street UNIT 40M, Denver, CO 80202

N/A
1
485 sqft
PITI Monthly
$1,604.32 /mo

Listing courtesy of: Derek Schulze, Symbio Denver Corp.

Assumed Rate

3.76%
7.15%

Principal & Interest

$1,184 /mo
$1,724 /mo

What's Special

GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
FITNESS CENTER
MOUNTAIN VIEWS
TURNKEY

Welcome to 1020 15th St Unit 40M in the iconic Brooks Tower, nestled in the heart of Denver's vibrant LoDo district. This penthouse-level studio, perched on the 40th floor of a 42-story high-rise, offers unmatched mountain views that will take your breath away. With sleek stainless steel appliances, granite countertops, and newer laminate flooring, this turnkey unit is perfect for both personal living and rental investment. Enjoy all that downtown Denver has to offer, with 16th Street Mall, the Center for the Performing Arts, Ball Arena, and Auraria Campus just steps away. Plus, Brooks Tower’s top-tier amenities, including a pool, fitness center, business center, and billiards room, make this the ultimate urban retreat.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.76
Remaining Loan Term
27 years, 0 months
Monthly PITI
$1,604.32/mo
Estimated Loan Balance
$244,910
Cash to close
$0
Interest Paid
$28,011

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 0
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Air Conditioning-Room
  • Heating: Forced Air
Features
  • Materials: Brick, Concrete, Steel
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Tar/Gravel
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Outdoor Pool

Construction

Type & Style
  • Stories:
  • Home type: Condominium
  • Architectural Style: Mid-Century Modern
Materials
  • Brick, Concrete, Steel
  • Roof: Tar/Gravel
Condition
  • Year Built: 1967
Details
  • Builder:

Community & HOA

Community
  • Subdivision: LoDo
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Brooks Tower HOA
  • HOA Amenities: Unknown
  • HOA Fee: $380
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $463.92
  • Tax Annual Amount: $1077
  • On Market Date: 2024-09-04T00:00:00.000Z
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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$225,000
Your Cash$0
Total Purchase Price:$225,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$1,184/mo
Traditional @ 7.5%
$1,789/mo
You save $605/month ($7,257/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC9100038

Listing From: recolorado

Last updated: 2025-02-21T18:09:16.000Z

© , 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

$1,184 /mo
$1,724 /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 $0 (0%)
You can enter any amount below - secondary financing will cover the difference if needed.
0%
$

You cover the entire equity of $0!

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

Loan Breakdown

Assumed Mortgage3.76% Sellers Rate
$225,000
Your Cash$0
Total Purchase Price:$225,000

Assumed vs Traditional Mortgage

Assumed @ 3.76%
$1,184/mo
Traditional @ 7.5%
$1,789/mo
You save $605/month ($7,257/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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