Dan Kaercher

Dan Kaercher

Property SearchContact
primary-1
primary-2primary-3
Active

$690,000

($224,000 down)
FHA

2240 N Clay Street UNIT 501, Denver, CO 80211

2
2
1,209 sqft
PITI Monthly
$3,136.99 /mo

Listing courtesy of: Spencer Barron, Compass - Denver

Assumed Rate

3.48%
7.15%

Principal & Interest

$2,323 /mo
$3,503 /mo

What's Special

SERENE
SPACIOUS
STAINLESS STEEL APPLIANCES
SOAKING TUB
HOME OFFICE
PATIO
BALCONY
FITNESS CENTER
CITY VIEWS

Welcome to an exceptional 2-bed, 2-bath corner condo on the 5th floor of the Riverclay building in Denver’s vibrant Jefferson Park. This unit boasts panoramic north and east-facing windows that frame breathtaking city views. Inside, you'll find an open-concept living area with wood floors, a well-equipped kitchen with European-style frameless cabinets, granite counters, and stainless steel appliances. A spacious, east-facing balcony is perfect for relaxing and enjoying the expansive city views. The primary bedroom offers a serene retreat with an en-suite 5-piece bath complete with a soaking tub, while the second bedroom features its own patio—ideal for morning coffee or a home office. The second bedroom has its own private, north-facing balcony. The building amenities include a fitness center, secured parking, and LEED-certified energy efficiency. With Jefferson Park, restaurants, coffee shops and top Denver attractions just steps away, this condo delivers the ultimate urban lifestyle.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.48
Remaining Loan Term
25 years, 0 months
Monthly PITI
$3,136.99/mo
Estimated Loan Balance
$567,527
Cash to close
$224,000
Interest Paid
$85,790

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Rolled/Hot Mop
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: Contemporary
Materials
  • Brick, Stucco
  • Roof: Rolled/Hot Mop
Condition
  • Year Built: 2007
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Jefferson Park
  • Features: Accessible Approach with Ramp
HOA
  • Has HOA: Yes
  • HOA Name: Riverclay Home Owners Association
  • HOA Amenities: Unknown
  • HOA Fee: $530
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $570.72
  • Tax Annual Amount: $3359
  • On Market Date: 2025-03-15T00:00:00.000Z
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 $224,000 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $224,000!

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

Loan Breakdown

Assumed Mortgage3.48% Sellers Rate
$466,000
Your Cash$224,000
Total Purchase Price:$690,000

Assumed vs Traditional Mortgage

Assumed @ 3.48%
$2,323/mo
Traditional @ 7.5%
$3,633/mo
You save $1,310/month ($15,724/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC2990529

Listing From: recolorado

Last updated: 2025-03-15T07:16:23.000Z

© , 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

3.48%
7.15%

Principal & Interest

$2,323 /mo
$3,503 /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 $224,000 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $224,000!

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

Loan Breakdown

Assumed Mortgage3.48% Sellers Rate
$466,000
Your Cash$224,000
Total Purchase Price:$690,000

Assumed vs Traditional Mortgage

Assumed @ 3.48%
$2,323/mo
Traditional @ 7.5%
$3,633/mo
You save $1,310/month ($15,724/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

Powered By UMe.

© 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 Your Home Sold Guaranteed Realty 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.

equal-housing

Your Home Sold Guaranteed Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.