Tracy Strachan

Tracy Strachan

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$535,000

($71,653 down)
FHA

18093 E Milan Place, Aurora, CO 80013

4
4
1,944 sqft
PITI Monthly
$3,423.62 /mo

Listing courtesy of: Dalia Williams, Your Castle Real Estate Inc

Assumed Rate

5.41%
7.15%

Principal & Interest

$2,705 /mo
$3,250 /mo

What's Special

MINUTES AWAY
SHOPPING
DINING
SPACIOUS
MOVE-IN READY
FIREPLACE
WALK-IN CLOSET
FINISHED BASEMENT
HOME OFFICE
DECK
COZY

***ASSUMABLE FHA LOAN @ 5.125%*** Your Dream Home Awaits in Summer Valley! Step into comfort, charm, and convenience with this beautifully updated 2-story gem—complete with a fully finished basement and a backyard made for summer memories. With a newer roof, HVAC system, electrical panel, and upgraded insulation, this home is move-in ready and waiting for its next lucky owner! Inside, you'll find a cozy living room with a wood-burning fireplace, an updated kitchen featuring Kraft Maid cabinets, a spacious dining area with sleek laminate wood flooring, and a convenient powder bath—all on the main floor. Upstairs, retreat to the private primary suite with a walk-in closet and updated ¾ bath, while two additional bedrooms share a full bath perfect for family or guests. The finished basement delivers with a large family room, a non-conforming bedroom, and a brand-new ensuite ¾ bath—ideal for guests, a home office, or multi-generational living. Step outside to your expansive deck, complete with a new pergola, sprawling backyard, and garden beds—perfect for entertaining, relaxing, or cultivating your own home-grown paradise. Located in the highly desirable Cherry Creek School District, just a short walk to Quincy Reservoir and Horizon Middle School, with shopping, dining, and major highways just minutes away!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.41
Remaining Loan Term
27 years, 6 months
Monthly PITI
$3,423.62/mo
Estimated Loan Balance
$465,178
Cash to close
$71,653
Interest Paid
$63,976

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick, Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Living Room, Wood Burning
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Traditional
Materials
  • Brick, Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1980
Details
  • Builder:

Community & HOA

Community
  • Subdivision: SUMMER VALLEY SUB 11TH FLG AMEND
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Aurora

Financial Details

  • Price per Sqft: $275.21
  • Tax Annual Amount: $2538
  • On Market Date: 2025-04-10T00:00:00.000Z
Inquire about this property

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Apply to Assume

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Savings Calculator

Current cash to close is $71,653 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $71,653!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$463,347
Your Cash$71,653
Total Purchase Price:$535,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$2,705/mo
Traditional @ 7.15%
$3,371/mo
You save $666/month ($7,992/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4027252

Listing From: recolorado

Last updated: 2025-04-15T02:25:20.000Z

© , 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

5.41%
7.15%

Principal & Interest

$2,705 /mo
$3,250 /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 $71,653 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $71,653!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$463,347
Your Cash$71,653
Total Purchase Price:$535,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$2,705/mo
Traditional @ 7.15%
$3,371/mo
You save $666/month ($7,992/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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