Dan Kaercher

Dan Kaercher

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Closed

$348,822

($28,165 down)
FHA

1010 S Sierra Madre Street, Colorado Springs, CO 80903

2
1
1,067 sqft
PITI Monthly
$2,064.59 /mo

Listing courtesy of: Roy Kenny, The Denver 100 LLC

Assumed Rate

4.17%
7.15%

Principal & Interest

$1,627 /mo
$2,255 /mo

What's Special

DINING
SPACIOUS
HARDWOOD FLOORS
MOUNTAIN VIEWS

Welcome to your new home in the heart of Colorado Springs. The home offers an open floorplan with great character. This home features hardwood floors in the main living areas. The spacious Living Room is perfect for relaxing or enjoying your favorite movie. The Dining Room is the perfect space to create memories whether formal or informal dining.  There are 2 Bedrooms and a Bonus Room with an abundance of natural light.  The detached garage is currently being used as a shed (no overhead door), however, could be converted for cars. The expansive backyard is perfect for entertaining or relaxing. Mountain Views! Access to trails for hiking & biking, walking distance to coffee, dining and downtown fun including the Colorado Springs Weidner Stadium, and Olympic Museum. FHA loan is assumable with Lender approval. Please call for details.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.17
Remaining Loan Term
27 years, 1 months
Monthly PITI
$2,064.59/mo
Estimated Loan Balance
$321,167
Cash to close
$28,165
Interest Paid
$39,601

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Air Conditioning-Room
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Linoleum, Wood

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
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: Single Family Residence
  • Architectural Style: Cottage
Materials
  • Stucco
  • Roof: Composition
Condition
  • Year Built: 1899
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Downtown Central
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $326.92
  • Tax Annual Amount: $617
  • On Market Date: 2024-06-20T00:00:00.000Z
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 $28,165 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $28,165!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$320,657
Your Cash$28,165
Total Purchase Price:$348,822

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$1,627/mo
Traditional @ 7.5%
$2,339/mo
You save $712/month ($8,546/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC2137727

Listing From: recolorado

Last updated: 2024-10-16T20:40:17.000Z

© , 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

4.17%
7.15%

Principal & Interest

$1,627 /mo
$2,255 /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 $28,165 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $28,165!

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

Loan Breakdown

Assumed Mortgage4.17% Sellers Rate
$320,657
Your Cash$28,165
Total Purchase Price:$348,822

Assumed vs Traditional Mortgage

Assumed @ 4.17%
$1,627/mo
Traditional @ 7.5%
$2,339/mo
You save $712/month ($8,546/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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