Dan Kaercher

Dan Kaercher

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Closed

$589,000

($154,074 down)
VA

1014 E Cimarron Street, Colorado Springs, CO 80903

4
3
2,089 sqft
PITI Monthly
$2,259.39 /mo

Listing courtesy of: Lana Rodriguez, Real Broker LLC

Assumed Rate

3.08%
7.15%

Principal & Interest

$1,983 /mo
$3,144 /mo

What's Special

DINING
MODERN
HARDWOOD FLOORS
STAINLESS STEEL APPLIANCES
SOAKING TUB
DECK
MOUNTAIN VIEWS
HISTORIC

Have you been looking for a unique home that exudes character and charm? Look no further. With modern upgrades and historic integrity, this home offers many surprises just waiting for you to uncover! With a stately front curb appeal, the front porch is inviting with composite decking and a front porch swing that allows you to take in the mountain views. Upon entering the front door you will be welcomed with high ceilings and hardwood floors. The living room flows into the dining area with a built-in hutch featuring gorgeous leaded glass. The eat-in kitchen has modern stainless steel appliances and a walk-in pantry. A 3/4 bath with soaking clawfoot tub and laundry area with a large connected mudroom complete with heated floors finish off the main level of the home. Upstairs you will find 3 bedrooms, an additional 3/4 bath with a shower, and a landing area large enough to make an office. With the home zoned R2, you have rental possibilities in the basement that has a new kitchenette, large bedroom and adjoining bathroom showcasing a jetted soaking tub. The fun doesn't end inside as there is a private oasis off the back featuring a large composite deck to enjoy entertaining, a fenced in backyard, and barrel sauna. But wait, there's more! An ample 5 parking spaces will be yours to decide how to utilize perhaps as a home gym or workshop, the oversize spaces give you endless possibilities! You won't find another home like this one! Be sure to act quickly and come see this charmer in the heart of the city for yourself!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.08
Remaining Loan Term
26 years, 1 months
Monthly PITI
$2,259.39/mo
Estimated Loan Balance
$435,790
Cash to close
$154,074
Interest Paid
$53,878

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air, Other
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 4
  • Carport: Yes
  • 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: Unknown
Materials
  • Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1900
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Lake Park
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $281.95
  • Tax Annual Amount: $1322
  • On Market Date: 2024-05-07T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $154,074 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $154,074!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$434,926
Your Cash$154,074
Total Purchase Price:$589,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,983/mo
Traditional @ 7.5%
$3,261/mo
You save $1,278/month ($15,341/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC6009580

Listing From: recolorado

Last updated: 2024-10-01T18:03:59.000Z

© , 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

3.08%
7.15%

Principal & Interest

$1,983 /mo
$3,144 /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 $154,074 (26%)
You can enter any amount below - secondary financing will cover the difference if needed.
26%
$

You cover the entire equity of $154,074!

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

Loan Breakdown

Assumed Mortgage3.08% Sellers Rate
$434,926
Your Cash$154,074
Total Purchase Price:$589,000

Assumed vs Traditional Mortgage

Assumed @ 3.08%
$1,983/mo
Traditional @ 7.5%
$3,261/mo
You save $1,278/month ($15,341/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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