Dan Kaercher

Dan Kaercher

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Closed

$740,000

($176,344 down)
FHA

10620 W 64th Place, Arvada, CO 80004

4
3
2,240 sqft
PITI Monthly
$3,541.2 /mo

Listing courtesy of: David Jimenez, Greenwood Estates Realty LLC

Assumed Rate

2.99%
7.15%

Principal & Interest

$2,563 /mo
$4,112 /mo

What's Special

INVESTORS
LOCATION
MINUTES AWAY
FINISHED BASEMENT
TENNIS COURTS
RENTAL INCOME

Here is a rare opportunity to buy a perfectly located, well-maintained duplex in Arvada, containing huge value-add opportunities and an assumable 3.0% FHA loan with a $565K existing balance. One side of the duplex is vacant and contains 2 beds, 2 bath and the other side is tenant-occupied and contains 2 beds, 1 baths - each with attached 1-car garages Further, both units have a full, unfinished basement, which can be finished for increased income. The opportunity to purchase this duplex is perfect for both investors and for owner occupants wishing to subsidize their mortgage payment with rental income. The location for this property is perfect! It is directly across the street from Oak Park & Pavilion, has direct access to Ralston Creek Trail, is in close proximity to other APEX recreational centers (including tennis courts); charter school at the corner; private charter school within 5 minutes, public elementary and middle schools within 10 minutes; and Arvada West High School within 5-10 minutes. Plus, Old Town Arvada is just 10 minutes away! Additional notes... Unit A has a newer garage door, newer lighting updates; newer basement bathroom remodel; new in line RO filter at kitchen sink (with remineralization filter), and newer front door and storm door.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.99
Remaining Loan Term
26 years, 2 months
Monthly PITI
$3,541.2/mo
Estimated Loan Balance
$565,965
Cash to close
$176,344
Interest Paid
$66,975

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: None
  • Heating: Baseboard, Electric
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Laminate

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: Duplex
  • Architectural Style: Traditional
Materials
  • Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1984
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Arvada
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Arvada

Financial Details

  • Price per Sqft: $330.36
  • Tax Annual Amount: $3960
  • On Market Date: 2024-10-30T00:00:00.000Z
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 $176,344 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $176,344!

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

Loan Breakdown

Assumed Mortgage2.99% Sellers Rate
$563,656
Your Cash$176,344
Total Purchase Price:$740,000

Assumed vs Traditional Mortgage

Assumed @ 2.99%
$2,563/mo
Traditional @ 7.5%
$4,265/mo
You save $1,702/month ($20,420/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC9995599

Listing From: recolorado

Last updated: 2024-11-25T16:39:16.000Z

© , 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

2.99%
7.15%

Principal & Interest

$2,563 /mo
$4,112 /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 $176,344 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $176,344!

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

Loan Breakdown

Assumed Mortgage2.99% Sellers Rate
$563,656
Your Cash$176,344
Total Purchase Price:$740,000

Assumed vs Traditional Mortgage

Assumed @ 2.99%
$2,563/mo
Traditional @ 7.5%
$4,265/mo
You save $1,702/month ($20,420/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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