Dan Kaercher

Dan Kaercher

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Closed

$450,000

($140,015 down)
FHA

1103 S Gay Drive, Longmont, CO 80501

3
2
1,375 sqft
PITI Monthly
$2,517.28 /mo

Listing courtesy of: Kevin Communal, Orchard Brokerage LLC

Assumed Rate

5.22%
7.15%

Principal & Interest

$1,888 /mo
$2,317 /mo

What's Special

SPACIOUS
PATIO
CHARMING

IMPROVED PRICE. Welcome to Longmont and Boulder County Schools! The timeless ranch design features a single-story layout, making it accessible and easy to navigate. With its charming curb appeal and well-maintained exterior, this home is sure to impress making it the perfect place for families and individuals alike. Nestled in a friendly neighborhood, this property boasts a spacious layout, a large backyard, and access to some of the best schools in the state! Out back is your own private oasis. The expansive backyard is perfect for outdoor activities, gardening, or simply enjoying the fresh Rocky Mountain air. With plenty of room for an expanded patio, play area, or even a pool, the possibilities are endless. The large storage shed is an added bonus. Tons of storage and large enough for the hobbyist. Need more value? Discounted rate options available for qualified buyers!!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.22
Remaining Loan Term
27 years, 6 months
Monthly PITI
$2,517.28/mo
Estimated Loan Balance
$361,719
Cash to close
$140,015
Interest Paid
$43,994

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Air Conditioning-Room
  • Heating: Forced Air
Features
  • Materials: Brick, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Full
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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
  • Roof: Composition
Condition
  • Year Built: 1970
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Skrbina 2
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Longmont

Financial Details

  • Price per Sqft: $327.27
  • Tax Annual Amount: $2632
  • On Market Date: 2024-08-02T00:00:00.000Z
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 $140,015 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $140,015!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$309,985
Your Cash$140,015
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$1,888/mo
Traditional @ 7.5%
$2,404/mo
You save $515/month ($6,186/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1015716

Listing From: recolorado

Last updated: 2024-11-01T22:01:16.000Z

© , 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

5.22%
7.15%

Principal & Interest

$1,888 /mo
$2,317 /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 $140,015 (31%)
You can enter any amount below - secondary financing will cover the difference if needed.
31%
$

You cover the entire equity of $140,015!

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

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$309,985
Your Cash$140,015
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$1,888/mo
Traditional @ 7.5%
$2,404/mo
You save $515/month ($6,186/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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