Dan Kaercher

Dan Kaercher

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Closed

$529,000

($277,941 down)
VA

1129 E Platte Avenue, Colorado Springs, CO 80903

3
2
1,594 sqft
PITI Monthly
$1,409.37 /mo

Listing courtesy of: Marjorie Burcham, NextHome Elevation

Assumed Rate

2.83%
7.15%

Principal & Interest

$1,133 /mo
$1,855 /mo

What's Special

LOCATION
DINING
SPACIOUS
MODERN
FIREPLACE
WALK-IN CLOSET
COZY

Welcome to this beautiful home right at the gateway to downtown Colorado Springs! It’s the perfect mix of modern convenience and old-world charm, with original wood floors that add warmth and character throughout the spacious layout. On the main level, you’ll find a bedroom and full bath, an updated kitchen, a cozy dining room with the original coal fireplace, and a large, inviting living room – perfect for relaxing or entertaining. Upstairs, there’s a big bathroom and two more roomy bedrooms, one featuring an observatory-style office space and a large walk-in closet. This home doesn’t just look great; it’s also practical, with ample storage throughout, a large basement ready for your personal touch, and a detached two-car garage with an attached workshop for all your projects and gear. If you’re looking for character, comfort, and a fantastic location, this home has it all. Come see it for yourself – schedule a showing today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.83
Remaining Loan Term
25 years, 9 months
Monthly PITI
$1,409.37/mo
Estimated Loan Balance
$301,599
Cash to close
$277,941
Interest Paid
$31,511

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Air Conditioning-Room
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Other
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Unknown
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: Cottage
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 1895
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Warren Add
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $331.87
  • Tax Annual Amount: $1320
  • On Market Date: 2024-11-14T00:00:00.000Z
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 $277,941 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$

You cover the entire equity of $277,941!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$251,059
Your Cash:$277,941
Total Purchase Price:$529,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$1,133/mo
Traditional @ 7.5%
$1,924/mo
You save $791/month ($9,493/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4818183

Listing From: recolorado

Last updated: 2025-01-15T02:08:16.000Z

© , 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

2.83%
7.15%

Principal & Interest

$1,133 /mo
$1,855 /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 $277,941 (53%)
You can enter any amount below - secondary financing will cover the difference if needed.
53%
$

You cover the entire equity of $277,941!

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

Loan Breakdown

Assumed Mortgage2.83% Sellers Rate
$251,059
Your Cash:$277,941
Total Purchase Price:$529,000

Assumed vs Traditional Mortgage

Assumed @ 2.83%
$1,133/mo
Traditional @ 7.5%
$1,924/mo
You save $791/month ($9,493/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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