Dan Kaercher

Dan Kaercher

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$350,000

($56,907 down)
VA

1136 Norwood Avenue, Colorado Springs, CO 80905

3
2
894 sqft
PITI Monthly
$2,086.5 /mo

Listing courtesy of: Mercie Curbow-Presley, Mercie Real Estate

Assumed Rate

6.36%
7.15%

Principal & Interest

$1,872 /mo
$2,030 /mo

What's Special

SHOPPING
DINING
STAINLESS STEEL APPLIANCES
PATIO
CHARMING
SOLAR PANELS

Welcome to this charming ranch-style home in the heart of the Stratton Meadows community. Offering both comfort and convenience, this home is just minutes from Fort Carson, the Cheyenne Mountain Zoo, The Broadmoor, and an array of shopping and dining options. The property boasts an impressive OVERSIZED two-car garage, plus a large carport with space for four or more vehicles. Enjoy the added benefits of solar panels for energy efficiency, a new roof installed in 2023, and a storage shed providing even more functionality. Inside, LVP flooring flows through the living room and large windows allow in ample natural light! The UPDATED kitchen features stainless steel appliances, a decorative tile backsplash, and a walkout to the backyard, making indoor/outdoor dining and entertaining effortless. UPDATED bathrooms too!! Electrical Panel-2023 Large covered back patio or relax on the covered front porch. The fully fenced front and back yards offer privacy, with the backyard xeriscaped for low maintenance. Stucco siding for added durability, this home is designed for easy living. Don’t miss this fantastic opportunity—schedule your showing today!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.36
Remaining Loan Term
27 years, 10 months
Monthly PITI
$2,086.5/mo
Estimated Loan Balance
$294,351
Cash to close
$56,907
Interest Paid
$40,912

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
Features
  • Materials: Frame, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features:
  • Flooring: Carpet, Tile, Luxury Vinyl

Exterior

Fencing
  • Fencing: Front Yard, Rear
Roof
  • Roof: Shingle
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: Unknown
Materials
  • Frame, Stucco
  • Roof: Shingle
Condition
  • Year Built: 1956
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Stratton Meadows
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $391.5
  • Tax Annual Amount: $774
  • On Market Date: 2025-03-07T00:00:00.000Z
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 $56,907 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $56,907!

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

Loan Breakdown

Assumed Mortgage6.36% Sellers Rate
$293,093
Your Cash$56,907
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 6.36%
$1,872/mo
Traditional @ 7.5%
$2,106/mo
You save $234/month ($2,802/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3207169

Listing From: recolorado

Last updated: 2025-03-07T23:45:21.000Z

© , 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

6.36%
7.15%

Principal & Interest

$1,872 /mo
$2,030 /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 $56,907 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $56,907!

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

Loan Breakdown

Assumed Mortgage6.36% Sellers Rate
$293,093
Your Cash$56,907
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 6.36%
$1,872/mo
Traditional @ 7.5%
$2,106/mo
You save $234/month ($2,802/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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