Dan Kaercher

Dan Kaercher

Property SearchContact
primary-1
primary-2primary-3
Closed

$375,000

($252,726 down)
FHA

1170 Verbena Street, Denver, CO 80220

3
2
1,236 sqft
PITI Monthly
$1,475.56 /mo

Listing courtesy of: Matthew Sumner, Sellstate ACE Properties

Assumed Rate

5.5%
7.15%

Principal & Interest

$1,021 /mo
$1,215 /mo

What's Special

INVESTORS
LOCATION
HISTORIC

****OUR NEXT ROUND OF SHOWINGS WILL BE SATURDAY JULY 6, 2024 FROM 11 AM TO 3 PM.**** AMAZING POTENTIAL with this home set on an OVER-SIZED 9150 square foot LOT! OPPORTUNITY ABOUNDS here! Great for the adventurous owner occupant looking to house hack and earn some sweat equity; fix and flip investors; fix up the existing home; add a garage; scrape and rebuild. So many options! INCREDIBLE location facing Verbena park. See comps at 1302 & 1310 Verbena St, and also drive by the new builds at 1245 & 1255 Wabash St, to see what kind of activity has been taking place in this beautiful historic Denver neighborhood. Home is being sold AS-IS, so bring your contractor, handyman, inspector, and calculator to assess this fantastic and rare chance to own one of the largest properties in the area!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.5
Remaining Loan Term
13 years, 9 months
Monthly PITI
$1,475.56/mo
Estimated Loan Balance
$124,276
Cash to close
$252,726
Interest Paid
$137,330

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: None
  • Heating: Forced Air
Features
  • Materials: Frame, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Linoleum, Wood

Exterior

Fencing
  • Fencing: Unknown
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: Unknown
Materials
  • Frame, Stucco
  • Roof: Composition
Condition
  • Year Built: 1947
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Kensington
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $303.4
  • Tax Annual Amount: $2122
  • On Market Date: 2024-07-01T00:00:00.000Z
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 $252,726 (67%)
You can enter any amount below - secondary financing will cover the difference if needed.
67%
$

You cover the entire equity of $252,726!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$122,274
Your Cash:$252,726
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$1,021/mo
Traditional @ 7.5%
$1,260/mo
You save $239/month ($2,866/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3979622

Listing From: recolorado

Last updated: 2024-10-01T18:08:50.000Z

© , 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

5.5%
7.15%

Principal & Interest

$1,021 /mo
$1,215 /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 $252,726 (67%)
You can enter any amount below - secondary financing will cover the difference if needed.
67%
$

You cover the entire equity of $252,726!

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

Loan Breakdown

Assumed Mortgage5.5% Sellers Rate
$122,274
Your Cash:$252,726
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 5.5%
$1,021/mo
Traditional @ 7.5%
$1,260/mo
You save $239/month ($2,866/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

Powered By UMe.

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Your Home Sold Guaranteed Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

equal-housing

Your Home Sold Guaranteed Realty © is committed to and abides by the Fair Housing Act of Equal Opportunity.