Dan Kaercher

Dan Kaercher

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$350,000

($246,430 down)
FHA

1210 E Colfax Avenue UNIT 206, Denver, CO 80218

2
1
1,069 sqft
PITI Monthly
$1,133.31 /mo

Listing courtesy of: Zach Otten, Real Broker, LLC DBA Real

Assumed Rate

4.55%
7.15%

Principal & Interest

$745 /mo
$987 /mo

What's Special

LOCATION
ENTERTAINMENT
MODERN
LUXURY
HARDWOOD FLOORS
HISTORIC
CHARMING

SELLER OFFERING CONCESSIONS/HOA DUES PRE-PAYMENT FOR RATE BUY DOWN OR BUYERS CLOSING COSTS!! Welcome to your new home in the historic Colonnade Lofts! Originally constructed in 1902, The Colonnade holds the distinction of being the first luxury apartment building in Denver. This charming 2-bedroom, 1-bathroom condo seamlessly blends historic character with modern living. Step inside to find exposed brick walls and gleaming hardwood floors that add a touch of elegance and warmth to the space. The updated kitchen is equipped with modern appliances and ample counter space. Convenience is key with an in-unit washer and dryer, making laundry day a breeze. Back bedroom has direct access to the community courtyard. The condo boasts a 5-year-old hot water heater and a 3-year-old furnace, ensuring your comfort and peace of mind for years to come. Location is everything, and this condo doesn't disappoint. Reserved parking behind the building is available for a monthly fee. Enjoy the incredible walkability to Cheesman Park, City Park, and the vibrant scenes along 17th Street and Colfax Avenue. You'll find an array of restaurants, bars, and entertainment options just steps from your door, making it easy to enjoy the best of city living. Don't miss your chance to own a piece of history with all the modern comforts in the Colonnade Lofts. Schedule a showing today and experience the perfect blend of style, convenience, and location!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.55
Remaining Loan Term
16 years, 5 months
Monthly PITI
$1,133.31/mo
Estimated Loan Balance
$112,693
Cash to close
$246,430
Interest Paid
$78,487

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Air Conditioning-Room
  • Heating: Forced Air
Features
  • Materials: Brick
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Tile, Wood

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Other
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Brick
  • Roof: Other
Condition
  • Year Built: 1947
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Cheesman Park
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Sopra
  • HOA Amenities: Unknown
  • HOA Fee: $608.42
  • HOA Frequency: $Monthly
Location
  • Region: Denver

Financial Details

  • Price per Sqft: $327.41
  • Tax Annual Amount: $1621
  • On Market Date: 2025-03-04T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $246,430 (70%)
You can enter any amount below - secondary financing will cover the difference if needed.
70%
$

You cover the entire equity of $246,430!

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

Loan Breakdown

Assumed Mortgage4.55% Sellers Rate
$103,570
Your Cash:$246,430
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 4.55%
$745/mo
Traditional @ 7.5%
$1,024/mo
You save $279/month ($3,348/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8616893

Listing From: recolorado

Last updated: 2025-03-05T00:20:21.000Z

© , 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

4.55%
7.15%

Principal & Interest

$745 /mo
$987 /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 $246,430 (70%)
You can enter any amount below - secondary financing will cover the difference if needed.
70%
$

You cover the entire equity of $246,430!

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

Loan Breakdown

Assumed Mortgage4.55% Sellers Rate
$103,570
Your Cash:$246,430
Total Purchase Price:$350,000

Assumed vs Traditional Mortgage

Assumed @ 4.55%
$745/mo
Traditional @ 7.5%
$1,024/mo
You save $279/month ($3,348/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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