Dan Kaercher

Dan Kaercher

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Closed

$665,000

($79,254 down)
VA

1214 N El Paso Street, Colorado Springs, CO 80903

3
3
1,739 sqft
PITI Monthly
$4,302.35 /mo

Listing courtesy of: Vanessa Marquez, Co Re Group Llc

Assumed Rate

7.07%
7.15%

Principal & Interest

$3,978 /mo
$4,010 /mo

What's Special

LOCATION
MOVE-IN READY
HARDWOOD FLOORS
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
FIREPLACE
WALK-IN CLOSET
PATIO
FENCED YARD
MATURE TREES
MOUNTAIN VIEWS
HISTORIC
NO HOA

Completely updated 1899 two-story home with all the historic charm you’d expect, right in the heart of Colorado Springs on a tree-lined street. This beauty has it all: a long, covered front porch, living room with a gas fireplace, family room with radiant floor heating, main-level bedroom, and a new full bath. The kitchen? Fully updated with stainless steel appliances, granite countertops and backsplash, floor-to-ceiling cabinets, and a breakfast bar. Upstairs, you’ll find the primary suite with a walk-in closet, attached bath, studio space, another bedroom, a full bath, and the laundry room. Extras include central air, hardwood floors throughout, CAT 5 media wiring, washer/dryer, fridge, newer siding, and more. Outside features a large fenced yard, a patio, a 12x12 shed, and alley access to a detached two-car garage (528 sq. ft.). Great mountain views through mature trees. No HOA! Zoned R2! Prime location—walk to Shooks Run trails, Patty Jewett Golf Course, and Taylor Elementary. Minutes from downtown, Old North End, Colorado College, the US Olympic Training Center, Memorial Hospital, and I-25. Don’t miss this one—it’s fully updated, move-in ready, and loaded with potential! There are plans available to add an ADU unit to the property!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
7.07
Remaining Loan Term
28 years, 6 months
Monthly PITI
$4,302.35/mo
Estimated Loan Balance
$587,309
Cash to close
$79,254
Interest Paid
$62,523

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air, Other
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas
  • Flooring: Wood

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Community 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
  • Roof: Composition
Condition
  • Year Built: 1899
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $382.4
  • Tax Annual Amount: $1888
  • On Market Date: 2025-01-24T00:00:00.000Z
Inquire about this property

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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 $79,254 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $79,254!

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

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$585,746
Your Cash$79,254
Total Purchase Price:$665,000

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$3,978/mo
Traditional @ 7.5%
$4,160/mo
You save $182/month ($2,179/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC7695758

Listing From: recolorado

Last updated: 2025-02-28T19:29:20.000Z

© , 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

7.07%
7.15%

Principal & Interest

$3,978 /mo
$4,010 /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 $79,254 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$

You cover the entire equity of $79,254!

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

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$585,746
Your Cash$79,254
Total Purchase Price:$665,000

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$3,978/mo
Traditional @ 7.5%
$4,160/mo
You save $182/month ($2,179/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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