Dan Kaercher

Dan Kaercher

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Under Contract

$580,000

($230,567 down)
FHA

1251 Bailey Drive, Brighton, CO 80603

3
1
1,080 sqft
PITI Monthly
$2,819.48 /mo

Listing courtesy of: Kate Swensen, HomeSmart

Assumed Rate

6.81%
7.15%

Principal & Interest

$2,307 /mo
$2,387 /mo

What's Special

LOCATION
MINUTES AWAY
SHOPPING
DINING
SPACIOUS
MODERN

Welcome to 1251 Bailey Drive in Brighton, CO! Nestled on a spacious 2.26-acre lot in unincorporated Weld County, this delightful 3-bedroom, 1-bath home offers a perfect combination of rural charm and modern convenience. The property’s location provides the benefit of lower property taxes, while still being just minutes away from the bustling city of Brighton and conveniently close to Lochbuie. Enjoy the peaceful, open landscape with the convenience of nearby amenities, shopping, dining, and schools. Inside, the home has been thoughtfully updated with newer carpets and brand-new laminate flooring in the kitchen, creating a fresh and inviting atmosphere. The septic system has also been updated, ensuring peace of mind for years to come. The home’s private well adds to its appeal, offering independence from city utilities. For those with a passion for animals or outdoor projects, the property includes two large sheds, one of which was previously used for housing horses and cattle. This makes it an ideal location for livestock, chickens, or any other farming or gardening pursuits you may have. The expansive lot offers plenty of space to expand the home, add a garage, or build a workshop to suit your needs. Whether you dream of a mini farm, a hobby homestead, or simply a peaceful place to escape the hustle and bustle of city life, this property provides endless possibilities. Embrace the best of both worlds with country living just a short drive away from the heart of Brighton. Come experience the serenity and potential that 1251 Bailey Drive has to offer!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.81
Remaining Loan Term
28 years, 6 months
Monthly PITI
$2,819.48/mo
Estimated Loan Balance
$365,390
Cash to close
$230,567
Interest Paid
$35,839

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Air Conditioning-Room
  • Heating: Baseboard
Features
  • Materials: Frame, Other, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Laminate

Exterior

Fencing
  • Fencing: Fenced Pasture, Partial
Roof
  • Roof: Composition, Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Well
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Frame, Other, Wood Siding
  • Roof: Composition, Unknown
Condition
  • Year Built: 1950
Details
  • Builder:

Community & HOA

Community
  • Subdivision: JO ANN SUB
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Brighton

Financial Details

  • Price per Sqft: $537.04
  • Tax Annual Amount: $1148
  • On Market Date: 2024-10-24T00:00:00.000Z
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 $230,567 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $230,567!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$349,433
Your Cash$230,567
Total Purchase Price:$580,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$2,307/mo
Traditional @ 7.5%
$2,476/mo
You save $170/month ($2,036/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8365196

Listing From: recolorado

Last updated: 2025-03-22T00:12:20.000Z

© , 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

6.81%
7.15%

Principal & Interest

$2,307 /mo
$2,387 /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 $230,567 (40%)
You can enter any amount below - secondary financing will cover the difference if needed.
40%
$

You cover the entire equity of $230,567!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$349,433
Your Cash$230,567
Total Purchase Price:$580,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$2,307/mo
Traditional @ 7.5%
$2,476/mo
You save $170/month ($2,036/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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